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- June 16 2025
Gard appoints André Kroneberg as Asia business unit head amid major global restructuring
P&I club will form five market-facing syndicates, with Bjørnar Andresen and Christen Guddal taking on global responsibilities.
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- June 16 2025
Asian and financial risks, cyber, silos on the agenda as insurers, risk managers face complex challenges
Geopolitical risks were at the heart of the agenda at the 2025 Airmic Conference in Liverpool, where risk managers from the UK, Ireland, and Europe gathered last week.
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- June 13 2025
Zurich Cover-More announces new CEO as Asia veteran David Fike prepares to retire
Jeff Rutledge will take over as chief executive of the Sydney-based travel insurer from July 1, while Emily Yoo has been handed an expanded role to lead integration with Travel Guard.
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- June 12 2025
Watershed moment as insurers told to cover jets stranded in Russia
AerCap, which owns 116 of the planes, was awarded US$1bn after the judge ruled that the cause of the loss was 'an act or order of the Russian government' and should be covered by war risks policies.
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- June 12 2025
As balance of power shifts, Asian property cat cedents can take heart from Florida renewal season
Following recent years in which capacity has been restricted, reinsurers are demonstrating an increased risk appetite at a reduced rate.
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- June 11 2025
Samsung Fire & Marine to buy additional 21% stake in Canopius
Transaction will increase the Korean insurer's total share to 40%.
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- June 9 2025
Japan’s Mitsui Sumitomo Insurance domestic operations performance to remain stable: AM Best
The rating agency has affirmed financial strength rating of A+ (Superior) and long-term issuer credit rating of “aa” (Superior) to MSI.
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- June 9 2025
Putting Markel on the map: International president Andrew McMellin eyes US$500m APAC premiums written by 2030
Specialty insurer also targets US$5bn of premiums across its international markets, while trying to get a 50/50 balance between London and non-London books of businesses.
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- June 9 2025
Manulife unit to re-domicile to Hong Kong from Bermuda in November
Second insurer after Axa to shift its base under Hong Kong's new company re-domiciliation regime.
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- June 5 2025
US port fees present ‘significant challenges’, says Skuld, as owners, charterers eye calm waters
China service fees are generating confusion in the maritime industry, particularly regarding the definition of vessel operators and the responsibilities of various parties involved in charter agreements, according to the P&I club.
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- May 30 2025
Even as Trump’s tariffs are halted by US court ruling, trade credit insurers had avoided a ‘knee-jerk reaction’
Ian Leslie, managing director and UK head of trade credit at Marsh Specialty, says insurers had been taking a wait-and-see approach even before a federal court dealt a major blow to the new US administration.
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- May 29 2025
With delays becoming the new norm for Asia’s cargo market, intensifying risk aggregation threatens capacity
Data shows port congestion issues have significantly worsened, forcing underwriters to rethink their strategies.
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- May 28 2025
Peak Re expands to North America with Bermuda subsidiary led by Gene Zhang
With a focus on underwriting casualty reinsurance, Peak Re North America 'is a significant step in our group’s global growth strategy', group CEO Franz-Josef Hahn says.
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- May 23 2025
SMBC Aviation’s insurance settlements for jets stranded in Russia reach US$1.4bn
Japanese aircraft lessor says it received US$24m in FY25 and US$630m, in addition to a US$756m settlement from Russian insurer NSK in 2023.
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- May 21 2025
Axa XL promotes Tavpraneet Singh to CUO for international financial lines, APAC and Europe
Singh will be responsible for the underwriting strategy for professional indemnity, management liability, financial institutions, cyber, and M&A.
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- May 19 2025
Blunt warning for Lloyd’s syndicates from incoming CEO, market urged to avoid ‘travesty’
With 15 Asian service companies in Singapore, Patrick Tiernan urges self-diagnose amid a fragile market, while CUO Rachel Turk warns of a 'critical junction'.
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- May 12 2025
Green transition to test industry’s relevance as debate intensifies, LMA’s Paul Davenport says
Lloyd’s Market Association finance and risk director made the comments after it had been suggested that insurers have often been seen as 'going missing in action' when it came to the structure of green finance for projects.
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- May 8 2025
Patrick Tiernan appointed Lloyd’s CEO, succeeding John Neal
Current chief of markets will start in the new role from June 1.
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- May 7 2025
Axa XL appoints veteran Marc Audrin as APAC, Europe CFO
Dublin-based Audrin has been at the Axa Group for over 32 years, with his most recent role being Axa XL's CFO for APAC, Europe and XL Insurance Company SE.
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- May 5 2025
Product recall specialist BluNiche to enter China with new capacity
The London MGA, backed by Chaucer capacity, has secured an increase in its underwriting capacity for 2025.
