Line of business: Energy Page 1 / 10
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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 old 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.
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- July 1 2025
Chaucer hires Emily Brand as deputy class underwriter for energy in Singapore
Brand, who relocates from London, will be responsible for supporting the underwriting strategy for the Lloyd's carrier's energy business.
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- July 1 2025
Nuclear fusion is the next frontier for insurers, but collaboration essential amid sustainable energy push
China, alongside the UK, US, and Germany, are the leading nations in the global drive to create fusion power.
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- June 19 2025
Global MGA United Risk completes acquisition of Australia’s Pinnacle Underwriting
Regional CEO Hayden Smith says the deal for the specialty facultative reinsurance MGA 'puts United Risk squarely within the top five largest MGAs in the world'.
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- June 13 2025
HDI Global reshuffles APAC engineering team
Haris Michaels will relocate from Sydney to Singapore, with Stevan Bonic taking over as engineering underwriting manager for Australasia.
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- June 5 2025
With ‘no natural home’ for emerging risks, Gallagher seeks to offer sanctuary amid new energy transition
Broker’s head of energy transition, Ian Picton, says there are 12 different segments and various client topics around the risks faced amid the transition to new areas of energy.
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- June 4 2025
Chubb veteran Bilal Chohan joins Everest Insurance to ‘kick off’ risk engineering practice
Sydney-based Chohan will focus on property, energy, and construction portfolios covering local and international markets.
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- May 28 2025
Tokio Marine sets up green unit amid push for decarbonised society
Tokio Marine GX will build on the existing work of GCube, Tokio Marine's renewable energy-focused MGA.
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- May 20 2025
Gallagher India appoints Venu Matoory as oil, gas and petrochemical risk specialist
Mumbai-based Matoory will be driving growth in the specialised segment of crude, chemical, and gas tankers, using his on-ground experience as an ex-mariner.
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- May 15 2025
Underwriters recalibrate risk assessment as Asia cleantech leapfrogs
With insurers positioned to be key players in the transition, industry calls for ‘uniform approach’ yet differentiated APAC playbook.