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- May 6 2021
BHSI appoints senior Asia transactional liability underwriter
Daniel Thieviasingham is based in the Lion City and formerly worked at Lockton.
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- May 4 2021
Asia’s satellite market the ‘hardest’ in a decade—source
Global reinsurers generally pick up losses in the region.
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- April 30 2021
Aon/WTW: EU conditional approval likely with no additional concessions — report
It is potentially a major step to the creation of the world's largest insurance broker.
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- April 29 2021
(Re)insurers’ innovation investments go beyond insurtech
WTW highlights record Q1 funding of US$2.55bn -- as Chinese insurtechs Waterdrop and Leapstack eye expansion.
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- April 28 2021
Offshore wind farm innovation has trade-offs: Scor
Insurance needs to protect the risks associated with the new technology required to lower costs.
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- April 27 2021
Australia’s turn to weigh in on Aon/WTW
The ACCC may also require asset sales as the US and EU seek divestitures.
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- April 26 2021
Public sector solutions vital to cover pandemic risk: Geneva Association
Almost 99% of US$4.5tn in global Covid-19 GDP losses for 2020 unlikely to be covered.
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- April 20 2021
Steadfast takes majority stake in global broker network
UnisonSteadfast has members in Asia and controls over US$30bn of GWP.
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- April 19 2021
Reinsurers paid out 111% of earnings in 2020
Data from Willis Re shows the industry is still not earning its cost of capital.
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- April 16 2021
Asia’s insurers face rising tide of climate litigation
Litigants could argue that failure to properly address or disclose climate risk caused losses.
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- April 15 2021
Trade credit insurers brace for insolvency uptick
2021 expected to bring a sharp rise in bankruptcies as fiscal support measures end.
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- April 14 2021
Suez Canal Authority seizes Ever Given, demands US$900m
The ship's liability insurer, the UK P&I Club, has disputed the "extraordinarily large claim".
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- April 13 2021
Aon/WTW: aerospace, cyber assets offered to secure EU approval–report
The EU competition authority has a provisional July deadline to make a decision.
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- April 12 2021
Willis Re’s mooted sale to revamp Asia market
Reported front-runner AJ Gallagher would acquire a major presence in the region.
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- April 9 2021
Holger Tewes-Kampelmann to lead Allianz Re
The CFO is replacing Amer Ahmed who has led the global reinsurer since 2012.
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- April 8 2021
Axa XL taps Asia marine head for global role
Singapore-based Sundeep Khera moves to London after being appointed global head of hull and head of marine UK & Lloyd’s market.
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- March 31 2021
London market plans Asia charm offensive
Lloyd's brokers believe face-to-face negotiation will give a competitive edge post-Covid.
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- March 31 2021
Ever Given claims to run into ‘hundreds of millions’
A claim may be advanced by the Suez Canal Authority against the owner, an expert tells IAN.
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- March 30 2021
Ever Given: wider marine insurance market to see limited impact
AGCS expert tells IAN it is still too early to predict overall losses.
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- March 26 2021
Container ship stuck in Suez Canal to trigger ‘large losses’
Insurers could be on the hook for salvage bill and liability claims from the stricken Ever Given, experts tell IAN.