News Page 46 / 1276
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- April 1 2026
Asian renewals see broad softening, but outcomes diverge by territory and loss experience
While overall demand remained stable, cedents in South Korea, India, China, and the Philippines capitalised on favourable terms and competitive pricing, with many exploring new structures and proportional protections.
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- April 1 2026
Record US$785bn of reinsurance capital drives APAC market softening during 1.4 renewals: Aon
Cat XoL pricing in Japan saw 15-18% reductions during the 1.4 renewals as capacity influx fuelled intense competition within the reinsurance market.
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- April 1 2026
Howden appoints Mani Tsang as head of claims in Hong Kong
She brings over a decade of experience in complex claims, with expertise in property, construction, energy and liability lines.
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- April 1 2026
Kyung Tae Koo named Marsh Korea CEO
Seoul-based Koo will oversee the operations of Marsh Korea, including Marsh Risk and Mercer businesses.
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- April 1 2026
‘Firmly in an attractive buyers’ market’ with property rates down, casualty broadly stable at 1.4: Gallagher Re
Some of the biggest property decreases came in Japan, the US and the Philippines, with reductions of 15-25% for loss-free programs, according to the First View report.
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- April 1 2026
Australia’s underinsurance to increase risk for banks, households: S&P
Rising inflation, extreme‑weather losses, and escalating energy costs are pushing home insurance out of reach for more Australians, widening the protection gap and increasing risks, according to a report by S&P Global Ratings.
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- April 1 2026
Howden hires Axa’s Andy Buddell as Asia COO
Malaysia-based Buddell was previously director of operations for international markets at Axa, where he worked for seven years.
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- April 1 2026
Aon hands Nick Chapman expanded marine risk engineering lead role in Asia
Change extends his responsibilities beyond cargo and logistics, according to a LinkedIn update from regional head Stephen Rudman.
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- April 1 2026
MLX demerger from Market Lane makes ‘significant headway’
Australian MGA will 'very shortly' complete its demerger from its parent company, according to an update on Wednesday.
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- April 1 2026
Japan Post Insurance inks block life reinsurance deals in time for new solvency regime
New asset intensive reinsurance deals with Aflac Re Bermuda and Talcott Life Re coincide with the arrival of Japan's new solvency regime.
