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- April 17 2025
Seadrif, PCIRC among risk pools to receive US$5.3m joint grant for climate and disaster risk financing and insurance
Global Shield Solutions Platform will provide funding to allow four risk pools globally to establish a learning network, create a global facility for risk data and analytics, and initiate an employee exchange programme.
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- April 17 2025
Opinion: Back with a vengeance: the cycle is dead; long live the cycle!
Despite premature obituaries, the (re)insurance cycle is alive and kicking, highlighted by ample capacity at the April 1 renewals.
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- April 16 2025
Markel to buy P&I specialist MGA Meco
The MGA with presence in Shanghai, London and Dubai will integrate into the specialty (re)insurer but will continue to operate through its brands Charterers P&I Club, Transmarine and Aurora P&I.
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- April 15 2025
US tariffs could manifest in reduced demand for insurance globally: AM Best
Lines that are likely to be impacted include trade credit, political risk, marine, energy, motor and property insurance as well as surety, D&O and workers’ compensation.
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- April 15 2025
Emerging ‘silent AI’ risk on underwriters’ minds, poised to trigger finpro liability claims
As businesses increasingly integrate AI technologies, insurers face the challenge of unintentional coverage gaps, reminiscent of ‘silent cyber’.
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- April 14 2025
Generali GC&C taps Tokio Marine Asia’s deputy CEO as global head amid major restructure
Philippe Vezio relocates to Milan having spent the last six years in Singapore.
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- April 14 2025
Global reinsurers in good stead despite rising nat cat claims, tariff shocks: S&P
The sector will retain 60-65% of its 2025 nat cat budget, providing sufficient capacity to withstand additional events and still meet cost of capital, the rating agency said.
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- April 11 2025
‘Tariffs are just one piece of the puzzle’: Aon’s Asia head of shipping
Oliver Miloschewsky tells IAN's Between The Lines podcast that 'tariffs are easy to impose, but the effects tend to be very long-term'.
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- April 11 2025
London market ‘dismayed’ as Blueprint 2 testing delay could stretch to 2027
Leading figures backed the move to push back the transformational initiative, but one leading figure tells InsuranceAsia News the implementation could go beyond next year.
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- April 9 2025
2025 cat losses could cause Asia energy market shift: WTW
Current soft conditions follow a strong year for (re)insurers in the downstream and upstream energy sectors, but elevated cat activity could quickly tighten the market.
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- April 9 2025
‘Storm clouds remain’ for aviation market as Japan helicopter crash adds to growing list of disasters
Gallagher Specialty says the aviation and aerospace insurance market is delicately balanced after a series of high-profile losses.
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- April 7 2025
Donald Trump’s ‘Liberation Day’ tariffs set to see firms turn to trade credit insurance: Aon
Trade credit, political risk insurance and surety to secure non-payment risk, enhance finance and protect investments are some of the mitigation solutions businesses may need to explore, says Aon's head of credit solutions for Asia, Steve Taylor.
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- April 4 2025
Trump’s tariffs on Asia to strain supply chains and regional economies
As markets react negatively, experts warn of potential vulnerabilities, particularly in sectors like specialty insurance and agriculture, highlighting the far-reaching implications of escalating trade tensions.
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- April 3 2025
Jewelers Mutual acquires Australian MGA Jewellers Loop
The acquisition of the Sydney-based specialist that covers engagement rings, watches and jewellery is aligned with the US carrier's market expansion outside North America.
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- April 3 2025
Opinion: As changes at the top leave Lloyd’s exposed, does opportunity knock for Asia?
CEO John Neal is leaving this year, but a replacement has not been found, while the market is also getting a new CFO and chairman at the start of May.
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- April 2 2025
Trade credit: Amid trade war, APAC firms must stay agile and ensure adequate protection
The US has implemented a new tariff regime across industries and countries, with import duties being a central aspect of US economic and foreign policy. These measures aim to protect domestic industries from what the US government perceives as unfair trade practices, global excess capacity, and imbalanced trading relationships. The policy includes mainland China, delayed […]
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- April 1 2025
‘Welcome reprieve for buyers’ at 1.4, Japan cat XoL rates down 10-15%: Howden Re
Risk-adjusted rate reductions in Asia Pacific and varied specialty renewal outcomes reflect ‘hard market softening’ at April 1, the broker said in its post-renewal report.
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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
Time to shine a light on the dark fleet, with insurance cover – or the lack of – at the heart of the debate
Oil and gas exports are a key revenue source for Russia, but the sector has been subject to Western sanctions since 2014, leading to a surge in tankers that engage in activities to mask their location and identity.
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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.
