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- April 12 2025
Full capacity: Trump tariffs reshaping Asia
In the latest issue of our Full Capacity newsletter, we look at Markel's search for new CEO, Kiwi tornado, Australia's new personal privacy laws as well as our weekly roundup of people moves.
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- April 11 2025
Hannover Re to acquire iptiQ, Swiss Re’s Australian direct life portfolio
Deal expected to close in 18 months, and marks Swiss Re's complete exit from iptiQ.
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- April 10 2025
US tariffs may slow premium growth in trade-related P&C lines, raise claim costs: Moody’s
Supply chain disruptions and lower trade volumes could significantly reduce insurance demand for certain lines in Asia like marine cargo and credit.
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- April 9 2025
Carrot Insurance considering merger with parent Hanwha amid financial troubles
The digital carrier CEO Moon Hyo-il reportedly told employees that they are reviewing a capital increase and a merger with its parent.
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- April 8 2025
APAC cyber premiums to top US$3bn by 2030: Munich Re
Reinsurer expects global market to more than double to US$32.4bn in the next five years, making it one of the most rapidly growing insurance sub-sectors.
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- April 8 2025
Markel’s Stobbs confirms ‘desire’ to return to UK by end of 2025
'I’ll miss being in the region, though I’ll certainly keep cheering the team on from the headquarters,' Markel's Asia Pacific managing director says.
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- April 6 2025
Full capacity: Reinsurance capital: burden of plenty
In the latest issue of our Full Capacity newsletter, we look at Trump's tariffs, Australian cat claims, north Asian wildfires as well as our weekly roundup of people moves.
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- April 3 2025
Berkley deal to add US$272m to Mitsui Sumitomo’s earnings: Fitch
No immediate effect on MSI ratings after Berkley stake buy and the merger with Aioi Nissay merger, the rating agency said.
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- April 2 2025
Buyers make hay at 1.4 as reinsurers seek growth armed with record-high capital
InsuranceAsia News examines key takeaways from the April 1 renewals commentaries by Aon, Gallagher Re and Howden Re.
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- April 1 2025
April 1 renewal sees healthy reductions in Japan, South Korea as outcomes exceed expectations: Aon
Risk-adjusted rate reductions in the mid-to-high single digits were typical, with double-digit reductions in some territories.
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- April 1 2025
Howden India appoints Aon’s Saurabh Verma as chief business officer
He will be in charge of promoting regional growth and strengthening client connections.
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- April 1 2025
Bain Capital exits Tower investment via US$50m block deal
Kiwi insurer's largest shareholder sells 19.941% stake for US$0.74 per share.
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- April 1 2025
Megaquake in Japan’s Nankai Trough could cause US$2trn economic losses, kill 300,000
Government expert panel estimates about an 80% chance of a magnitude 8 to 9 earthquake along the tremulous seabed zone occurring within 30 years
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- April 1 2025
Aon Re names Soeren Soltysiak Asia CEO in regional leadership rejig
Reinsurance solutions also appoints Musa Adlan as MD for Asia and announced new co-heads for L&H, retrocession and a chairman for APAC specialty.
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- March 31 2025
Peak Re posts US$187m net profit in FY24, GWP flat at US$1.76bn
Hong Kong reinsurer’s revenue decreased 25.7% to US$1.16bn, according to unaudited results from Fosun International.
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- March 31 2025
Chaucer FY24 GWP tops US$3bn, reports 87.55% COR
The 17% GWP growth in the latest financial year for the China Re-owned Lloyd’s syndicate was fuelled by a 26.7% expansion in its treaty book.
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- March 31 2025
Hong Kong’s Peak Re makes India foray with GIFT City branch
Office in the offshore special economic zone will be led by Sudhir Salian, managing director and head of India.
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- March 29 2025
Full capacity: 2025 the year of the fires?
In the latest issue of our Full Capacity newsletter, we look at April 1 renewals, Myanmar quake, MS&AD's deals as well as our weekly roundup of people moves.
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- March 28 2025
Japan Post agrees US$3.6bn block reinsurance deal with Talcott Life Re
Japanese life insurer will continue to service and administer the reinsured in-force payout annuities.
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- March 28 2025
Mitsui Sumitomo agrees to acquire 15% in WR Berkley for about US$3.8bn
Japanese insurer will buy the shares through open market purchases or private transactions with third parties and expects to complete the acquisition by March 2026.
