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As Blueprint Two heads off into the sunset, what next for Lloyd’s transformation?
After US$600m spent and multiple delays over 30 years - and now a formal 'sunsetting' of its big-bang reform - industry insiders ponder what happens next with the market looking to move forward.
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Rise of AI demands new approaches to cyber underwriting: CyberCube
Compressed attack timelines, identity-layer propagation and the rise of AI agents require immediate adjustments to underwriting, cat modelling and portfolio management, cyber risk analytics specialist says in its H1 2026 Global Threat Briefing report.
Rise of AI demands new approaches to cyber underwriting: CyberCube
Compressed attack timelines, identity-layer propagation and the rise of AI agents require immediate adjustments to underwriting, cat modelling and portfolio management, cyber risk analytics specialist says in its H1 2026 Global Threat Briefing report.
Compressed attack timelines, identity-layer propagation and the rise of AI agents require immediate adjustments to underwriting, cat modelling and portfolio management, cyber risk analytics specialist says in its H1 2026 Global Threat Briefing report.
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Victoria bushfire losses rise to US$570m: Perils
Bushfires unfolded between January 7-13, when a severe heatwave drove extreme fire conditions across southeastern Australia.
Victoria bushfire losses rise to US$570m: Perils
Bushfires unfolded between January 7-13, when a severe heatwave drove extreme fire conditions across southeastern Australia.
Bushfires unfolded between January 7-13, when a severe heatwave drove extreme fire conditions across southeastern Australia.
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APAC insurers brace for indirect impact of Middle East conflict as volatility, supply-chain risks rise: S&P Global
Potential prolonged disruptions to energy supply can lead to compounding claims expenses in motor, property and commercial lines while increasing demand for political risk and business interruption coverage.
APAC insurers brace for indirect impact of Middle East conflict as volatility, supply-chain risks rise: S&P Global
Potential prolonged disruptions to energy supply can lead to compounding claims expenses in motor, property and commercial lines while increasing demand for political risk and business interruption coverage.
Potential prolonged disruptions to energy supply can lead to compounding claims expenses in motor, property and commercial lines while increasing demand for political risk and business interruption coverage.
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India firms up plans for GIC Re-led US$100m marine war risk pool
Bharat Marine Pool will be led by state-owned reinsurer GIC Re and New India Assurance.
India firms up plans for GIC Re-led US$100m marine war risk pool
Bharat Marine Pool will be led by state-owned reinsurer GIC Re and New India Assurance.
Bharat Marine Pool will be led by state-owned reinsurer GIC Re and New India Assurance.
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Starr appoints Vichai Laotrakul as Thailand CEO
Bangkok-based Laotrakul brings over two decades of underwriting experience across multiple lines of business.
Starr appoints Vichai Laotrakul as Thailand CEO
Bangkok-based Laotrakul brings over two decades of underwriting experience across multiple lines of business.
Bangkok-based Laotrakul brings over two decades of underwriting experience across multiple lines of business.
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Cyclone Vaianu batters New Zealand’s North Island
Winds exceeding 130km/h force hundreds to evacuate and has caused power cuts to some 5,000 homes.
Cyclone Vaianu batters New Zealand’s North Island
Winds exceeding 130km/h force hundreds to evacuate and has caused power cuts to some 5,000 homes.
Winds exceeding 130km/h force hundreds to evacuate and has caused power cuts to some 5,000 homes.
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Full Capacity: Ceasefire’s limited lifeline for insurers
This week's newsletter discusses an The US International Development Finance Corporation (DFC), India’s Gift City growth, ARPC's milestone, Korea's Lotte Insurance sale, and the Middle East ceasfire's effect on the (re)insurance sector.
Full Capacity: Ceasefire’s limited lifeline for insurers
This week's newsletter discusses an The US International Development Finance Corporation (DFC), India’s Gift City growth, ARPC's milestone, Korea's Lotte Insurance sale, and the Middle East ceasfire's effect on the (re)insurance sector.
This week's newsletter discusses an The US International Development Finance Corporation (DFC), India’s Gift City growth, ARPC's milestone, Korea's Lotte Insurance sale, and the Middle East ceasfire's effect on the (re)insurance sector.
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Marsh names Heath Jose as strategic client director for Singapore
He joins the global broker from BMS, where he was a director.
Marsh names Heath Jose as strategic client director for Singapore
He joins the global broker from BMS, where he was a director.
He joins the global broker from BMS, where he was a director.
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Ronnie Tong steps down as Swiss Re’s head of P&C facultative for Asia
Yusuke Matsumoto is set to take over on an interim basis as of Saturday.
Ronnie Tong steps down as Swiss Re’s head of P&C facultative for Asia
Yusuke Matsumoto is set to take over on an interim basis as of Saturday.
Yusuke Matsumoto is set to take over on an interim basis as of Saturday.
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Aon sees moderating of APAC W&I rate softening in 2026
Broker expects increased demand for W&I insurance due to rising regulatory complexity and improving deal-making confidence.
Aon sees moderating of APAC W&I rate softening in 2026
Broker expects increased demand for W&I insurance due to rising regulatory complexity and improving deal-making confidence.
Broker expects increased demand for W&I insurance due to rising regulatory complexity and improving deal-making confidence.
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AIG, Aon, Price Forbes, Pinnacle Underwriting, Aviso Specialty: 12 APAC insurance people moves of the week
Oneglobal Broking, Liberty, Policybazaar Insurance Brokers, Coface, Zurich, HDI Global, Talbot, Allianz and Kaibridge also made personnel changes over the last week.
AIG, Aon, Price Forbes, Pinnacle Underwriting, Aviso Specialty: 12 APAC insurance people moves of the week
Oneglobal Broking, Liberty, Policybazaar Insurance Brokers, Coface, Zurich, HDI Global, Talbot, Allianz and Kaibridge also made personnel changes over the last week.
Oneglobal Broking, Liberty, Policybazaar Insurance Brokers, Coface, Zurich, HDI Global, Talbot, Allianz and Kaibridge also made personnel changes over the last week.
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Rate adequacy key concern for APAC W&I insurers: Gallagher
Number of W&I insurance capacity providers in Asia Pacific hit a record high, broker says in its Global M&A Insurance 2025 Review and 2026 Outlook.
Rate adequacy key concern for APAC W&I insurers: Gallagher
Number of W&I insurance capacity providers in Asia Pacific hit a record high, broker says in its Global M&A Insurance 2025 Review and 2026 Outlook.
Number of W&I insurance capacity providers in Asia Pacific hit a record high, broker says in its Global M&A Insurance 2025 Review and 2026 Outlook.
Popular posts:
- Cyclone Vaianu batters New Zealand’s North Island
- Ronnie Tong steps down as Swiss Re’s head of P&C facultative for Asia
- BHSI | D&O in Asia in 2026: navigating geopolitics, insolvencies, and digital crackdowns without breaking the bank
- Helena Nikolas joins AIG as head of commercial property in Singapore
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Insurers face complex, fast-moving risk landscape as fragile ceasefire throws Strait of Hormuz into turmoil
Iran says vessels that attempt to transit the key waterway without permission 'will be destroyed' despite the US announcing a two-week ceasefire.
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Strait back to business? Ceasefire positive signal, but brokers expect gradual process for Hormuz rates, traffic
US President Donald Trump announces a two-week ceasefire between the US and Iran, if shipping is allowed to move through the crucial Strait of Hormuz, although brokers remain sceptical.
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Cleared for takeoff: war rates remain stable as airlines seek new routes
A month into the Iran conflict, the US has also doubled its commitment to provide reinsurance guarantees to ships willing to travel through the Strait of Hormuz to US$40bn.
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Reinsurers eye ‘pockets of opportunity’ in soft Japan April 1 renewals
‘Re‑underwriting’ and primary rates hikes have boosted appetite across historically challenged lines, such as property per‑risk and casualty, Gallagher Re’s George Sherriff tells InsuranceAsia News.
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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‘Bigger than an industrial revolution’: Australian MGA Kaibridge eyes growth with AI-native platform
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‘A huge way to go in Asia’: region still land of opportunity, excitement, TMK Asia chief says
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‘No longer optional’: parametric climate cover gains urgency as Asia Pacific faces accelerating volatility
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‘Big expectations’ as Gift City branch gives Mapfre Re vehicle to drive India, APAC growth: Javier Sánchez Cea
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‘Exciting and new’: Specialist Risk Group aims to put itself on the map in Australia, Southeast Asia
M&A
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Australia’s new merger control regime makes ‘positive start’, regulator says
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JKL Partners to relaunch Lotte Non-life sale: report
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Specialist risk adviser Continuum forms strategic partnership with Hong Kong-based broker Freed Capital
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McLardy McShane forms partnership with West Rock Insurance Brokers
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Steadfast moves to acquire Envest’s Resilium and PSC Connect AR networks
ESG
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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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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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A soft market presents organisations with opportunities to strengthen resilience, although the abundance of capacity is unlikely to persist.
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Starr appoints Vichai Laotrakul as Thailand CEO
Bangkok-based Laotrakul brings over two decades of underwriting experience across multiple lines of business.
-
Marsh names Heath Jose as strategic client director for Singapore
He joins the global broker from BMS, where he was a director.
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Ronnie Tong steps down as Swiss Re’s head of P&C facultative for Asia
Yusuke Matsumoto is set to take over on an interim basis as of Saturday.
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Allianz hires Bryce Hatton as head of motor fleet underwriting in Australia
Brisbane-based Hatton has over three decades of experience in insurance-related roles.
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HDI Global appoints Everest’s Diane Chong as senior underwriter for downstream energy
Singapore-based Chong has close to two decades of underwriting experience across downstream and upstream energy, power, construction and renewable energy.
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Coface names Darren Chan country manager for Malaysia, head of Philippines
He has been with the trade credit insurer since 2016.
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Ex-Wallabies captain Michael Hooper joins Aviso Specialty as consultant
He is the most capped captain in the history of the Australia rugby union team.
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Tarun Mathur resigns as Policybazaar Insurance Brokers CEO, replaced by Sajja Praveen Chowdary
Mathur cites 'personal commitments' as the reason for his exit.
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Pinnacle Underwriting appoints Brendan McDonald to lead casualty, financial lines offering across APAC, MENA
MGA has secured an exclusive broad form facility with dedicated capacity across product and public liability, professional indemnity and directors and officers liability reinsurance.
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Zurich hires Cheryn Wong as senior casualty underwriter
Singapore-based Wong joins from Everest, where she has been a casualty underwriter for Asia since January 2025.
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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.
Japanese non-life insurers to outperform life firms on fundamentals: Fitch’s Morinaga
Teruki Morinaga, director of insurance at Fitch Ratings in Tokyo, talks to InsuranceAsia News on the market forces shaping Japan's insurance sector.
Greater local investor participation in ILS needed: Peak Re’s Reynolds
Iain Reynolds, head of third party capital at Peak Re, talks to InsuranceAsia News about the development of Asia's insurance-linked securities market
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