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1.1 renewals steady despite delays as excess capacity drives softer pricing across APAC
Reinsurers and brokers report competitive pricing, stable terms, and selective loss impacts, with abundant capacity reshaping negotiations and, in some cases, cedents pushing for up to 20% rate reductions.
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Kiwi broker Donaldson Brown elevates Racheal Greer to GM for fire and general
Auckland-based Greer assumes day-to-day leadership of the division, with founders Alex Brown and Dan Donaldson continuing to focus on the broader strategic direction of the group.
Kiwi broker Donaldson Brown elevates Racheal Greer to GM for fire and general
Auckland-based Greer assumes day-to-day leadership of the division, with founders Alex Brown and Dan Donaldson continuing to focus on the broader strategic direction of the group.
Auckland-based Greer assumes day-to-day leadership of the division, with founders Alex Brown and Dan Donaldson continuing to focus on the broader strategic direction of the group.
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Marsh promotes Pin Li Lim to senior vice president
The Asia claims leader for transactional risk has been with Marsh in Singapore for more than seven years.
Marsh promotes Pin Li Lim to senior vice president
The Asia claims leader for transactional risk has been with Marsh in Singapore for more than seven years.
The Asia claims leader for transactional risk has been with Marsh in Singapore for more than seven years.
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Wang Fuk Court fire insurance payouts exceed US$33m: HKIA
General insurers have processed 1,038 clams with total payout of around US$26m in the three weeks since the fire, the regulator said.
Wang Fuk Court fire insurance payouts exceed US$33m: HKIA
General insurers have processed 1,038 clams with total payout of around US$26m in the three weeks since the fire, the regulator said.
General insurers have processed 1,038 clams with total payout of around US$26m in the three weeks since the fire, the regulator said.
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Allianz Australia appoints Gallagher Re’s Heather Bone as head of reinsurance
Bone will take over from industry veteran Michael Crouch, who is retiring at the end of July 2026, the insurer told IAN.
Allianz Australia appoints Gallagher Re’s Heather Bone as head of reinsurance
Bone will take over from industry veteran Michael Crouch, who is retiring at the end of July 2026, the insurer told IAN.
Bone will take over from industry veteran Michael Crouch, who is retiring at the end of July 2026, the insurer told IAN.
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Full Capacity: The year that was
This week's newsletter discusses an IAN exclusive, Chubb's leadership switch, India's FDI increase for insurers, Vietnam's regulatory changes, Swiss Re Institute's nat cat analysis, the launch of a new APAC MGA and a 2025 round-up.
Full Capacity: The year that was
This week's newsletter discusses an IAN exclusive, Chubb's leadership switch, India's FDI increase for insurers, Vietnam's regulatory changes, Swiss Re Institute's nat cat analysis, the launch of a new APAC MGA and a 2025 round-up.
This week's newsletter discusses an IAN exclusive, Chubb's leadership switch, India's FDI increase for insurers, Vietnam's regulatory changes, Swiss Re Institute's nat cat analysis, the launch of a new APAC MGA and a 2025 round-up.
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Low premium retention, capacity gaps challenge Asean insurers’ resilience and growth: Malaysian Re
Threat of large correlated losses across markets, coupled with limited surplus capital, curbs local insurers’ willingness to retain risk, Asean Insurance Pulse 2025 says.
Low premium retention, capacity gaps challenge Asean insurers’ resilience and growth: Malaysian Re
Threat of large correlated losses across markets, coupled with limited surplus capital, curbs local insurers’ willingness to retain risk, Asean Insurance Pulse 2025 says.
Threat of large correlated losses across markets, coupled with limited surplus capital, curbs local insurers’ willingness to retain risk, Asean Insurance Pulse 2025 says.
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Chubb, AIG, Aon, Howden, MG Geraghty: 15 APAC insurance people moves of the week
Helvetia, BHSI, Sedgwick, QBE, Sompo, Allianz Commercial, Dual, Coface, Berkley Insurance Asia, Markel and bolttech also made personnel changes over the last week.
Chubb, AIG, Aon, Howden, MG Geraghty: 15 APAC insurance people moves of the week
Helvetia, BHSI, Sedgwick, QBE, Sompo, Allianz Commercial, Dual, Coface, Berkley Insurance Asia, Markel and bolttech also made personnel changes over the last week.
Helvetia, BHSI, Sedgwick, QBE, Sompo, Allianz Commercial, Dual, Coface, Berkley Insurance Asia, Markel and bolttech also made personnel changes over the last week.
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Cyber, supply chain risks are reshaping Japan’s business landscape: Aon
Aon’s 2025 Global Risk Management Survey highlights product liability and exchange rate fluctuations as key concerns, reflecting the country’s sensitivity to global market shifts.
Cyber, supply chain risks are reshaping Japan’s business landscape: Aon
Aon’s 2025 Global Risk Management Survey highlights product liability and exchange rate fluctuations as key concerns, reflecting the country’s sensitivity to global market shifts.
Aon’s 2025 Global Risk Management Survey highlights product liability and exchange rate fluctuations as key concerns, reflecting the country’s sensitivity to global market shifts.
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IFRS 17 timeline ‘question mark’ remains for India, Aon says
Anthony Atkins, APAC head of actuarial, says the Indian market has been 'quite slow in terms of its IFRS journey', with the deadline reported to have been extended until FY27.
IFRS 17 timeline ‘question mark’ remains for India, Aon says
Anthony Atkins, APAC head of actuarial, says the Indian market has been 'quite slow in terms of its IFRS journey', with the deadline reported to have been extended until FY27.
Anthony Atkins, APAC head of actuarial, says the Indian market has been 'quite slow in terms of its IFRS journey', with the deadline reported to have been extended until FY27.
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Joshua Lynch named executive director at Hong Kong-based MG Geraghty Insurance Brokers
Lynch had departed Generali in September to 'embark on a new opportunity'.
Joshua Lynch named executive director at Hong Kong-based MG Geraghty Insurance Brokers
Lynch had departed Generali in September to 'embark on a new opportunity'.
Lynch had departed Generali in September to 'embark on a new opportunity'.
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Hong Kong non-life carriers show sustained underwriting profitability: AM Best
Industry reported US$13bn in GWP and US$1bn in underwriting profit in 2024.
Hong Kong non-life carriers show sustained underwriting profitability: AM Best
Industry reported US$13bn in GWP and US$1bn in underwriting profit in 2024.
Industry reported US$13bn in GWP and US$1bn in underwriting profit in 2024.
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Exclusive: Marsh’s Pal Tang to rejoin Aon with Asian finpro role
Hong Kong-based Tang is set to assume his new role on Monday.
Exclusive: Marsh’s Pal Tang to rejoin Aon with Asian finpro role
Hong Kong-based Tang is set to assume his new role on Monday.
Hong Kong-based Tang is set to assume his new role on Monday.
Popular posts:
- Chubb appoints Chris Colahan as head of APAC commercial property and casualty
- AIG hires Everest’s Scott Leney as APAC regional president, succeeding Chris Colahan
- Hong Kong to ‘anchor’ Sun Life’s APAC growth push after fantastic 2025: Manjit Singh
- Everest’s Adam Clifford rejoins AIG as CEO for international commercial insurance
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AI can offset carbon risk gaps for insurers, with APAC at the forefront
Carbon offset platform market industry value has been put at US$190.7bn, but that figure is forecast to grow to US$1.6trn in the next decade.
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Rise of zombie companies, supply chain nerves propel demand for trade credit insurance
Asia is set to be the largest contributor to insolvency increases accounting for half of the global rise in 2025, Allianz Trade’s Hassan Omaish says.
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‘Humming’ India to be priority for insurers in 2026 amid market reforms, GDP growth
Move to allow 100% foreign ownership of insurance companies, and rapid economic growth, will drive a wave of dealmaking.
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P&I clubs all at sea ahead of renewals as they seek to navigate new claims normal
International Group of P&I Clubs are eyeing premium increases ranging from 4-8% in February's renewals.
Between The Lines
A fortnightly podcast that unpacks the pivotal stories and trends shaping the (re)insurance industry across Asia Pacific.
Spotlight
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Hong Kong to ‘anchor’ Sun Life’s APAC growth push after fantastic 2025: Manjit Singh
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‘Enabling, not disrupting’: bolttech’s data-driven push to close the global protection gap
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Descartes shakes things up with Japan earthquake launch, treaty parametric push to drive APAC growth
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HDI Global eyes ‘one-stop shop’ with further hires, product launches in Southeast Asia
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Not resting on their laurels, people-powered Miller eyes seat at South Korea’s top table
M&A
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Howden expands Australia footprint with CorpSure Cairns acquisition
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Aon’s Blossom Lim joins Howden as senior director for M&A in Asia
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‘Humming’ India to be priority for insurers in 2026 amid market reforms, GDP growth
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India’s cabinet approves 100% FDI for insurance companies
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ACCC opposes IAG’s deal for RAC Insurance
ESG
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Carbon credit specialist Oka launches in Singapore
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‘You can’t do it as a hobby’: ESG must be a clear business model with easily measurable targets
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Carbon specialist Kita expands into Australia
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Maritime decarbonisation efforts need liability certainty to stay on course amid ‘pressing challenge’
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With Donald Trump’s ESG curveball, what’s the outlook for APAC liability coverage?
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Cybersecurity is no longer just an IT concern, but a governance issue that belongs on the boardroom agenda.
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Insurance industry needs to recalibrate, invest in innovation and strengthen systems, talent and data practices.
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Kiwi broker Donaldson Brown elevates Racheal Greer to GM for fire and general
Auckland-based Greer assumes day-to-day leadership of the division, with founders Alex Brown and Dan Donaldson continuing to focus on the broader strategic direction of the group.
-
Marsh promotes Pin Li Lim to senior vice president
The Asia claims leader for transactional risk has been with Marsh in Singapore for more than seven years.
-
Allianz Australia appoints Gallagher Re’s Heather Bone as head of reinsurance
Bone will take over from industry veteran Michael Crouch, who is retiring at the end of July 2026, the insurer told IAN.
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Joshua Lynch named executive director at Hong Kong-based MG Geraghty Insurance Brokers
Lynch had departed Generali in September to 'embark on a new opportunity'.
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Exclusive: Marsh’s Pal Tang to rejoin Aon with Asian finpro role
Hong Kong-based Tang is set to assume his new role on Monday.
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Coface appoints Marsinta Marpaung as Indonesia country manager
Jakarta-based Marpaung, who joined the insurer in September 2024 as business leader for Indonesia, will report to APAC CEO Hugh Burke.
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Aon’s Blossom Lim joins Howden as senior director for M&A in Asia
Singapore-based Lim spent over seven years at Aon in Beijing, Shanghai and Singapore.
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bolttech promotes Jemma Delacruz to Philippines general manager
She has been with the Global insurtech for nine years, most recently as senior key account manager.
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Reed Rohijas rejoins AIG as APAC network partner relationship manager
Kuala Lumpur-based Rohijas, who previously spent over five years at the insurer, recently completed his master's degree in economics.
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Howden bolsters tax team with hire of Marsh’s Eugene Lim as Asia head
Singapore-based Lim will lead the broker’s tax advisory and insurance capabilities across the region.
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W&I: "W&I is now being utilised with increasing frequency across a far broader range of deal sizes and geographies in the region. Coverage terms have broadened, retentions have fallen, and underwriting processes are being continually refined to become increasingly streamlined."
Keshaya Yap, Liberty Global Transaction Solutions
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Nuclear: "The insurance sector is poised to play a central and enabling role in Asia’s nuclear expansion. As countries in the region move from exploration to active planning and construction – especially with a focus on SMRs – they will require innovative risk transfer solutions."
Clifford Blayney, Markel International
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Lloyd’s Asia surpasses US$1bn GWP milestone in 2024 amid double-digit growth
Offshore fund demonstrates strong performance despite challenges in the Singapore unit and varied underwriting results across business lines.
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Hong Kong’s P&C reinsurance market narrows gap with Singapore
Hong Kong benefitted from RBC implementation in 2024, however, Singapore retained top spot in terms of GWP and underwriting results.
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Short-tail performance boost for Australia’s P&C carriers
APRA data shows general insurance COR improves in Q4 2024, while profit after tax almost doubles to US$1bn.
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Australian intermediated premiums grow 8.2% in 2023-24
While the GWP placed with Lloyd’s in the 12 months grew at a comparable pace, business placed with unauthorised foreign insurers declined marginally.
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Alternative risk solutions on the table for non-modelled perils at 1.1 renewals
The APAC reinsurance market is transitioning from a market of corrections to a market of solutions, Tony Gallagher, CEO, Asia Pacific, Guy Carpenter tells InsuranceAsia News.
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Hong Kong premium growth and claim frequency are converging to normal level: HKIA
According to 2023 data from the regulator, the SAR's general insurance business reported the worst overall loss ratio in five years at 62.8%, while COR sank to a near five-year low after an 8.3 percentage point deterioration year-on-year.
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APAC 2023 marine premiums up 7.5% as global trade recovery drives cargo insurance growth
While the upswing in trade is expected to help premium growth and and the overall claims impact remained stable, uncertainty posed by geopolitical tensions and regional economic outlook could impact the sector.
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Australian underwriters incur 23% lower public liability claims in 2023
Lloyd's public liability claims doubled and PI claims went up 13 times in the country in the last year while other insurers' PI claims were 9% higher year-on-year across all states, according to the 2023 claims data released by the Australian Prudential Regulation Authority.
Cyber insurance has a long way to go to reach next level, says WTW’s Carlos Grijalva, amid soaring demand in Asia
Carlos Grijalva, cyber leader for Hong Kong and greater China at WTW, talks to InsuranceAsia News about the development of the cyber market in Asia.
Building resilience, mitigating risk in APAC’s commercial property insurance market
Martin Au-Yeung, vice president and division underwriting manager at FM, talks to InsuranceAsia News.
Marine: "Post-pandemic machinery-related losses have become an even more significant issue. Mechanical failures can undermine vessel safety, operational integrity, regulatory compliance, reputation, and even financial stability."
Bo Yu, Markel