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- May 29 2025
With delays becoming the new norm for Asia’s cargo market, intensifying risk aggregation threatens capacity
Data shows port congestion issues have significantly worsened, forcing underwriters to rethink their strategies.
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- May 28 2025
With Australia, India and China inundated by record floods, voices swell to rewrite the nat cat lexicon
Floods in Australia have been widely described as a one-in-500-year event, but such categorisations are now being seen as harmful to the insurance industry.
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- May 27 2025
Time to bite the bullet on IFRS 17? Implementation issues still abound in Asia
Despite being formally introduced in several countries in 2023, a number of players in the Asian market continue to struggle with the adoption of new reporting standards, Aon's managing director and APAC head of finance consulting David Mbatha says.
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- May 26 2025
Scale, complexity of NSW floods prompt further scrutiny of climate risk models
Loss adjusters expect a high volume of diverse claims from the 'one-in-500-year' event across the Mid North Coast and Hunter regions of New South Wales in Australia.
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- May 22 2025
Clear resilience playbook, new DNA needed as climate challenge grows: Marsh’s Beverley Adams
Head of climate and catastrophe resilience tells InsuranceAsia News that as businesses, including in Asia Pacific, transition to a low-carbon future, insurers are increasingly being asked to play a part in the finance and risk management of projects.
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- May 21 2025
Japanese insurance groups lean on overseas arms to post record results
The country's big three insurers reported a mixed bag of domestic results, but international businesses posted strong growth.
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- May 19 2025
Blunt warning for Lloyd’s syndicates from incoming CEO, market urged to avoid ‘travesty’
With 15 Asian service companies in Singapore, Patrick Tiernan urges self-diagnose amid a fragile market, while CUO Rachel Turk warns of a 'critical junction'.
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- May 16 2025
Has Australia found the roadmap to reduce uninsurability risks? Cat bills underscore need to build on public intervention
Australian Reinsurance Pool Corporation absorbed much of losses from ex-Tropical Cyclone Alfred and has helped drive down premiums for high-risk properties.
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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.
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- May 14 2025
Munich Re, Hannover Re report Asia growth despite falling rates
LA wildfires losses impact Q1 results, with Munich Re reporting US$1.2bn losses, while Hannover Re's costs top US$700m.
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- May 12 2025
Green transition to test industry’s relevance as debate intensifies, LMA’s Paul Davenport says
Lloyd’s Market Association finance and risk director made the comments after it had been suggested that insurers have often been seen as 'going missing in action' when it came to the structure of green finance for projects.
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- May 2 2025
‘Good opportunities’ for commercial underwriters as Japan’s space ambition soars to new heights
Honda’s renewable energy tie-up with Japan's national air and space agency could present enticing opportunities for the niche space insurance market, according to observers.
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- April 30 2025
MIA no longer an excuse: time for insurers to create vintage blended solution to aid green finance
Leading climate experts have urged insurers to play a role in driving green finance and investments by supporting the risks of the new technology that will power the world’s energy future.
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- April 29 2025
‘Time to act is now’: known unknowns pose real risk to renewable energy future
Growing number of green energy projects in Australia are facing ever more extreme weather risks, with insurers unable to access data and modelling to adequately understand their exposures.
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- April 28 2025
Skuld CEO calls for inclusive approach to secure level playing field for ship owners
Stale Hansen discusses India's P&I ambitions, following in China's wake, and the high-stakes challenges of growing dark fleet.
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- April 24 2025
Asia port accumulation risks resurface as Trump’s trade war continues
Potential slowing down of trade between China and the US puts the region's container ports back in the spotlight.
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- April 22 2025
US$1.5bn Bybit hack offers ‘a profound wake-up call’ for nascent Asian crypto insurance market
Short-term capacity contraction and premium increases of up to 50% expected as sector is set to recalibrate.
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- April 16 2025
A month in, Australian insurers face ‘a lot of work’ adapting to FAR’s increased accountability
Financial Accountability Regime (FAR) requires insurers to map their organisations, responsibilities, and remuneration structure, while the upcoming merger control reforms aim to protect competition in the market.
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- April 15 2025
Emerging ‘silent AI’ risk on underwriters’ minds, poised to trigger finpro liability claims
As businesses increasingly integrate AI technologies, insurers face the challenge of unintentional coverage gaps, reminiscent of ‘silent cyber’.
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- April 14 2025
‘Unsurprising trend’ as product recall market goes from strength to strength amid global supply chain complexity
Pricing is relatively stable on a risk-adjusted basis in APAC due to new market entrants and capacity from London, sources told InsuranceAsia News.