Line of business: Energy Page 6 / 9
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- October 6 2022
Howden Specialty hires Steven Garrod to bolster APAC natural resources team
The former Lockton exec will focus on renewables, downstream energy and construction lines.
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- September 29 2022
Axa XL charges up APAC, Europe energy team with Scor hire
Olivier Croese will join the Paris office as product leader for energy and construction.
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- September 9 2022
APAC renewables to generate US$59bn of premium by 2035: Swiss Re report
Property and casualty sector global real premiums will grow by around 2.7% in 2023.
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- August 23 2022
Marsh’s new hydrogen facility will place Asia risks
The collaboration with AIG and Liberty provides US$300m cover per risk for construction and start-up phases.
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- August 22 2022
Andrew Bicknell’s Singapore return boosts Clyde & Co’s energy and marine team
The move follows the promotion of city-based (re)insurance dispute resolution specialist Vanessa Lim.
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- August 9 2022
Underwriters remain selective over APAC renewables
Despite a rapidly growing opportunity in the region, capturing profit can be tough.
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- August 3 2022
APAC marine, aviation and transit GWP to hit US$16bn in 2026: GlobalData
The Regional Comprehensive Economic Partnership is set to help spur growth.
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- July 21 2022
Korean insurers draw coal criticism
Samsung F&M and Hyundai M&F under fire, but Kepco’s decision to exit coal signals change.
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- July 4 2022
Aon promotes Shepherdson and hires from BMS for APAC energy push
Melissa Shepherdson's energy and mining role expands as Richard Nunny returns to lead renewable energy.
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- July 4 2022
Korean wind projects worth US$264m GWP to insurers
Construction of 6GW of offshore wind presents risk challenges, but also an opportunity.
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- June 28 2022
Sompo makes coal underwriting pledge and joins Net-Zero Insurance Alliance
The insurer commits to ruling out underwriting and investment in certain coal companies by 2025.
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- June 24 2022
Lockton Australia poaches NSW energy construction head from Aon
Alistair Williams started at the global broker in Sydney this month.
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- June 23 2022
GIC Re to lead Indian pool for Russian imports: report
The reinsurer to take 40% with capacity alongside Indian insurers for fertiliser, oil and gas.
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- June 16 2022
WTW appoints co-heads of Asia natural resources team
Nicki Tilney and George Nassaouati to lead the team from next year.
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- May 18 2022
Petronas’ captive rating boosted by favourable COR: AM Best
Energas Insurance has has a five-year average combined operating ratio of 66%.
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- April 21 2022
Capacity remains strong for Asia’s renewable energy boom
Major Singapore and Indonesia solar project signed as insurers tested by new technologies in hardening market.
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- April 13 2022
Tokio Marine’s GCube opens Sydney office
The specialist insurer underwrites renewable energy products -- a fast-growing sector in APAC.
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- March 29 2022
Losses expected as Thai oil tanker explodes
The Ampar 8 was built in 2007 and is owned by Ayudhya Development Leasing.
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- March 24 2022
Howden Specialty hires former Marsh exec in Singapore
The new director will be focused on renewable energy, downstream energy and construction.
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- March 17 2022
AGCS targets 10% GWP growth in Asia: global CFO
The specialty player is exploring new partnerships in the region, says Claire-Marie Coste-Lepoutre.
