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  • Property & Casualty
  • Published 10 Feb 2026

Rising deal momentum tests Asia’s W&I market sustainability

With M&A activity in APAC showing signs of recovery and resilience into 2026, especially in the likes of India, China, Japan and across Southeast Asia, demand for W&I insurance is expected to stay robust and insurers are keen to support clients with competitive pricing and favorable terms and conditions.

However, beneath this positive outlook lie several critical considerations. This report will therefore delve into the current state of W&I market in APAC, including its evolving claims environment, coverage options, challenges around localisation, and other key insights from brokers and underwriters:

• Haoren Fu, head of transactional risk Asia at Marsh
• Hui Ling Wong, director for M&A at Howden
• Martijn de Lange, former managing director for private equity, M&A, and tax at BMS
• William Lewis, head of APAC at Liberty Global Transaction Solutions
• Steve Harwood, managing partner for APAC M&A at Fusion Specialty
• Alice Ho, managing director and head of APAC at Euclid Transactional
• Angus Marshall, head of transaction liability and managing director of Europe at CFC
• Terence Montgomery, former head of APAC M&A at Willis
• Adrian Chai, former head of transaction solutions for Asia at Aon

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