News Page 29 / 1219
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- January 27 2026
Tasmania appoints John Trowbridge to assist with TasInsure set-up
Premier Jeremy Rockliff says the recent bushfires in Victoria and Cyclone Koki in Queensland highlight the need for Tasmania to have its own local solution to combat rising premiums.
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- January 27 2026
AUB acquires UK intermediary Prestige for US$300m, plans US$276m equity placement
Acquisition represents the Tysers owner's entry into the UK MGA segment and expansion in the UK retail insurance market.
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- January 26 2026
Marsh expands data centre facility to Australia, New Zealand, raises limit to US$2.7bn
Nimbus now provides coverage, inclusive of delay in start‑up and business interruption, for major data centre construction projects in Australia, New Zealand, the UK, the US, Canada, and Europe.
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- January 26 2026
Victoria bushfires won’t shift market, Howden says, with losses set to be less than ‘Black Summer’
Broker tells InsuranceAsia News reinsurance recoveries under cat XoL programs ‘unlikely to be material’.
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- January 26 2026
Liberty Specialty Markets hires Edrick Tang as senior underwriter for fine art and specie in APAC
He brings 15 years of industry experience at major insurers, most recently as fine art and private clients underwriter at Berkley Insurance Asia.
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- January 26 2026
Gallagher promotes Adam Sullivan to Asia specialty CEO
Aviation specialist retains his existing responsibilities as head of Gallagher's APAC aerospace business.
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- January 26 2026
Axa re-domiciles greater China unit from Bermuda to Hong Kong
Insurer becomes the second to redomicile after the process was simplified last year, with Sun Life studying moving its domicile to Hong Kong.
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- January 26 2026
Aon onboards Penny Chua as head of marine claims advocacy for Asia
Singapore-based Chua joins from Liberty Specialty Markets, where she was marine claims manager for Asia.
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- January 26 2026
Hong Kong P&C underwriting profit for 9M 2025 climbs 63% to US$450m
General insurers' gross premiums for the first three quarters of last year was up 10.5%, while overall profit grew 50.5% to US$1.3bn.
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- January 26 2026
Australia braces for heavy rains as Cyclone Luana’s remnants track inland
Severe weather persists across the country as temperatures reach nearly 50°C, elevating the risk of bushfires.
