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‘The buzz is back’: right time for Hong Kong to advance captives ambitions, Willis’ Steve Hutchinson says
Success of Hong Kong's captives regime will be underpinned by its ability to attract multinational corporations to the jurisdiction, the head of corporate risk and broking for Hong Kong and Macau told InsuranceAsia News.
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Maybank signs deal to acquire insurer Etiqa from Ageas by Friday
Agreement sees Ageas sell its 30.95% stake to its joint venture partner for US$1.2bn.
Maybank signs deal to acquire insurer Etiqa from Ageas by Friday
Agreement sees Ageas sell its 30.95% stake to its joint venture partner for US$1.2bn.
Agreement sees Ageas sell its 30.95% stake to its joint venture partner for US$1.2bn.
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China’s ‘rare’ US$9bn insurance sector recapitalisation enhances risk resilience: analysts
Ministry of Finance has announced a US$54bn plan to recapitalise the financial system to enhance its capital strength and boost economic growth.
China’s ‘rare’ US$9bn insurance sector recapitalisation enhances risk resilience: analysts
Ministry of Finance has announced a US$54bn plan to recapitalise the financial system to enhance its capital strength and boost economic growth.
Ministry of Finance has announced a US$54bn plan to recapitalise the financial system to enhance its capital strength and boost economic growth.
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Marsh’s Peter Sun joins Aviso Specialty as COO for schemes, affinity
Sydney-based Sun was previously Pacific COO for affinity at Marsh.
Marsh’s Peter Sun joins Aviso Specialty as COO for schemes, affinity
Sydney-based Sun was previously Pacific COO for affinity at Marsh.
Sydney-based Sun was previously Pacific COO for affinity at Marsh.
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Swiss Re promotes Iris Cheung to head of L&H reinsurance for Hong Kong, Taiwan
She succeeds Torben Swart, who was promoted to managing director and appointed head of technical and operational excellence for APAC, excluding China.
Swiss Re promotes Iris Cheung to head of L&H reinsurance for Hong Kong, Taiwan
She succeeds Torben Swart, who was promoted to managing director and appointed head of technical and operational excellence for APAC, excluding China.
She succeeds Torben Swart, who was promoted to managing director and appointed head of technical and operational excellence for APAC, excluding China.
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Patrick Chan joins Ardonagh-backed MDS Group as senior adviser for international development
Former managing director of Hong Kong-based Nova Insurance Group will support the Protuguese broker on business development in Iberia, Latin America and Africa.
Patrick Chan joins Ardonagh-backed MDS Group as senior adviser for international development
Former managing director of Hong Kong-based Nova Insurance Group will support the Protuguese broker on business development in Iberia, Latin America and Africa.
Former managing director of Hong Kong-based Nova Insurance Group will support the Protuguese broker on business development in Iberia, Latin America and Africa.
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Markel makes double promotion within Australia underwriting team
James Vlasveld and James Crawford earn promotions to senior underwriters.
Markel makes double promotion within Australia underwriting team
James Vlasveld and James Crawford earn promotions to senior underwriters.
James Vlasveld and James Crawford earn promotions to senior underwriters.
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Underwriter Rachel Godden swaps Chubb for cyber MGA Coalition Australia
She joins after over four years of underwriting experience at Chubb, where she was most recently a senior cyber and tech industry practices underwriter.
Underwriter Rachel Godden swaps Chubb for cyber MGA Coalition Australia
She joins after over four years of underwriting experience at Chubb, where she was most recently a senior cyber and tech industry practices underwriter.
She joins after over four years of underwriting experience at Chubb, where she was most recently a senior cyber and tech industry practices underwriter.
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Sompo adds Cedric Wong to Hong Kong financial lines team
Japanese insurer has been building out its financial lines team in Hong Kong.
Sompo adds Cedric Wong to Hong Kong financial lines team
Japanese insurer has been building out its financial lines team in Hong Kong.
Japanese insurer has been building out its financial lines team in Hong Kong.
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Hannover Re sees stable to softer APAC reinsurance rates in 2027
Reinsurer plans to make at least stable reinsurance capacities available for upcoming renewals, provided risk-adequate prices can be obtained.
Hannover Re sees stable to softer APAC reinsurance rates in 2027
Reinsurer plans to make at least stable reinsurance capacities available for upcoming renewals, provided risk-adequate prices can be obtained.
Reinsurer plans to make at least stable reinsurance capacities available for upcoming renewals, provided risk-adequate prices can be obtained.
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Data centre super cycle offers US$200bn premium opportunity, but fuels accumulation risk: Swiss Re
Investment in data centres and energy infrastructure is the biggest opportunity and risk for the insurance industry over the next four years, according to Swiss Re Institute.
Data centre super cycle offers US$200bn premium opportunity, but fuels accumulation risk: Swiss Re
Investment in data centres and energy infrastructure is the biggest opportunity and risk for the insurance industry over the next four years, according to Swiss Re Institute.
Investment in data centres and energy infrastructure is the biggest opportunity and risk for the insurance industry over the next four years, according to Swiss Re Institute.
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Charles Taylor elevates Andrew Milne to Australia managing director
He steps up from his role as director of natural resources, a position he has held since 2024, following the departure of Mark Thompson.
Charles Taylor elevates Andrew Milne to Australia managing director
He steps up from his role as director of natural resources, a position he has held since 2024, following the departure of Mark Thompson.
He steps up from his role as director of natural resources, a position he has held since 2024, following the departure of Mark Thompson.
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China announces US$9bn recapitalisation plan for state-owned insurers
China Life and China Taiping will receive direct capital injections from the Ministry of Finance, while PICC and China Re will raise funds through a share sale to the ministry.
China announces US$9bn recapitalisation plan for state-owned insurers
China Life and China Taiping will receive direct capital injections from the Ministry of Finance, while PICC and China Re will raise funds through a share sale to the ministry.
China Life and China Taiping will receive direct capital injections from the Ministry of Finance, while PICC and China Re will raise funds through a share sale to the ministry.
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Reinsurers dig in on terms, conditions as rate softening looms
Moody’s maintains its stable outlook for the sector, while Fitch maintains its 'deteriorating' outlook.
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‘Rate reductions are the fuel, not the finish line’, Gallagher Re’s Lippmann says
Speaking ahead of Rendez-Vous de Septembre, which starts on Saturday in Monaco, the global head of property says buyers are benefitting from the strongest negotiating position in more than a decade.
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‘Asia is no exception’: record capital to fuel reinsurer M&A surge
Laurent Rousseau, CEO of global capital and advisory, Europe and India, Middle East and Africa at Marsh Re, says Northeast Asia could be a driver of consolidation, while Australia will play a big role.
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Has the market learned its lesson? Questions remain over P&C reserve adequacy as ratings continue to deteriorate
A quarter-century after Independent Insurance’s collapse, P&C reserve adequacy is back in focus as rates fall and capital questions mount.
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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‘Good times’ for India’s reinsurance buyers despite rising El Nino climate risk: Edme’s Vinod Krishnan
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‘Ripe for real growth’: Lloyd’s insurer Aegis making Asia Pacific cyber moves
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‘Challenges are opportunities’: IUMI president-elect urges insurers to play a larger role in supporting maritime resilience
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Supply outstripping demand, but El Nino, Middle East headwinds could shift market: Guy Carpenter’s Tony Gallagher
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BP Marsh homes in on ‘tremendous opportunities’ in APAC insurance distribution niche
M&A
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Maybank signs deal to acquire insurer Etiqa from Ageas by Friday
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MS&AD eyeing European reinsurance broking market entry: report
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Samsung Fire & Marine prepares to take control of Canopius: report
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‘Asia is no exception’: record capital to fuel reinsurer M&A surge
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QBE completes sale of trade credit and surety business to Swiss Re CorSo
ESG
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Lloyd’s looks for new way to meet diversity challenge after scrapping Dive In festival after 12 years
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Swiss Re faces activist scrutiny for underwriting new LNG terminals, CEO defends ‘very robust’ ESG framework
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QBE hands Mandy Chan expanded role as head of operational power generation, ESG for Asia
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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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To stay relevant, insurers should engage caregivers earlier with solutions that combine protection, navigation support, and preventative planning.
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Asia's subsea industry is expanding and evolving rapidly, with the growing use of technology across the region changing the way risks are be assessed.
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Marsh’s Peter Sun joins Aviso Specialty as COO for schemes, affinity
Sydney-based Sun was previously Pacific COO for affinity at Marsh.
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Swiss Re promotes Iris Cheung to head of L&H reinsurance for Hong Kong, Taiwan
She succeeds Torben Swart, who was promoted to managing director and appointed head of technical and operational excellence for APAC, excluding China.
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Patrick Chan joins Ardonagh-backed MDS Group as senior adviser for international development
Former managing director of Hong Kong-based Nova Insurance Group will support the Protuguese broker on business development in Iberia, Latin America and Africa.
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Markel makes double promotion within Australia underwriting team
James Vlasveld and James Crawford earn promotions to senior underwriters.
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Underwriter Rachel Godden swaps Chubb for cyber MGA Coalition Australia
She joins after over four years of underwriting experience at Chubb, where she was most recently a senior cyber and tech industry practices underwriter.
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Sompo adds Cedric Wong to Hong Kong financial lines team
Japanese insurer has been building out its financial lines team in Hong Kong.
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Charles Taylor elevates Andrew Milne to Australia managing director
He steps up from his role as director of natural resources, a position he has held since 2024, following the departure of Mark Thompson.
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Gallagher Re Asia Pacific ex-chair Mark Morley joins XS Global treaty team
Morley joins his former colleague Mark O'Brien to develop and expand XS Global’s treaty proposition and portfolio across Asia.
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Chubb names Samsung Fire veteran Il-Pyung Kim South Korea CEO
Outgoing CEO Janice Mo will step into the role of head of commercial P&C for South Korea.
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Laurent Rousseau appointed Marsh Re’s head of international
London-based Rousseau will lead Marsh Re’s Asia, Pacific, Latin America and Caribbean regions in addition to Europe and IMEA, while also continuing to lead capital and advisory globally.
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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 GWP growth stalls at US$1.2bn in 2025, but underwriting gain soars 24%
Monetary Authority of Singapore filings show premium growth flatlined after a 17% jump the year before, even as it posted stronger underwriting gains and a 10% increase in net profit.
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US$100bn cat bond market ‘in reach’ as 2026 heads for record issuance: Gallagher Re
Strong demand from investors for new perils and for risk from underrepresented regions such as Asia Pacific, according to Jason Bolding, CEO of Gallagher Securities.
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Insurance seen as ‘genuine tipping point’ for Asia’s first major carbon capture, storage hubs
Consortium identifies India, Indonesia, Malaysia, and Australia as potential storage sites across the Asia Pacific, but insurers warn projects may not secure financing without long-term risk cover.
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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.
‘Right time for Hong Kong to push captive ambition’: Willis’ Steve Hutchinson
Steve Hutchinson, head of corporate risk and broking for Hong Kong and Macau at Willis, tells InsuranceAsia News about the ongoing evolution of Hong Kong’s captives regime and how multinational corporations are adapting their risk management strategies.
Supply outstripping demand, but headwinds could shift market: Guy Carpenter’s Tony Gallagher
Tony Gallagher, CEO of Asia Pacific at Guy Carpenter, speaks to InsuranceAsia News about the ongoing reinsurance market softening and the forces shaping loss activity and reinsurance buying in the region.
Risk management: "Adequate liability limits are therefore an essential component of risk management for high-hazard operations."
Marc Burban, Asian Risks Management Services