Country: Global Page 1 / 55
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- August 1 2025
Markel to divest US$1.2bn global reinsurance renewal rights to US carrier Nationwide
Markel's global reinsurance division will enter run-off with a large number of underwriters moving to Ryan Re, which will be delegated by Nationwide to manage all renewal policies.
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- July 31 2025
‘It’s a trust game’: with cyber claims spikes front and centre, alternative solutions offer cover for growing threat
Comments follow placement of innovative ‘surge’ reinsurance with Arch Capital Group.
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- July 30 2025
Insurance market dynamics present ‘unique, temporary’ window of opportunity for insurance buyers: Aon
Increased capacity, improving terms and competitive pricing continues across wide swaths of the market, broker’s Global Insurance Market Insights report says.
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- July 28 2025
Aon’s John Morley joins Swiss crypto carrier 1B as CEO
Insurer plans to establish offices in Asia, including in Singapore, Malaysia and Hong Kong.
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- July 24 2025
MS Amlin names Christiern Dart as CEO, Andrew Carrier moves to Mitsui Sumitomo group role
Dart, who joins from Brit, will start in January, with incumbent Carrier joining MSI as executive officer.
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- July 22 2025
‘In a more global fashion’: MSIG Specialty Marine targets Asia P&I growth, Singapore underwriting launch
CEO Tom Oostra tells InsuranceAsia News' Between The Lines podcast that the region is getting stronger and stronger and is becoming a more important part of the global market despite a range of challenges facing the marine industry.
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- July 17 2025
Fusion Specialty names Robert Underhill as head of Americas
New York-based Underhill previously led the M&A transactional liability business across the US, Europe, Asia, and Australia for nine years at Berkshire Hathaway.
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- July 16 2025
Ex-Lloyd’s CEO John Neal changes course, set to join AIG as president
Lloyd's had confirmed Neal’s departure for Aon in January, after he had served as CEO of Lloyd’s since October 2018.
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- July 16 2025
US$1.3bn Myanmar earthquake biggest non-US insured loss event in H1 2025 as global total tops US$84bn: Gallagher Re
‘Psychological threshold’ question, the report says, is when will the insurance industry face its first US$200bn nominal annual loss year?
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- July 11 2025
War risk premiums up ‘substantially’ after deadly Houthi attacks, Skuld says
War risk premiums have risen to about 0.7% of the value of a ship from 0.3% last week, according to a report by Reuters.
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- July 2 2025
South Korea’s DB Insurance leading the race for US insurer Fortegra: reports
The approximately US$1.5 billion deal for the Florida-based specialty insurer is expected to be finalised by August.
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- July 1 2025
GIC Re hands Asta its Lloyd’s syndicate’s managing agency services
The agreement with the Davies-backed managing agency relates to the open and prior years of the Indian reinsurer's GIC syndicate 1947.
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- July 1 2025
APAC 1.7 renewals see ‘significantly more reinsurance capacity than demand’: Gallagher Re
Loss-free cat programs in Australia and New Zealand saw 5-12.5% risk adjusted reductions, while loss-free risk programs saw rates down 2.5-10%.
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- July 1 2025
Nuclear fusion is the next frontier for insurers, but collaboration essential amid sustainable energy push
China, alongside the UK, US, and Germany, are the leading nations in the global drive to create fusion power.
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- June 25 2025
Tokio Marine seeks ‘geographic diversity’, eyes US P&C expansion amid global acquisition push: report
New CEO Masahiro Koike says 'if there are good opportunities, we want to grab them'.
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- June 23 2025
‘APAC players are very engaged in ILS’: Twelve Securis seeks to fill the gap as cat bonds peak interest
Swiss asset manager is considering opening an office in Singapore or Hong Kong amid potential for cat bonds in the region, particularly from Chinese issuers and many Asian players looking to expand beyond traditional players like Japan.
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- June 20 2025
Further war rate adjustments expected amid intensifying Middle East conflict, Swedish Club warns
P&I club also anticipates increased focus on compliance-related issues in order to identify certain increased risk elements.
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- June 20 2025
Opinion: Specialty market set to be tested in the fire once again as Iran escalation evokes memories of Gulf War
Conflict between Israel and Iran is bringing back memories of the Gulf War, which was seen a key testing ground for the resolve of the marine market, with numerous attacks on ships.
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- June 19 2025
Marine insurers lift prices for Strait of Hormuz by 60% amid safety fears: FT
Cost of cover for a US$100m ship has risen from US$125,000 to US$200,000 since the start of the conflict between Israel and Iran last week, according to Marsh McLennan.
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- June 19 2025
Fitch upgrades QBE with reserve risk volatility set to ease, net income hits US$1.8bn in 2024
Rating agency upgrades insurer financial strength ratings of QBE Insurance Group's core subsidiaries to AA- (very strong), and QBE's long-term issuer default rating to A with a stable outlook.
