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Asia Pacific

International re/insurers are looking to Asia Pacific markets for growth opportunities

 

Munich Re reorganises Asia and Africa operations

Reinsurance giant shuffles regional executives in Asia and Africa, moving Kotak and Eckl

Munich Re Asia Pacific

Liberty Mutual restructures international business

Global Risk Solutions restructure sees creation of new international insurance business division and the unification of two business operations in Asia

Asia Pacific Specialty

CFC acquires Australian financial lines MGA

Acquisition of Solution Underwriting will expand specialist MGA's footprint in Australia to five offices

Australia Mergers and Acquisitions

Guy Carpenter hires Chu for senior credit and political risk role

Reinsurance broker taps PartnerRe executive to drive business development in Asia Pacific region 

Asia Pacific Guy Carpenter / Marsh

Peak Re expands bespoke solutions team to P&C lines

Chenwei Li will continue to lead the expanded structured solutions operation

Asia Pacific Hong Kong

Ship interests succeed in constructive total loss claim

Commercial Court finds for claimants under a war risk policy in relation to a ship detained in Indonesia 

United Kingdom Indonesia

Taiwan quake losses will not exceed those from 2016 tremor: AM Best

Main source of claims likely to be for business interruption, rating agency says

Taiwan Property

Japan Club sees tonnage exodus

Marine mutual describes business environment as ‘not easy’ and premium levels as ‘still inadequate’, hinting at price hikes to come

Japan Marine

Taiwan property insurers to maintain profitability despite recent earthquake: GlobalData

Taiwan's government-backed insurance pool is expected to absorb most of the losses, analysts say

Taiwan Property

Taiwan quake meets a weakened insurance sector, says AM Best

Pandemic saw decline in assets and reserves, but key tech sectors have reinsurance access

Taiwan Casualty

Perils increases Australia Christmas storm loss estimate to $1bn

The loss aggregator's updated estimate covers the property and motor hull lines of business

Australia Property

Reinsurance buyers to see terms improve in 2024: Aon

Customers can expect ‘more comprehensible reinsurance market’

Asia Pacific International

Reinsurance capacity remains strong in Q1: Gallagher Re

Reinsurer expects ‘easing of terms and conditions’ 

International Asia Pacific

Sompo names Reilly Apac CEO

Reilly succeeds Daniel Neo who retires at the end of the year

Sompo International Asia Pacific

Stable or softening D&O markets in US, Canada and Europe: Gallagher

Middle East seeing influx of new providers due to legal reforms, broker reports

International Middle East and Africa

Australian regulator plans system-wide financial stress test in 2025

Agency wants to map how shocks travel through the system and find ‘blind spots’ in oversight

Australia Regulation
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