Line of business: Construction Page 1 / 6
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- December 8 2025
‘China Taiping good enough on its own’ after Wang Fuk Court fire, HKIA CEO Clement Cheung says
About 10,000 active life insurance policies from 35 insurers and 1,800 property policies from 35 insurers have been identified as having been issued to residents, he adds.
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- December 5 2025
Axa XL India snaps up Vishal Singh Rana as construction underwriter
Former civil and tunnel engineer previously worked for Prudent Insurance Brokers and Munich Re.
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- December 4 2025
30 Hong Kong insurers issued over 8,700 life, property policies to Wang Fuk Court residents: HKIA
Hong Kong Insurance Authority (HKIA) CEO Clement Cheung says the authority has set up a special task force, led by senior executives, following last week's deadly blaze.
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- November 28 2025
Wang Fuk Court: China Taiping confirms it provided coverage for all major insurance policies as death toll passes 120
Hong Kong insurer says it underwrote the construction works insurance, construction employee compensation insurance, owners' corporation third-party liability insurance, property insurance, and public liability insurance for the public housing estate, as first reported by IAN.
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- November 28 2025
Exclusive: Hong Kong housing estate fire property claim could top US$200m, with China Taiping the sole insurer
Hong Kong firm provides the master property insurance for the Wang Fuk Court housing estate, as well as contractors’ all-risk policy, including third-party liability, and employee compensation cover.
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- November 3 2025
Adharsh K Ramesh joins Aon’s regional construction and infrastructure team
He joins from WTW as an associate director, having also worked for Marsh McLennan.
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- October 22 2025
Exclusive: BHSI faces claim after Hong Kong’s Chinachem Tower fire
Willis is understood to be the broker, while Charles Taylor is the loss adjuster.
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- October 20 2025
Industry review, new corporate info drive Fitch upgrade for Construction Guarantee
While the rating agency expects CG’s capital strength to remain stable, COR rose to 126% in 2024 from 68% in 2022, driven by higher guarantee claims and additional reserves amid economic strain, high interest rates and rising construction costs.
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- October 6 2025
Aon builds out regional construction team with Miller hire
Global broker appoints Singapore-based Selinda Wu as a regional director for construction and infrastructure in Asia.
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- September 16 2025
‘Opportunity is always in China’: rapid industrial growth ups ante for (re)insurance market: Rare Earth’s Wei Wang
New energy storage, offshore wind power and overseas projects under the Belt and Road Initiative are key, the CEO of the (re)insurance broker told InsuranceAsia News' Between The Lines podcast.
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- September 12 2025
Lockton India taps Howden’s Hanmant Dudle as senior director for property and construction
He will be responsible for leading the practice and delivering bespoke insurance solutions.
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- September 8 2025
Aon appoints Nitish Tiwari as deputy vice president for India global solutions
He will be responsible for providing solutions and expertise for property, construction, power and infrastructure.
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- September 1 2025
Agile appoints Gordon McNab to lead construction build out
Appointment marks Australian MGA's expansion into contract works insurance with Lloyd's capacity.
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- August 4 2025
Howden ropes in Marsh’s Raymond Law to spearhead Hong Kong construction strategy
Law joins the broker as sales director will help shape construction practice in the SAR as it officially launches.
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- August 4 2025
Rhodian-backed Australian construction-focused MGA receives Lloyd’s coverholder status
Melbourne-based Scope Underwriting was co-founded by Nick Vernon and Rob Higginson in October.
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- August 4 2025
Willis appoints Azad Kumar as energy, construction, marine growth leader in India
Mumbai-based Kumar joins the broker from UIB Insurance Brokers, where he was head of energy.
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- July 28 2025
Construction Guarantee’s underwriting losses to continue for the short to medium term: AM Best
Korean insurer has reported two consecutive years of underwriting losses in 2023 and 2024, as well as another loss in H1 2025.
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- July 23 2025
Inflation, nat cats weigh on APAC construction, sparking underinsurance as regional infrastructure opportunities build
Insurers are enhancing risk modelling capabilities to keep pace with the rising frequency, while innovating on products to serve the evolving market.
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- July 16 2025
MSIG Asia snaps up Marsh’s Tijen Joshi for energy, power and construction role
Singapore-based Joshi spent the last two years at Marsh as a senior vice president for claims solutions.
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- July 2 2025
WTW elevates Mark Thompson as regional construction director for Asia
Thompson will be based in Hong Kong, having recently relocated from Sydney, where he previously held the role of broking director for construction across the Pacific region.
