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‘Asia is an active strategic focus’: Fidelis aims to bulk up property treaty, specialty lines
The Fidelis Partnership is targeting greater proximity and deeper local broker relationships in a region it sees as being an 'attractive market for decades to come', deputy chairman Charles Mathias tells InsuranceAsia News.
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Willis appoints Cheryl Lee as finex leader for Singapore
Lee will oversee the day-to-day management of the Singapore finex business, and will report to Albert Andrew, head of finex for Southeast Asia.
Willis appoints Cheryl Lee as finex leader for Singapore
Lee will oversee the day-to-day management of the Singapore finex business, and will report to Albert Andrew, head of finex for Southeast Asia.
Lee will oversee the day-to-day management of the Singapore finex business, and will report to Albert Andrew, head of finex for Southeast Asia.
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QBE names Johnny Suen as Hong Kong property head
Suen will lead QBE's property underwriting in Hong Kong, with oversight of property risks across Macau, Taiwan and Mainland China (wholesale).
QBE names Johnny Suen as Hong Kong property head
Suen will lead QBE's property underwriting in Hong Kong, with oversight of property risks across Macau, Taiwan and Mainland China (wholesale).
Suen will lead QBE's property underwriting in Hong Kong, with oversight of property risks across Macau, Taiwan and Mainland China (wholesale).
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AIG promotes veteran Tilden Goh to APAC head of energy
Singapore-based Goh brings more than 32 years of underwriting experience and a strong track record of leadership across complex energy portfolios.
AIG promotes veteran Tilden Goh to APAC head of energy
Singapore-based Goh brings more than 32 years of underwriting experience and a strong track record of leadership across complex energy portfolios.
Singapore-based Goh brings more than 32 years of underwriting experience and a strong track record of leadership across complex energy portfolios.
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Zurich New Zealand hires Alan James as head of distribution
He joins from AIG, where he spent 17 years holding roles in London, Singapore and Auckland.
Zurich New Zealand hires Alan James as head of distribution
He joins from AIG, where he spent 17 years holding roles in London, Singapore and Auckland.
He joins from AIG, where he spent 17 years holding roles in London, Singapore and Auckland.
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Amiga Specialty secures Lloyd’s capacity for new Southeast Asia-led yachts division
Managing director for yachts Jason Stephenson will spend time in Hong Kong at key points during the trading year as the business develops its presence in the region.
Amiga Specialty secures Lloyd’s capacity for new Southeast Asia-led yachts division
Managing director for yachts Jason Stephenson will spend time in Hong Kong at key points during the trading year as the business develops its presence in the region.
Managing director for yachts Jason Stephenson will spend time in Hong Kong at key points during the trading year as the business develops its presence in the region.
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Niyam Group appoints Ruchi Sheth as director for marine, energy
She has over two decades of experience in general insurance, and was most recently vice president for marine insurance at Tata AIG General Insurance.
Niyam Group appoints Ruchi Sheth as director for marine, energy
She has over two decades of experience in general insurance, and was most recently vice president for marine insurance at Tata AIG General Insurance.
She has over two decades of experience in general insurance, and was most recently vice president for marine insurance at Tata AIG General Insurance.
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Hyundai Marine & Fire Insurance to expand into Europe, Southeast Asia: report
South Korean insurers have been actively pursuing overseas expansion in various regions as domestic growth stalls.
Hyundai Marine & Fire Insurance to expand into Europe, Southeast Asia: report
South Korean insurers have been actively pursuing overseas expansion in various regions as domestic growth stalls.
South Korean insurers have been actively pursuing overseas expansion in various regions as domestic growth stalls.
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(Re)insurers face rising threat of claims inflation from Middle East conflict: Morningstar DBRS
Direct losses have been contained for the P&C and specialty insurance industry, the global credit rating agency says.
(Re)insurers face rising threat of claims inflation from Middle East conflict: Morningstar DBRS
Direct losses have been contained for the P&C and specialty insurance industry, the global credit rating agency says.
Direct losses have been contained for the P&C and specialty insurance industry, the global credit rating agency says.
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South Korean financial regulator approves Lotte’s management improvement plan: reports
Korean insurer must implement its plan for 18 months, with the Financial Services Commission and Financial Supervisory Service monitoring the progress.
South Korean financial regulator approves Lotte’s management improvement plan: reports
Korean insurer must implement its plan for 18 months, with the Financial Services Commission and Financial Supervisory Service monitoring the progress.
Korean insurer must implement its plan for 18 months, with the Financial Services Commission and Financial Supervisory Service monitoring the progress.
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Deutsche Rück flags Myanmar earthquake as biggest loss in 2025 as profits jump 45%
German reinsurer posts strong premium growth and improved underwriting, with international expansion underpinning strong outlook.
Deutsche Rück flags Myanmar earthquake as biggest loss in 2025 as profits jump 45%
German reinsurer posts strong premium growth and improved underwriting, with international expansion underpinning strong outlook.
German reinsurer posts strong premium growth and improved underwriting, with international expansion underpinning strong outlook.
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Michael Hannigan returns to AIG in Australia
He begins a second stint following over two years at Berkshire Hathaway Specialty Insurance.
Michael Hannigan returns to AIG in Australia
He begins a second stint following over two years at Berkshire Hathaway Specialty Insurance.
He begins a second stint following over two years at Berkshire Hathaway Specialty Insurance.
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Insured losses from late-November storms in Australia trimmed: Perils
Personal lines property losses represent 67% of the loss, while commercial lines property losses represent 21% and motor losses 12%.
Insured losses from late-November storms in Australia trimmed: Perils
Personal lines property losses represent 67% of the loss, while commercial lines property losses represent 21% and motor losses 12%.
Personal lines property losses represent 67% of the loss, while commercial lines property losses represent 21% and motor losses 12%.
Popular posts:
- Zurich’s US$11bn Beazley deal draws Australian antitrust scrutiny over ‘competitive overlap’
- Gallagher Re confirms Carlos Grijalva as APAC head of cyber
- Beyond the canvas: APAC fine art and specie insurance boom fuelled by rising risks, shifting wealth patterns
- ‘We get Asia, we’re committed, we’re long term’: Miller charts selective growth in Japan, South Korea, and beyond
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‘Pronounced softening’ at Florida renewals bodes well for APAC insureds, but long-term risks are building
Double-digit price cuts at the June 1 Florida renewals point to near-term relief for APAC cedents, yet rising coastal exposure and inflation-driven construction costs warn that rating adequacy remains a longer-term challenge.
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Beyond the canvas: APAC fine art and specie insurance boom fuelled by rising risks, shifting wealth patterns
Industry insiders tell InsuranceAsia News that wealth accumulation, art-finance links, and softer pricing drive insurer interest, while geopolitical and transit risks reshape underwriting.
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Asia Pacific MGA market has ‘a lot of headroom’ for growth
GC Access' Steve Warwick highlights strong expansion potential, with MGAs generating new business through talent and technology.
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‘Extremely unpredictable’: Marsh, Aon warn of critical risk, tighter terms for Strait of Hormuz transits
Escalating clashes in the key waterway have forced insurers to radically reduce deployment and recalibrate pricing in near real-time, industry insiders say.
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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‘Asia is an active strategic focus’: Fidelis aims to bulk up property treaty, specialty lines
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‘We get Asia, we’re committed, we’re long term’: Miller charts selective growth in Japan, South Korea, and beyond
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Consistency, not cycles, drives Asia Pacific strategy, Allianz Re’s Anna Kohls says
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Asia’s ‘interlinked’ protection gaps require a virtuous cycle of risk reduction, insurance, and government backing: GAIP
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Tokio Marine open to more ILS deals ‘if there’s any room’, as Kizuna Re highlights strong earthquake demand
M&A
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Hyundai Marine & Fire Insurance to expand into Europe, Southeast Asia: report
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South Korea’s DB Insurance set to complete Fortegra acquisition
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Tokio Marine outlines capacity for over US$10bn in M&A following Berkshire deal
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Malaysian Re parent snaps up Labuan Re in US$100m deal
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Insurance adviser Pro Global expands into APAC with Australian acquisition
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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Sedgwick Asia says it is ready to meet the evolving challenges of Asia’s dynamic insurance markets.
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PartnerRe | Understanding ageing in APAC: why perception, planning and protection don’t always align
Ageing is shaping finances, family dynamics and insurance needs of the caregiving ecosystem, but current product propositions and underwriting frameworks are not keeping pace with protection needs, finds PartnerRe survey.
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Willis appoints Cheryl Lee as finex leader for Singapore
Lee will oversee the day-to-day management of the Singapore finex business, and will report to Albert Andrew, head of finex for Southeast Asia.
-
QBE names Johnny Suen as Hong Kong property head
Suen will lead QBE's property underwriting in Hong Kong, with oversight of property risks across Macau, Taiwan and Mainland China (wholesale).
-
AIG promotes veteran Tilden Goh to APAC head of energy
Singapore-based Goh brings more than 32 years of underwriting experience and a strong track record of leadership across complex energy portfolios.
-
Zurich New Zealand hires Alan James as head of distribution
He joins from AIG, where he spent 17 years holding roles in London, Singapore and Auckland.
-
Niyam Group appoints Ruchi Sheth as director for marine, energy
She has over two decades of experience in general insurance, and was most recently vice president for marine insurance at Tata AIG General Insurance.
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Michael Hannigan returns to AIG in Australia
He begins a second stint following over two years at Berkshire Hathaway Specialty Insurance.
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Lockton appoints Andrew Wansey as growth, client strategy leader in Australia
Sydney-based Wansey brings more than 30 years of experience, including 15 years at Marsh.
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Howden hires FM veteran Manikandan Krishnamoorthy as regional director for risk and engineering advisory
Krishnamoorthy joins from commercial property insurer FM, where he spent more than two decades in roles across Bangalore and Singapore.
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Tower elevates Michael Skeens to chief operating officer
Former customer contact centre head will be responsible for leading the Kiwi insurer's operational hubs, teams, systems and processes.
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Gallagher Re confirms Carlos Grijalva as APAC head of cyber
Hong Kong‑based Grijalva’s move to join the reinsurance broker was first reported by InsuranceAsia News last month.
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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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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.
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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.
Asia offers diversification amid global market softening: Miller’s Ron Whyte
Ron Whyte, head of Asia at Miller, talks to InsuranceAsia News about the broker’s ongoing expansion in Japan and South Korea, and the state of the reinsurance broking market in the region.
Overseeing energy transition in APAC: Tokio Marine GX’s Fraser McLachlan
Fraser McLachlan, Tokio Marine GX chairman, talks to InsuranceAsia News about overseeing energy transition in APAC.
Insurtech: "As the [AI] hype continues, so does the imperative for insurers, insurtechs and distributors to look beyond the noise to the underlying forces at play."
David Lynch, bolttech