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- March 3 2022
Ukraine invasion heightens marine risk in Asia
Evolving sanctions and snap decisions by global giants mean (re)insurers are assessing their risks hourly.
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- February 28 2022
Swiss Re names new Asia CEO as global P&C profits hit US$2.1bn
Global head of L&H Paul Murray to start in April as Russell Higginbotham handed CEO, Reinsurance Solutions role.
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- February 28 2022
Asia cyber ripe for underwriting revolution
Gallagher Re suggests skyrocketing premiums could be countered by changes in industry practices.
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- February 18 2022
QBE’s profit surges despite 23% nat cat claims rise
Group profit increased to US$750m in FY2021, following significant losses in 2020.
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- February 11 2022
Chaucer launches new ESG scorecard
The China Re-owned specialty player is teaming up with Moody’s to track ESG metrics.
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- February 10 2022
QBE joins UN’s Net-Zero Insurance Alliance
The insurer has agreed to transition its underwriting portfolio to net-zero by 2050.
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- February 7 2022
Aon’s Asia arm boosts revenue growth
The global broker saw 9% revenue growth for FY 2021.
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- January 24 2022
Peak Re appoints P&C head of product underwriting
Piotr Nowakowski joins in February in Hong Kong and was most recently at Echo Re.
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- January 24 2022
Tokio Marine accused of failing climate promises
The Japanese insurer, as well as Chubb and Mapfre, criticised over Brazilian drilling.
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- January 17 2022
Credit Suisse files claims with US$1.17bn exposure related to Greensill
The five claims are revealed as the bank tries to recoup more money after the supply chain financier's collapse.
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- January 14 2022
WTW rebrand signals new era after Aon drama
The Willis name has had a long history with roots going back to 1841.
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- January 14 2022
Climate crisis dominates Asia’s risk outlook
Nat cats caused US$50bn of losses in APAC in 2021, as WEF says top five risks are linked to climate change.
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- December 28 2021
PartnerRe to diversify Covéa’s business profile: AM Best
The deal is expected to broaden the French mutual insurer's product offering and geographic footprint.
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- December 23 2021
Marsh Specialty appoints HK-based aviation risk leader
Rick Howell will join the global broker in January from Cathay Pacific.
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- December 20 2021
Omicron threatens reinsurance outlook
Sudden and virulent emergence of the new variant is weighing on sector forecasts.
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- December 17 2021
Nat cat toll shows no sign of slowdown
Insurers hit by US$105bn losses in 2021, making it the fourth worst year on record.
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- December 14 2021
Fixing reinsurers’ big data problem
A more open ecosystem approach to data is urgently needed to expand the universe of insurable risk in Asia.
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- December 6 2021
Lloyd’s expands cyber war exclusions
New wording narrows the scope of standalone policies, excluding cover for losses attributed to a nation state.
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- December 2 2021
Reinsurance rates to rise as large cat losses hit: S&P webinar
Panelists predict any new lockdown measures would have only a limited impact on the global P&C market.
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- December 1 2021
Gallagher closes Willis Re deal
The US$3.25bn acquisition will give the US broker a significantly expanded APAC reinsurance footprint.
