Country: Global Page 4 / 55
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- March 24 2025
Korean insurers chalk out overseas expansion plans as domestic growth stalls: report
Samsung Fire & Marine and Hyundai Marine & Fire are eyeing acquisitions and investements to grow their international footprint.
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- March 20 2025
IUA CEO Dave Matcham to depart after 2 decades of ‘passion’ for Asia
At a turbulent time for London market, Matcham is set to be replaced by International Underwriting Association (IUA) director of legal underwriting and claims, Chris Jones, at the start of May.
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- March 18 2025
Axa XL announces key promotions in APAC, Europe construction and energy underwriting team
Paris-based Olivier Croese will lead the team, while Madrid-based Susana Huete Santos becomes regional product leader.
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- March 17 2025
Japan veteran James Vickers to retire after 47-year career
Vickers, who spent nearly two decades in Japan, will step down from his role as chairman with Gallagher Re's international division on May 31, 2025.
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- March 17 2025
Just the tip of a liability iceberg as PFAS risks become apparent, but legal reform roadblocks remain
Firms are set to be drawn into litigation, but changes to the law in Australia are unlikely as they could potentially open the government to significant risks, according to a Sydney-based lawyer.
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- March 14 2025
MSIG expands Hong Kong, Singapore political risk and trade credit lines with US tie-up
Partnership will help carrier capitalise on growing demand for specialised cover in the region, leveraging US-based underwriting expertise alongside strong local presence and market knowledge.
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- March 13 2025
Exclusive: London P&I Club to dock in Shanghai, sail on Asian wave amid difficult-to-navigate geopolitical storm
Club also saw new tonnage increase in other APAC countries, such as South Korea, Vietnam, and Indonesia during last month's renewals.
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- March 12 2025
APAC M&A activity down 25% in 2024, weighed down by geopolitics: Clyde & Co
Clyde & Co’s annual insurance growth report says established players preferred to pursue organic investment programs in areas including data analytics.
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- March 12 2025
Canopius’ APAC premiums grow 28% to US$377m in FY24
Lloyd's insurer's APAC COR in the region deteriorated 5.5 percentage points year-on-year to 92.1%.
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- March 11 2025
Frontier launches new kidnap, ransom, extortion coverage with Travelers capacity
The MGA will offer the product across APAC with limits of up to US$15m per event and US$30m in aggregate.
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- March 5 2025
‘Any dollar trade could be risky’: sanction complications remain for insurers even as Trump mulls easing curbs
NorthStandard's head of external affairs Mike Salthouse discusses the impact of sanctions, the rise of shadow fleets, and the complexities of insuring maritime operations amid evolving geopolitical tensions.
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- March 4 2025
Mitsui Sumitomo eyes global cyber expansion with US$30m Coalition investment
Funding builds on the Japanese insurer's strategic partnerships with the cyber specialist MGA in Australia and Japan.
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- February 28 2025
Swiss Re’s 1.1 APAC renewals growth slows down
Reinsurer's 2% increase in regional premium volume this year contrasts the 5% growth reported in last year’s January 1 renewals.
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- February 27 2025
As ‘direction of travel’ shifts, attention turns to APAC terrorism pools in wake of UK changes
Decision by Pool Re to move to a more commercial model poses questions for Australian and Indian schemes.
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- February 26 2025
Skuld grows mutual P&I GT by 6% during renewal despite ‘turbulent times’
The club's mutual P&I tonnage for the 2025/26 policy year stands at 122 million gross tonnage (GT).
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- February 26 2025
‘Untainted appetite’, capacity remains for aviation programs despite high-profile losses
Aviation (re)insurance sector remains a buyer’s market, although uncertainty remains following high-profile losses in the US and South Korea.
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- February 25 2025
West P&I, London P&I record strong renewal growth amid market challenges
West P&I achieves mutual tonnage increase to 110 million gross tonnes (GT), while London P&I records 12% rise to 49.3 million GT.
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- February 25 2025
Gallagher promotes Australia, Asia chief Sarah Lyons to global specialty CEO role
She will take over the London-based role from current CEO Jonathan Turner, who is leaving the business.
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- February 21 2025
QBE FY24 GWP up only 3% to US$22.4bn on portfolio exits, lower crop premium
Insurer reports an improved COR of 93.1%, supported by a favourable catastrophe experience, alongside a more stable central estimate reserve development.
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- February 20 2025
Time to take plunge on new risk pools as dangers mount, brokers say, but ‘major questions exist’
Lockton Re and Howden Re highlight cyber risks and the wake-up call following the Los Angeles wildfires.
