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- May 27 2026
South Korean financial regulator approves Lotte’s management improvement plan: reports
Korean insurer must implement its plan for 18 months, with the Financial Services Commission and Financial Supervisory Service monitoring the progress.
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- May 27 2026
Deutsche Rück flags Myanmar earthquake as biggest loss in 2025 as profits jump 45%
German reinsurer posts strong premium growth and improved underwriting, with international expansion underpinning strong outlook.
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- May 25 2026
Tower elevates Michael Skeens to chief operating officer
Former customer contact centre head will be responsible for leading the Kiwi insurer's operational hubs, teams, systems and processes.
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- May 23 2026
Full Capacity: Japan’s big 3 make waves globally
This week's newsletter also discusses M&A updates, Munich Re's typhoon season predictions, political violence risks for APAC companies, Willis and Global Parametrics new parametric policy and ARPC's improved affordability for covers.
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- May 22 2026
Gallagher Re confirms Carlos Grijalva as APAC head of cyber
Hong Kong‑based Grijalva’s move to join the reinsurance broker was first reported by InsuranceAsia News last month.
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- May 22 2026
South Korea to offer US$200m war-risk cover for small shippers in Strait of Hormuz
Financial Services Commission will also explore the creation of a reinsurance program to extend coverage to larger vessels with significant economic impact.
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- May 21 2026
Munich Re taps Gavin Maistry to lead APAC MEA L&H as Daniel Cossette retires
Singapore-based Maistry was most recently the reinsurer’s global chief actuary for life and health.
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- May 21 2026
Tokio Marine outlines capacity for over US$10bn in M&A following Berkshire deal
Beyond US deals, insurer sees Canada, Australia and Southeast Asia as priority markets for growth, according to Tokio Marine managing executive officer and co-head of international.
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- May 21 2026
Tokio Marine’s Greensill reserving fuels US$300m profit drop
Insurer entered a court-sponsored mediation in March, and is currently negotiating the settlement of Greensill Bank AG litigation.
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- May 20 2026
Sompo posts record US$4bn profit, up 163% on lower nat cat losses, strong underwriting gains
Group’s insurance service result rose 93.5% to US$3.7bn, while consolidated net profit increased 71% to US$3.1bn
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- May 20 2026
MS Amlin posts 30% jump in insurance service result, COR down to 83%
Net premium written increased 27% to US$2.5bn, while its net profit rose 80% to US$345m.
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- May 19 2026
Markel, Willis launch dedicated nuclear insurance facility
Facility will provide capacity property damage and business interruption cover for nuclear-critical and conventional exposures spanning construction through to operation.
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- May 19 2026
Australia’s cyclone pool cuts premiums by 37%, boosts availability in high-risk areas: ARPC
Government-backed reinsurance scheme improves affordability and access in cyclone-prone regions, with insurer participation driving a 27% rise in policy availability since its launch in 2022.
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- May 18 2026
Steadfast-owned Miramar acquires Australian sports specialist MGA
Sports Underwriting Australia will join the MGA group as Miramar Sports, strengthening the group’s specialty capabilities.
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- May 18 2026
Asia Pacific MGA market has ‘a lot of headroom’ for growth
GC Access' Steve Warwick highlights strong expansion potential, with MGAs generating new business through talent and technology.
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- May 16 2026
Full Capacity: Softening market tests underwriting discipline
This week's newsletter also discusses M&A updates, Ardonagh's Asia expansion, Howden HK's leadership change, IAG's ambition and India's new marine pool.
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- May 15 2026
Marsh to acquire Japanese energy giant Eneos’ insurance units
Transaction involving Eneos Insurance Service and the insurance division of Eneos Material Trading is expected to close in the third quarter of 2026.
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- May 14 2026
Tasmania presses ahead with scaled-back TasInsure plan
Insurer will be set up as a government-owned, not-for-profit statutory authority rather than an insurer as was proposed earlier.
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- May 13 2026
India launches US$1.5bn maritime insurance pool, issues first war risk policies
GIC-administered Bharat Maritime Insurance Pool provides H&M, cargo, P&I, and war-risk cover for Indian-flagged or controlled vessels and voyages to or from India.
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- May 13 2026
Once-in-a-lifetime opportunity: Asia’s data centre boom tests insurers
Strong regional capacity is supporting a surge in mid-sized developments, but as projects scale up, insurers face a growing protection gap and rising reliance on global capital, Aon’s Terence Williams says.
