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Cyber on the mind for ‘next few years’ as Asian ransomware attacks more than double as digitalisation outpaces defences
Kyle Schwaeble, head of incident response for APAC at global intelligence and cyber security consultancy S-RM, tells InsuranceAsia News' Between the Lines podcast that stricter privacy regulations across the region have inadvertently given threat actors additional leverage.
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Market Lane appoints Grace Best as property underwriter for Barn Underwriting Agency
Brisbane-based Best brings over 14 years of experience across property underwriting and claims.
Market Lane appoints Grace Best as property underwriter for Barn Underwriting Agency
Brisbane-based Best brings over 14 years of experience across property underwriting and claims.
Brisbane-based Best brings over 14 years of experience across property underwriting and claims.
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Sedgwick lands Chad Cillie as marine surveyor
He has over 18 years specialising in pleasure, fishing, and commercial vessels.
Sedgwick lands Chad Cillie as marine surveyor
He has over 18 years specialising in pleasure, fishing, and commercial vessels.
He has over 18 years specialising in pleasure, fishing, and commercial vessels.
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ARPC declares end of ex-Tropical Cyclone Mitchell
It is the seventh of Australia’s storm season after tropical cyclones Fina, Grant, Hayley, Jenna, Koji and Luana.
ARPC declares end of ex-Tropical Cyclone Mitchell
It is the seventh of Australia’s storm season after tropical cyclones Fina, Grant, Hayley, Jenna, Koji and Luana.
It is the seventh of Australia’s storm season after tropical cyclones Fina, Grant, Hayley, Jenna, Koji and Luana.
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Special Risk Group launches in Australia, acquires entertainment broker H2
Laurence Basell, Henry Clark and Steve Pappas have joined the London-headquartered broker.
Special Risk Group launches in Australia, acquires entertainment broker H2
Laurence Basell, Henry Clark and Steve Pappas have joined the London-headquartered broker.
Laurence Basell, Henry Clark and Steve Pappas have joined the London-headquartered broker.
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Martijn de Lange rejoins Aon as MD for transaction solutions in Asia Pacific
Hong Kong-based De Lange joins from BMS Group, where he was a managing director since October 2020.
Martijn de Lange rejoins Aon as MD for transaction solutions in Asia Pacific
Hong Kong-based De Lange joins from BMS Group, where he was a managing director since October 2020.
Hong Kong-based De Lange joins from BMS Group, where he was a managing director since October 2020.
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Hayden Shepard joins 360 Underwriting Solutions as deputy CFO
Sydney-based Shepard joins the specialist underwriting agency from Compare Club, having previously also worked for Zurich Financial Services Australia and Chubb.
Hayden Shepard joins 360 Underwriting Solutions as deputy CFO
Sydney-based Shepard joins the specialist underwriting agency from Compare Club, having previously also worked for Zurich Financial Services Australia and Chubb.
Sydney-based Shepard joins the specialist underwriting agency from Compare Club, having previously also worked for Zurich Financial Services Australia and Chubb.
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AmTrust International strengthens Australian market presence with launch of APRA-licensed branch insurer
AmTrust Specialty offers supports for individuals and businesses who may be deterred from pursuing or defending legal action due to financial risk.
AmTrust International strengthens Australian market presence with launch of APRA-licensed branch insurer
AmTrust Specialty offers supports for individuals and businesses who may be deterred from pursuing or defending legal action due to financial risk.
AmTrust Specialty offers supports for individuals and businesses who may be deterred from pursuing or defending legal action due to financial risk.
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Asia makes its mark as large insolvencies reach new high in 2025: Allianz Trade
Last year, there were 475 cases of major insolvent companies, with combined revenues of EUR308 billion, up 12% from 2024.
Asia makes its mark as large insolvencies reach new high in 2025: Allianz Trade
Last year, there were 475 cases of major insolvent companies, with combined revenues of EUR308 billion, up 12% from 2024.
Last year, there were 475 cases of major insolvent companies, with combined revenues of EUR308 billion, up 12% from 2024.
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Ex-Tropical Cyclone Mitchell downgraded after crossing Western Australia coast
It is the seventh cyclone of Australia’s storm season after tropical cyclones Fina, Grant, Hayley, Jenna, Koji and Luana.
Ex-Tropical Cyclone Mitchell downgraded after crossing Western Australia coast
It is the seventh cyclone of Australia’s storm season after tropical cyclones Fina, Grant, Hayley, Jenna, Koji and Luana.
It is the seventh cyclone of Australia’s storm season after tropical cyclones Fina, Grant, Hayley, Jenna, Koji and Luana.
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Crawford promotes Bethan Counsell to head of client services in Australia
Counsell, who is in her second spell with the international loss adjuster, will relocate from Darwin to Sydney for the role.
Crawford promotes Bethan Counsell to head of client services in Australia
Counsell, who is in her second spell with the international loss adjuster, will relocate from Darwin to Sydney for the role.
Counsell, who is in her second spell with the international loss adjuster, will relocate from Darwin to Sydney for the role.
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Price Forbes elevates Alex Gray to executive director for marine, credit, political risk
Singapore-based Grey was previously head of marine since joining the broker in November 2024.
Price Forbes elevates Alex Gray to executive director for marine, credit, political risk
Singapore-based Grey was previously head of marine since joining the broker in November 2024.
Singapore-based Grey was previously head of marine since joining the broker in November 2024.
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Howden names Aon’s Natalie Worthington as senior associate for tax, M&A in Asia
She joins following eight months at Aon, where she was a senior associate for tax liability for transaction solutions in Asia.
Howden names Aon’s Natalie Worthington as senior associate for tax, M&A in Asia
She joins following eight months at Aon, where she was a senior associate for tax liability for transaction solutions in Asia.
She joins following eight months at Aon, where she was a senior associate for tax liability for transaction solutions in Asia.
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With a handsome track record, what’s next for the cat bond market in 2026?
Aon Securities' CEO Richard Pennay tells InsuranceAsia News he expects a strong issuance year after a record-breaking 2025.
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Hannover Re grows APAC premiums 2% at 1.1 despite broadening market terms, pockets of weak pricing
While 1.4 renewals will likely similar momentum, market will be mindful of last year's acceleration in rate reduction, executive board member for P&C Sven Althoff tells InsuranceAsia News.
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Asset-intensive reinsurance to remain robust, continue APAC growth ‘by all measures’ in 2026
Japan is set to remain 'largest and most active market in the region', with Hong Kong, Singapore, Taiwan and South Korea all seen as having potential for growth, industry insiders tell InsuranceAsia News.
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Tech, demand drive parametric innovation in financial lines: Howden’s Deborah Thomasz
Regional senior manager for financial lines tells InsuranceAsia News there is room for innovation and differentiation within financial lines for (re)insurers in APAC.
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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Cyber on the mind for ‘next few years’ as Asian ransomware attacks more than double as digitalisation outpaces defences
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Chubb’s Evan Greenberg ‘bullish on long-term opportunity’ for Asia
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‘Hopeless’: observation-based models fall short as insurers comprehend modern flood risks
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Home, sweet home for Vietnam’s new reinsurer as AlphaRe eyes efficiency over top line
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Bridging Asia’s protection gap key focus for Verisk, but data issue remains
M&A
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South Korean trio explore India insurance expansion: reports
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Willis promotes Mareli Vermeulen to head of Asia M&A
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Beazley board gives in to Zurich’s sweetened US$11bn offer
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Nigel Fitzgerald, Grant Cairns’ new MGA Kaibridge goes live
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Danantara Indonesia mulls insurance holding company to consolidate state-owned carriers
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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Vastly improving turnaround times and personalising service delivery, QBE Asia’s award-winning, end-to-end bundled claims solutions is a game-changer for the insurance industry.
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Market Lane appoints Grace Best as property underwriter for Barn Underwriting Agency
Brisbane-based Best brings over 14 years of experience across property underwriting and claims.
-
Sedgwick lands Chad Cillie as marine surveyor
He has over 18 years specialising in pleasure, fishing, and commercial vessels.
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Martijn de Lange rejoins Aon as MD for transaction solutions in Asia Pacific
Hong Kong-based De Lange joins from BMS Group, where he was a managing director since October 2020.
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Hayden Shepard joins 360 Underwriting Solutions as deputy CFO
Sydney-based Shepard joins the specialist underwriting agency from Compare Club, having previously also worked for Zurich Financial Services Australia and Chubb.
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Crawford promotes Bethan Counsell to head of client services in Australia
Counsell, who is in her second spell with the international loss adjuster, will relocate from Darwin to Sydney for the role.
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Price Forbes elevates Alex Gray to executive director for marine, credit, political risk
Singapore-based Grey was previously head of marine since joining the broker in November 2024.
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Howden names Aon’s Natalie Worthington as senior associate for tax, M&A in Asia
She joins following eight months at Aon, where she was a senior associate for tax liability for transaction solutions in Asia.
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Xiao Chen takes up new role of head of strategy, chief of staff at Axa XL for APAC and Europe
She returns from maternity leave to take up the Paris-based role.
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Allianz Commercial hires AIG’s Anish Chandran as head of financial lines for Southeast Asia
He was most recently AIG's head of financial lines in Singapore.
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Malaysia’s Lonpac Insurance appoints Jacqueline Chan as head of marine
She joins from QBE, where she spent five years as the head of marine.
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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.
AI: "With prudent oversight and strong guardrails, an augmented investment office can allow insurers to confidently ride the private credit boom without being undermined by the complexity they have embraced."
David Pan, Moody’s