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Allianz, AIG, Berkley Insurance Australia, Allianz Commercial: 8 APAC insurance people moves of the week
QBE, UIB, Sompo, NorthStandard and Huntington Advisory also made personnel changes over the last week.
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Exclusive: Blackstone acquires majority stake in India’s Ace Insurance Brokers
The deal, which values the broker at US$350-400m, has received regulatory approval from the IRDAI, according to sources
Exclusive: Blackstone acquires majority stake in India’s Ace Insurance Brokers
The deal, which values the broker at US$350-400m, has received regulatory approval from the IRDAI, according to sources
The deal, which values the broker at US$350-400m, has received regulatory approval from the IRDAI, according to sources
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UIB Asia Singapore’s CEO given expanded role to oversee Labuan operations
Francis Savari has been formally approved by the Labuan Financial Services Authority as principal officer of UIB Labuan.
UIB Asia Singapore’s CEO given expanded role to oversee Labuan operations
Francis Savari has been formally approved by the Labuan Financial Services Authority as principal officer of UIB Labuan.
Francis Savari has been formally approved by the Labuan Financial Services Authority as principal officer of UIB Labuan.
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Starr expands India presence with new Gift City branch
The new office will conduct both general and reinsurance business, marking an important step in strengthening Starr's commitment to the Indian market, according to the company.
Starr expands India presence with new Gift City branch
The new office will conduct both general and reinsurance business, marking an important step in strengthening Starr's commitment to the Indian market, according to the company.
The new office will conduct both general and reinsurance business, marking an important step in strengthening Starr's commitment to the Indian market, according to the company.
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Allianz Commercial’s Christian Sandric handed board role in management reshuffle
The insurer has created a new board structure as part of its commitment to deliver 'one face to market.'
Allianz Commercial’s Christian Sandric handed board role in management reshuffle
The insurer has created a new board structure as part of its commitment to deliver 'one face to market.'
The insurer has created a new board structure as part of its commitment to deliver 'one face to market.'
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Asia insurance rates fall for seventh straight quarter: Marsh
Property, casualty, finpro, and cyber lines all saw rate reductions amid strong insurer competition and evolving risk landscapes, according to Marsh’s Global Insurance Market Index.
Asia insurance rates fall for seventh straight quarter: Marsh
Property, casualty, finpro, and cyber lines all saw rate reductions amid strong insurer competition and evolving risk landscapes, according to Marsh’s Global Insurance Market Index.
Property, casualty, finpro, and cyber lines all saw rate reductions amid strong insurer competition and evolving risk landscapes, according to Marsh’s Global Insurance Market Index.
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Marble Re’s underwriting profitability remains solid: AM Best
AM Best has reaffirmed Marble Reinsurance Corporation’s A- (Excellent) rating with a stable outlook, citing strong capital adequacy and robust operating results.
Marble Re’s underwriting profitability remains solid: AM Best
AM Best has reaffirmed Marble Reinsurance Corporation’s A- (Excellent) rating with a stable outlook, citing strong capital adequacy and robust operating results.
AM Best has reaffirmed Marble Reinsurance Corporation’s A- (Excellent) rating with a stable outlook, citing strong capital adequacy and robust operating results.
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SBI General Insurance grows GWP by 10.7% in H1 FY26
The Indian insurer has continued its momentum in H1 FY26 thanks to 'consistent performance across key businesses.'
SBI General Insurance grows GWP by 10.7% in H1 FY26
The Indian insurer has continued its momentum in H1 FY26 thanks to 'consistent performance across key businesses.'
The Indian insurer has continued its momentum in H1 FY26 thanks to 'consistent performance across key businesses.'
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Allianz in pole position to buy Nib Holdings’ travel business: report
Besides Allianz, two other bidders are interested in Nib Holdings' travel insurance business, according to an AFR report.
Allianz in pole position to buy Nib Holdings’ travel business: report
Besides Allianz, two other bidders are interested in Nib Holdings' travel insurance business, according to an AFR report.
Besides Allianz, two other bidders are interested in Nib Holdings' travel insurance business, according to an AFR report.
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Pacific insurance rates drop 11% in Q3, led by property: Marsh
Globally, commercial insurance rates continued to soften in Q3 2025, with the Pacific region recording the steepest declines.
Pacific insurance rates drop 11% in Q3, led by property: Marsh
Globally, commercial insurance rates continued to soften in Q3 2025, with the Pacific region recording the steepest declines.
Globally, commercial insurance rates continued to soften in Q3 2025, with the Pacific region recording the steepest declines.
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IAG upgrades FY26 guidance following RACQ’s acquisition
The Australian insurer now expects GWP growth of approximately 10% in FY26, up from the original 'low-to-mid single digit' range.
IAG upgrades FY26 guidance following RACQ’s acquisition
The Australian insurer now expects GWP growth of approximately 10% in FY26, up from the original 'low-to-mid single digit' range.
The Australian insurer now expects GWP growth of approximately 10% in FY26, up from the original 'low-to-mid single digit' range.
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Ex-BMS head of international David Battman joins Huntington Advisory as partner
This appointment coincides with the opening of Huntington Advisory’s London office as part of its international expansion.
Ex-BMS head of international David Battman joins Huntington Advisory as partner
This appointment coincides with the opening of Huntington Advisory’s London office as part of its international expansion.
This appointment coincides with the opening of Huntington Advisory’s London office as part of its international expansion.
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London P&I Club opens representative office in Shanghai
The new office in Mainland China is led by Wenjia Gao and reflects the club's long term commitment to Asia, according to chairman John Lyras.
London P&I Club opens representative office in Shanghai
The new office in Mainland China is led by Wenjia Gao and reflects the club's long term commitment to Asia, according to chairman John Lyras.
The new office in Mainland China is led by Wenjia Gao and reflects the club's long term commitment to Asia, according to chairman John Lyras.
Popular posts:
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- Blackstone acquires majority stake in India’s Ace Insurance Brokers
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Cyber insurers face ‘rising tide’ of criminal activity
Being prepared and having a playbook that's readily available is key in the face of increasing volume and sophistication of cyber attacks, risk managers say.
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Australia’s proposed reinsurance overhaul to turbo-charge ILS sector
Changes would see a wide-ranging liberalisation of the reinsurance market, including an adjustment to reinstatement requirements, and a more light-touch approach.
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London market seeks global collaboration to address emerging risks
There is a continuous need to monitor and adapt to threats arising from geopolitical unrest, climate extremes, rapid advances in artificial intelligence, malicious cyber-attacks and litigation trends that outpace regulation, according to IUA's underwriting director.
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Cyber insurance more critical for smaller businesses than larger businesses: Coalition’s Wares
The best approach to mitigate cyber risks would be to 'buy cyber insurance' as breaches can be devastating for SMEs and can lead to business shutdowns.
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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Howden remains aggressive on Asia growth, with Japan, employee benefits as key priorities: Rohan Bhappu
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Markel Greater China targets double-digit growth, doubles down on marine, AI risks
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Japanese offshore wind a ‘big opportunity’ for (re)insurers: Tokio Marine
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‘We have to roll with the punches’: testing time for evolving renewable energy market, Tokio Marine GX’s Will Hiller says
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Mapfre Re targets billion-euro Asian GWP milestone: Javier Sánchez Cea
M&A
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Exclusive: Blackstone acquires majority stake in India’s Ace Insurance Brokers
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Allianz in pole position to buy Nib Holdings’ travel business: report
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IAG upgrades FY26 guidance following RACQ’s acquisition
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KKR, Quandratis Capital pick up minority stake in Peak Re
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Huntington Advisory ties up with France’s MGT Partners to enhance access to European (re)insurance market
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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UIB Asia Singapore’s CEO given expanded role to oversee Labuan operations
Francis Savari has been formally approved by the Labuan Financial Services Authority as principal officer of UIB Labuan.
-
Allianz Commercial’s Christian Sandric handed board role in management reshuffle
The insurer has created a new board structure as part of its commitment to deliver 'one face to market.'
-
Ex-BMS head of international David Battman joins Huntington Advisory as partner
This appointment coincides with the opening of Huntington Advisory’s London office as part of its international expansion.
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Gareth Edwards joins Berkley Insurance Australia as head of claims
Sydney-based Edwards, who most recently worked at JLT Public Sector, has over two decades of experience in claims.
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Sompo appoints Linda Ng as head of property & multi-lines for Singapore
Ng joins from MSIG Asia, where she served as vice president for reinsurance and claims underwriting, and will report to Li Lian Soong, Sompo's head of property for APAC.
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QBE promotes Chris Killourhy to group CFO
Killourhy replaces Inder Singh, who resigned in August to join National Australia Bank.
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NorthStandard elevates Michael Hustler as head of Asia Pacific
Singapore-based Hustler succeeds David Roberts, who will leave the club in February 2026.
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AIG promotes Jenny Boyd to APAC head of client and broker engagement
Boyd will retain her existing responsibilities as head of multinational APAC, a role she assumed in March last year.
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Allianz names Ritu Arora as India country head
Previously, Arora served as CEO and chief investment officer of Allianz Investment Management in Asia Pacific and India advisor to the Allianz SE Board.
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Marsh powers up risk engineering team in Asia with senior hire
Kumaren Gnanagurunathan has been appointed vice persident of power risk engineering in Asia.
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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.
Building resilience and mitigating risk in APAC's commercial property insurance market
Martin Au-Yeung, Vice President, Division Underwriting Manager at FM
Insurance broker market in Asia
Neelay Patel, Managing Director & Head of Growth, Asia at Aon
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