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London P&I on the hook for Ocean Melody carrier after fatal blaze
Liberian-flagged cargo ship caught fire on Thursday while being docked for repairs in Chinese shipping hub of Qingdao, leaving 25 dead.
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Gallagher Re, MDS Group, Howden, Bowring Marsh, Charles Taylor: 12 APAC insurance people moves of the week
Swiss Re, Axa XL, Aviso Specialty, bolttech, Chubb, Markel, IFFCO Tokio General Insurance, Munich Re, Wills Re, Sompo, Coalition Australia, and Ace Insurance Brokers also made personnel changes over the last week.
Gallagher Re, MDS Group, Howden, Bowring Marsh, Charles Taylor: 12 APAC insurance people moves of the week
Swiss Re, Axa XL, Aviso Specialty, bolttech, Chubb, Markel, IFFCO Tokio General Insurance, Munich Re, Wills Re, Sompo, Coalition Australia, and Ace Insurance Brokers also made personnel changes over the last week.
Swiss Re, Axa XL, Aviso Specialty, bolttech, Chubb, Markel, IFFCO Tokio General Insurance, Munich Re, Wills Re, Sompo, Coalition Australia, and Ace Insurance Brokers also made personnel changes over the last week.
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Howden Singapore promotes Joyce Hor to COO
She has been working at Howden for 10 years, most recently as finance director.
Howden Singapore promotes Joyce Hor to COO
She has been working at Howden for 10 years, most recently as finance director.
She has been working at Howden for 10 years, most recently as finance director.
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Munich Re adds Joy Wang to Australia team
She joins Munich Re in Sydney following a strint at the Australian Prudential Regulation Authority.
Munich Re adds Joy Wang to Australia team
She joins Munich Re in Sydney following a strint at the Australian Prudential Regulation Authority.
She joins Munich Re in Sydney following a strint at the Australian Prudential Regulation Authority.
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Bowring Marsh promotes Rachel Burger to head of Southeast Asia and Pacific
She has been with Bowring Marsh in Singapore since February 2024.
Bowring Marsh promotes Rachel Burger to head of Southeast Asia and Pacific
She has been with Bowring Marsh in Singapore since February 2024.
She has been with Bowring Marsh in Singapore since February 2024.
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Singapore’s GIC takes 5% stake in Samsung Fire and Marine
With its purchase of 2.24 million shares, the sovereign wealth fund has become one of the largest shareholders of the South Korean insurer.
Singapore’s GIC takes 5% stake in Samsung Fire and Marine
With its purchase of 2.24 million shares, the sovereign wealth fund has become one of the largest shareholders of the South Korean insurer.
With its purchase of 2.24 million shares, the sovereign wealth fund has become one of the largest shareholders of the South Korean insurer.
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Chubb elevates Hong Kong-based Jeremy Lai to head of cyber, technology practice
He has been with Chubb for almost seven and a half years, having joined as an assistant casualty underwriter.
Chubb elevates Hong Kong-based Jeremy Lai to head of cyber, technology practice
He has been with Chubb for almost seven and a half years, having joined as an assistant casualty underwriter.
He has been with Chubb for almost seven and a half years, having joined as an assistant casualty underwriter.
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Ace Insurance Brokers hires Shreyas Pandey, Arundas CK for Bengaluru team
Pandey joins from Edme Insurance Brokers, while Arundas joins from Gallagher.
Ace Insurance Brokers hires Shreyas Pandey, Arundas CK for Bengaluru team
Pandey joins from Edme Insurance Brokers, while Arundas joins from Gallagher.
Pandey joins from Edme Insurance Brokers, while Arundas joins from Gallagher.
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Malaysia’s non-life insurance sector outlook stable on regulatory reforms, economic strength: AM Best
Economic growth has remained resilient despite geopolitical headwinds in 2026, driving demand for non-life insurance products and narrowing the protection gap.
Malaysia’s non-life insurance sector outlook stable on regulatory reforms, economic strength: AM Best
Economic growth has remained resilient despite geopolitical headwinds in 2026, driving demand for non-life insurance products and narrowing the protection gap.
Economic growth has remained resilient despite geopolitical headwinds in 2026, driving demand for non-life insurance products and narrowing the protection gap.
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bolttech names Emma Butler as new APAC CEO, succeeding Philip Weiner
Weiner succeeds Jon Walheim, who is transitioning to become an adviser to CEO Rob Schimek.
bolttech names Emma Butler as new APAC CEO, succeeding Philip Weiner
Weiner succeeds Jon Walheim, who is transitioning to become an adviser to CEO Rob Schimek.
Weiner succeeds Jon Walheim, who is transitioning to become an adviser to CEO Rob Schimek.
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Willis Re taps Neil Eckert as CEO
He joins Willis Re from Conduit Re, the Bermuda-based reinsurer which he co-founded in 2020 and has led as CEO since 2025.
Willis Re taps Neil Eckert as CEO
He joins Willis Re from Conduit Re, the Bermuda-based reinsurer which he co-founded in 2020 and has led as CEO since 2025.
He joins Willis Re from Conduit Re, the Bermuda-based reinsurer which he co-founded in 2020 and has led as CEO since 2025.
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IFFCO Tokio General Insurance appoints Sanjeev Chopra as operations director
His association with the Indian-Japanese joint venture dates back to 2001.
IFFCO Tokio General Insurance appoints Sanjeev Chopra as operations director
His association with the Indian-Japanese joint venture dates back to 2001.
His association with the Indian-Japanese joint venture dates back to 2001.
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Japanese P&C carriers’ underwriting profit rebounds 186% to US$2.3bn in FY25: Toa Re
Improvement driven by an increase in net premium income and a drop in net claims paid, reflecting lower earthquake claims following the 2024 Noto Peninsula earthquake.
Japanese P&C carriers’ underwriting profit rebounds 186% to US$2.3bn in FY25: Toa Re
Improvement driven by an increase in net premium income and a drop in net claims paid, reflecting lower earthquake claims following the 2024 Noto Peninsula earthquake.
Improvement driven by an increase in net premium income and a drop in net claims paid, reflecting lower earthquake claims following the 2024 Noto Peninsula earthquake.
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RVS 2026: Back to the reinsurance drawing board? 6 APAC takeaways from Monte Carlo
Record capital, falling property rates and a scramble for growth dominated this year’s Rendez-Vous de Septembre, in a market where overhaul of programs is very much on the agenda.
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As cyberattacks surge across Asia, call increases for insurance-led resilience
Education is the missing link as brokers and insurers must equip businesses with risk knowledge, not just policies, CyberCube's Jon Choi tells InsuranceAsia News.
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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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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.
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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Singapore’s GIC takes 5% stake in Samsung Fire and Marine
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Tokio Marine HCC International completes Direct Commercial acquisition
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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
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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Howden Singapore promotes Joyce Hor to COO
She has been working at Howden for 10 years, most recently as finance director.
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Munich Re adds Joy Wang to Australia team
She joins Munich Re in Sydney following a strint at the Australian Prudential Regulation Authority.
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Bowring Marsh promotes Rachel Burger to head of Southeast Asia and Pacific
She has been with Bowring Marsh in Singapore since February 2024.
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Chubb elevates Hong Kong-based Jeremy Lai to head of cyber, technology practice
He has been with Chubb for almost seven and a half years, having joined as an assistant casualty underwriter.
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Ace Insurance Brokers hires Shreyas Pandey, Arundas CK for Bengaluru team
Pandey joins from Edme Insurance Brokers, while Arundas joins from Gallagher.
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bolttech names Emma Butler as new APAC CEO, succeeding Philip Weiner
Weiner succeeds Jon Walheim, who is transitioning to become an adviser to CEO Rob Schimek.
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Willis Re taps Neil Eckert as CEO
He joins Willis Re from Conduit Re, the Bermuda-based reinsurer which he co-founded in 2020 and has led as CEO since 2025.
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IFFCO Tokio General Insurance appoints Sanjeev Chopra as operations director
His association with the Indian-Japanese joint venture dates back to 2001.
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Axa XL appoints Markus Posberg as property, construction, energy CUO for APAC and Europe
Cologne-based Posberg brings extensive technical experience, most recently as head of property, construction and energy for Germany.
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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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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