News Page 8 / 1219
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- March 2 2026
US-Israeli strikes on Iran force marine war market repricing amid elevated geopolitical risks: Aon’s Stephen Rudman
While there is no systemic withdrawal of capacity, underwriters have cancelled certain hull war policies and are offering reinstatement of cover at materially increased rates, the broker's head of marine in Asia says.
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- March 2 2026
Marcus Portbury replaces retiring Marc Breuil as BHSI’s Asia, Middle East president
Portbury will also assume Breuil's role as CEO of Berkshire Hathaway Specialty Insurance's (BHSI) Hong Kong branch.
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- March 2 2026
Robert Kell returns to Swiss Re CorSo as ANZ customer, distribution manager
He previously spent three years as a data scientist and assistant vice president at Swiss Re CorSo from November 2021 until January last year.
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- March 2 2026
‘Exciting and new’: Specialist Risk Group aims to put itself on the map in Australia, Southeast Asia
Group CEO Warren Downey and Australia managing director Laurence Basell tell InsuranceAsia News about what is next after the broker launched in Australia in January.
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- March 1 2026
ICA renews calls for climate resilience funding on Cyclone Alfred anniversary
Insurance Council of Australia (ICA) is urging sweeping federal budget measures to deliver a significant uplift in climate adaptation funding.
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- March 1 2026
War risk insurers cancel covers, raise prices for ships in Gulf and Strait of Hormuz: report
Insurance rates could rise by as much as 50% following Iran's retaliatory stirkes against US-Israel, meanwhile, cargo war-risk insurers are also preparing to issue cancellation notices on Monday.
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- March 1 2026
ICICI Lombard rating outlook revised to positive on strong balance sheet fundamentals: AM Best
Indian insurer’s balance sheet strength is expected to continue improving over the near to medium term, supported by robust capital generation and sound capital management, the rating agency said.
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- February 28 2026
Full Capacity: Gift City gold rush
This week's newsletter discusses an IAN exclusive, Gallagher Re's leadership change, Partner Re's Gift City entry, Hong Kong's ILS scheme, Steadfast's passing of the baton and the rush of entries into Gift City.
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- February 27 2026
Swiss Re P&C unit’s FY25 net income up 126% to US$2.7bn; cuts Asia book by 4% at 1.1
Reinsurer’s COR was 79.4%, with net income at a record high of US$4.8bn.
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- February 27 2026
Gallagher Re, Liberty Mutual, Steadfast, Everest, Marsh: 19 APAC insurance people moves of the week
Howden, QBE, WTW, Axa XL, JB Boda, Zurich Cover‑More, Aon, HDI Global, IAG, Britannia Group, Ansvar Insurance, LM Re, Lockton, Allied World, Gallagher and Singapore Reinsurers’ Association also made personnel changes over the last week.
