Line of business: Energy Page 1 / 11
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- November 13 2025
Asia’s power sector must ‘pair smarts with discipline’ as capacity grows, rates soften
Benjamin Chang, managing director for energy and power leader for Marsh Asia, and Lyo Foo, head of power, natural resources Asia at WTW, talk to IAN about the latest developments within Asia’s power sector.
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- November 10 2025
HDI Global launches Middle East energy hub with John Morrell at the helm
The Dubai-based team, which has also added Shumaila Shakeel, will focus on generating new clients in the region while existing relationships will be managed by its Singapore hub.
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- November 10 2025
Marsh names Guy Bessis as power and energy chairman for India, the Middle East, and Africa
Dubai-based Bessis previously held the global head of sales for energy and power position for over 17 years.
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- October 17 2025
Marsh powers up risk engineering team in Asia with senior hire
Kumaren Gnanagurunathan has been appointed vice persident of power risk engineering in Asia.
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- October 15 2025
Gallagher Australia appoints Rafael Quijada as client manager for energy
Perth-based Quijada transitions to energy insurance after spending over two decades in the energy sector, most recently at Halliburton.
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- October 3 2025
Russian attacks in Ukraine underline precariousness of nuclear pools as gaps come to light
A nuclear energy revival and geopolitical challenges put the (re)insurance sector in focus.
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- October 2 2025
‘We have to roll with the punches’: testing time for evolving renewable energy market, Tokio Marine GX’s Will Hiller says
Underwriter also talks to InsuranceAsia News' Between the Lines podcast about nat cat risks and technology development following the launch of Tokio Marine Holdings' underwriting platform last month.
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- September 29 2025
Aon names Koachakorn Panyangam as power specialty director for Asia
Singapore-based Panyangam joins Aon Global Risk Consulting having previously spent over five years at FM.
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- September 23 2025
Marsh appoints Youn Wook (Cleo) Kang as senior client adviser for Asian power, energy specialty
Seoul-based Kang is a seasoned legal professional with deep experience in large-scale energy projects, project finance, and offshore wind, according to Benjamin Chang, Marsh's managing director and energy and power leader for 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 11 2025
Asia’s power sector attracts insurer appetite amid transition to clean energy, soft market: Willis
Insurers are offering more long-term agreements for buyers, with infrastructure hotspots such as Indonesia, Vietnam and the Philippines attracting capacity.
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- September 10 2025
Global offshore energy premiums declined 7.9% to US$4.34bn in 2024: IUMI
Reduction was most pronounced in the European market, while Japan, Malaysia, and Egypt reported stable-to-downward trends, the International Union of Marine Insurance (IUMI) reported at its annual conference in Singapore this week.
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- September 9 2025
Ray Wong joins Canopius’ energy team in Singapore
He joins from Lancashire Insurance as an energy underwriter, reporting to APAC head of energy and construction Johnny Kim.
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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 3 2025
Chinese insurers surge ahead in global renewable premium race
People’s Insurance Company of China, Ping An Insurance, and Yingda Taihe Property Insurance added over US$200m in new renewable energy premiums between 2023 and 2024, according to Insure Our Future.
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- September 3 2025
Tokio Marine launches green transition underwriting platform
Tokio Marine GX is a fully operational underwriting business offering up to US$500m of capacity on any single risk.
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- August 20 2025
APAC upstream market continues to navigate difficult conditions as double-digit rate reductions energise buyers
Increased underwriting capacity, limited catastrophic loss activity, and heightened competition among insurers suggest there is sustained downward pressure of 5-12.5% on premium rates.
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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 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 9 2025
Sedgwick appoints Muhammad Andriansyah as head of energy in Indonesia
Jakarta-based Andriansyah was most recently senior manager for energy and natural resources at Charles Taylor.
