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Ardonagh, Sompo, Howden, Aon: 12 APAC insurance people moves of the week
SBI General Insurance, HDFC Ergo, MLX Risk Partners, Zurich, Allianz Trade, Fusion Specialty, Pacific Prime and Lockton also made personnel changes over the last week.
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Willis Re taps Gallagher Re’s Richard Jones to spearhead Asia entry
Jones will join the new reinsurance broker in October and will be based in Singapore.
Willis Re taps Gallagher Re’s Richard Jones to spearhead Asia entry
Jones will join the new reinsurance broker in October and will be based in Singapore.
Jones will join the new reinsurance broker in October and will be based in Singapore.
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Peak Re FY25 GWP up 25% to US$2.2bn, COR at 87.9%
Hong Kong reinsurer’s reinsurance service result totalled US$162.9million, 12.7% year-on-year increase, while net profit was up marginally at US$189.5m.
Peak Re FY25 GWP up 25% to US$2.2bn, COR at 87.9%
Hong Kong reinsurer’s reinsurance service result totalled US$162.9million, 12.7% year-on-year increase, while net profit was up marginally at US$189.5m.
Hong Kong reinsurer’s reinsurance service result totalled US$162.9million, 12.7% year-on-year increase, while net profit was up marginally at US$189.5m.
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AI creates cybersecurity ‘arms race’, Hong Kong firms face rising threat: Blackpanda’s George Wong
Cyber incidents hit a record high in 2025, and firms urgently need stronger defenses like zero-trust systems and multi-factor authentication.
AI creates cybersecurity ‘arms race’, Hong Kong firms face rising threat: Blackpanda’s George Wong
Cyber incidents hit a record high in 2025, and firms urgently need stronger defenses like zero-trust systems and multi-factor authentication.
Cyber incidents hit a record high in 2025, and firms urgently need stronger defenses like zero-trust systems and multi-factor authentication.
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Ardonagh nabs Aon’s Andrew Minnitt for Asia CEO role
He also takes on the role of CEO of Price Forbes Singapore, subject to regulatory approvals.
Ardonagh nabs Aon’s Andrew Minnitt for Asia CEO role
He also takes on the role of CEO of Price Forbes Singapore, subject to regulatory approvals.
He also takes on the role of CEO of Price Forbes Singapore, subject to regulatory approvals.
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Perils trims loss estimate for Australia’s East Coast hailstorms
Perils says its loss estimate for the storms had been revised down to US$1.07bn.
Perils trims loss estimate for Australia’s East Coast hailstorms
Perils says its loss estimate for the storms had been revised down to US$1.07bn.
Perils says its loss estimate for the storms had been revised down to US$1.07bn.
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Allianz Trade appoints Bruce Lan as commercial director for China
Shanghai-based Lan has been with the trade credit insurer for nearly a decade, joining as regional sales manager for multinationals for APAC.
Allianz Trade appoints Bruce Lan as commercial director for China
Shanghai-based Lan has been with the trade credit insurer for nearly a decade, joining as regional sales manager for multinationals for APAC.
Shanghai-based Lan has been with the trade credit insurer for nearly a decade, joining as regional sales manager for multinationals for APAC.
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Lockton taps BMS’ Faith Swee for Singapore transaction liability team
She brings over six years of experience in M&A insurance broking, advising international clients on tailored solutions for complex transactions, with a particular focus on secondaries.
Lockton taps BMS’ Faith Swee for Singapore transaction liability team
She brings over six years of experience in M&A insurance broking, advising international clients on tailored solutions for complex transactions, with a particular focus on secondaries.
She brings over six years of experience in M&A insurance broking, advising international clients on tailored solutions for complex transactions, with a particular focus on secondaries.
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Opinion: Godzilla, climate change, and the perfect storm brewing in the Tropical Pacific
Scientists say there are clear signs that an El Niño event is developing, and it is widely predicted to be the strongest on record this century — potentially the strongest in 140 years.
Opinion: Godzilla, climate change, and the perfect storm brewing in the Tropical Pacific
Scientists say there are clear signs that an El Niño event is developing, and it is widely predicted to be the strongest on record this century — potentially the strongest in 140 years.
Scientists say there are clear signs that an El Niño event is developing, and it is widely predicted to be the strongest on record this century — potentially the strongest in 140 years.
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Lloyd’s looks for new way to meet diversity challenge after scrapping Dive In festival after 12 years
Insurance industry’s annual global diversity, culture, and talent festival will end after the 2026 event in September.
Lloyd’s looks for new way to meet diversity challenge after scrapping Dive In festival after 12 years
Insurance industry’s annual global diversity, culture, and talent festival will end after the 2026 event in September.
Insurance industry’s annual global diversity, culture, and talent festival will end after the 2026 event in September.
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Adenes Group launches new JV in Singapore with Japan‑based Uchiyama Loss Adjusting
Joint venture will be led by industry veteran Yasunori Araga, alongside Adenes’ regional leadership team, including head of Asia Pacific, James Ong.
Adenes Group launches new JV in Singapore with Japan‑based Uchiyama Loss Adjusting
Joint venture will be led by industry veteran Yasunori Araga, alongside Adenes’ regional leadership team, including head of Asia Pacific, James Ong.
Joint venture will be led by industry veteran Yasunori Araga, alongside Adenes’ regional leadership team, including head of Asia Pacific, James Ong.
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Japan insurers’ major nat cat claims hit US$464m in FY25, Kyushu floods drive 91% of losses: GIAJ
Torrential rains that struck Kyushu in August cost carriers US$424m in claims, according to data from General Insurance Association of Japan.
Japan insurers’ major nat cat claims hit US$464m in FY25, Kyushu floods drive 91% of losses: GIAJ
Torrential rains that struck Kyushu in August cost carriers US$424m in claims, according to data from General Insurance Association of Japan.
Torrential rains that struck Kyushu in August cost carriers US$424m in claims, according to data from General Insurance Association of Japan.
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Pacific Prime promotes Paul Cheung to lead property, casualty, financial lines team in Singapore
He has been with the broker for over six and a half years.
Pacific Prime promotes Paul Cheung to lead property, casualty, financial lines team in Singapore
He has been with the broker for over six and a half years.
He has been with the broker for over six and a half years.
Popular posts:
- Ardonagh nabs Aon’s Andrew Minnitt for Asia CEO role
- Swiss Re faces activist scrutiny for underwriting new LNG terminals, CEO defends ‘very robust’ ESG framework
- Kelvin Woo set to leave QBE for Sompo Hong Kong role
- Fundamentals’ driving APAC’s asset-intensive reinsurance growth, with ample runway ahead: Aon
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‘Catastrophic failure’ risk looms amid warning Shanghai floods could expand 80% by 2100
Study shows China's international financial hub requires layered defences, but also that the risk of a 'catastrophic failure' is real.
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Baltimore bridge loss reserve hits US$2.8bn, topping Costa Concordia; Q2 marine reserving at risk
US State of Maryland settles with MV Dali's owner and operator but not shipbuilder Hyundai, as the bridge collapse loss estimate rises to the largest marine insured loss ever.
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Japan’s space programme stumbles with back‑to‑back failures, but insurers remain grounded
Recent failures of Japan's Kairos and H3 rockets were reportedly uninsured and are not expected to materially impact space insurer profitability, although launch delays may have minor indirect effects.
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‘Not much more to give’: Asia’s D&O rate softening may moderate in 2026 amid geopolitical tensions, AI rollout
Brokers and underwriters warn that China, Singapore, and Hong Kong face the steepest D&O rate pressures, with geopolitics and AI risks intensifying concerns as a 2026 market turn looms.
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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Fundamentals’ driving APAC’s asset-intensive reinsurance growth, with ample runway ahead: Aon
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‘We’re just getting started’: CyberCube bets on Asia’s cyber insurance gap as the ‘next big frontier’
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Hong Kong marine war risk pool seeks local capacity retention to wean off overseas markets, secure hub status
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‘Essential to diversify’: Taiping Re looks beyond property cat as market softens, doubles down on Hong Kong, health
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‘Bigger than an industrial revolution’: Australian MGA Kaibridge eyes growth with AI-native platform
M&A
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Allianz, Jio sign binding deal for 50:50 India insurance JV
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Envest-backed Blue Zebra rebrands following merger of SGUA, Allstate, Point Insurance
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IAG’s RACI acquisition moves to phase two ACCC investigation
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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
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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A soft market presents organisations with opportunities to strengthen resilience, although the abundance of capacity is unlikely to persist.
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Willis Re taps Gallagher Re’s Richard Jones to spearhead Asia entry
Jones will join the new reinsurance broker in October and will be based in Singapore.
-
Ardonagh nabs Aon’s Andrew Minnitt for Asia CEO role
He also takes on the role of CEO of Price Forbes Singapore, subject to regulatory approvals.
-
Allianz Trade appoints Bruce Lan as commercial director for China
Shanghai-based Lan has been with the trade credit insurer for nearly a decade, joining as regional sales manager for multinationals for APAC.
-
Lockton taps BMS’ Faith Swee for Singapore transaction liability team
She brings over six years of experience in M&A insurance broking, advising international clients on tailored solutions for complex transactions, with a particular focus on secondaries.
-
Pacific Prime promotes Paul Cheung to lead property, casualty, financial lines team in Singapore
He has been with the broker for over six and a half years.
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HDFC Ergo elevates Samir Shah to deputy managing director
Mumbai-based Shah has been with the carrier for nearly two decades, previously holding the position of executive director since June 2018.
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Howden appoints Kyle Chan as senior director for M&A in Asia
Hong Kong-based Chan was most recently a consultant lawyer for transactions with legal firm Linklaters.
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Exclusive: Kelvin Woo set to leave QBE for Sompo Hong Kong role
Hong Kong-based Woo, who was head of corporate underwriting for Hong Kong and Macau, will join the Japanese insurer in a distribution role next month, InsuranceAsia News understands.
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Aon names Suwipamon Tan as director of power team in Thailand
Bangkok-based Tan has over two decades of experience in insurance and reinsurance roles.
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SBI General Insurance taps Shrish Ramchandra Mahuli as chief business officer
Mahuli joins the Indian carrier from Reliance General Insurance, where he was president and head of agency and broking for motor, health and SME.
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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.
Growth opportunity for renewables across the region substantial: HDI Global’s Haris Michaels
Haris Michaels, head of energy and power at HDI Global Singapore, talks to InsuranceAsia News about the evolution of Southeast Asia's energy insurance market.
What’s driving APAC’s asset-intensive reinsurance market?
Pierre Vende, co-head of life and health reinsurance for Asia Pacific at Aon, talks to InsuranceAsia News about what is driving APAC's asset-intensive reinsurance 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