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- July 5 2022
Peak Re’s net profit decreases 16% to US$73.2m as claims rise
Net incurred claims climbed to just over US$1.3bn.
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- June 30 2022
Sanctions could shift more marine premiums to Asia
The ongoing Ukraine conflict could see more hull and cargo underwriting activity transferred to the region.
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- June 29 2022
Acrisure Re signs India fac partnership with Mahindra Insurance Brokers
The deal will help Acrisure expand in India and Mahindra to access global markets.
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- June 17 2022
MS&AD joins Net-Zero Insurance Alliance
The UN initiative wants net-zero greenhouse emissions in underwriting portfolios by 2050.
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- June 13 2022
Asia casts its eye over the Florida renewals
Munich Re, Swiss Re and RenaissanceRe have all withdrawn capacity from the market.
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- June 10 2022
Howden acquires TigerRisk to create global reinsurance player
Howden Tiger will have 450 staff across 30 offices with an APAC footprint.
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- May 11 2022
AUB gains Asia, Lloyd’s scale with Tysers deal
Around 17% of Tysers' GWP last year came from Asia as it looks to double headcount in Singapore.
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- May 10 2022
AUB acquires Lloyd’s broker Tysers for US$618m
PSC Insurance Group is also entering into a JV for Tysers' UK retail operations.
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- May 6 2022
QBE CEO warns of US$75m hit from Ukraine crisis
The Australian insurer has exposure to political violence, political risk and aviation.
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- May 5 2022
Australia floods hit Hannover Re’s Q1 P&C COR
The February and March floods have cost the global reinsurer US$196m so far.
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- April 28 2022
Chaucer commits to net zero by 2050
The China Re owned firm recently teamed up with Moody's to produce an ESG scorecard.
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- April 28 2022
Australia’s QBE withdraws from Irish P&C market
The insurer will continue to offer "incidental" Irish policies from the UK.
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- April 20 2022
Adjuster Stelliant closes Hong Kong, Singapore offices
The French firm will continue to have a close working relationship with Crawford in the region.
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- April 13 2022
Tokio Marine’s GCube opens Sydney office
The specialist insurer underwrites renewable energy products -- a fast-growing sector in APAC.
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- April 12 2022
China: Lure of cross-border reinsurance grows on nat cat spike
Players - including Allianz Re, Swiss Re and Peak Re - set to benefit.
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- April 11 2022
Sompo International opens Tokyo office
Former AIG veteran will head the new unit.
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- April 7 2022
RenaissanceRe launches global specialty joint venture
The JV called Fontana extends the reinsurer's ILS offering and could bolster its Asia presence.
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- April 5 2022
Tokio Marine: Greensill policies were ‘void from inception’
The Japanese insurer says that it will vigorously defend any claims relating to the supply chain financial firm.
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- April 4 2022
No deal agreed with Tysers: AUB Group
M&A discussions haven't led to a transaction being agreed on acceptable terms, AUB said.
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- March 8 2022
Political risk market hardens in Asia amid Ukraine invasion
Russian invasion adds to stresses that were already building amid rising inflation.
