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Asia Pacific

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


Princess Empress clean-up costs likely to hit IOPC Funds threshold

Claims submission office opened in Philippines working with P&I provider Shipowners’ Club

Philippines Marine

India looks to accelerate insurance boom

Regulatory changes, supported by a fast-moving economy, aim to attract new re/insurance companies to India and bring innovative products to the market

India Casualty

Cyclone Gabrielle to cost insurers NZ$1.5bn: Perils

February cyclone is the second billion-dollar weather event the country has experienced this year, following record flooding in January 

New Zealand Property

Gallagher names Chan head of construction for North Asia

Broker targets regional expansion with hire from Oneglobal

Asia Pacific Specialty

Perils ups Typhoon Nanmadol loss to $1bn

The loss aggregator says the ‘manageable’ loss demonstrated the high level of preparedness for extreme weather events

Japan Property

New Zealand North Island flood loss to cost NZ$1.65bn: Perils

The January flooding is the industry’s third-largest catastrophe event in the country following the Canterbury and Kaikoura earthquakes

New Zealand Property

Markel International adds to downstream energy team

Insurer appoints QBE’s Keens in London and Scor’s Wong in Singapore

London Asia Pacific

Perils raises eastern Australia flood loss to A$6.5bn

Final insured loss estimate provided for Australian insurance industry’s largest loss on record

Australia Property

Mosaic opens Singapore office

Insurer creates Asia-Pacific platform led by Benn Wilson to build out its transactional liability business in the region

Asia Pacific Specialty

Asta opens Singapore service company

Lloyd’s third-party managing agent looks to expand presence in Asia with new operation

Asia Pacific Lloyds

Canopius opens Melbourne office

The specialty re/insurer’s second Australia location will initially write casualty business

Australia Canopius

Philadelphia CEO Glomb appointed to Tokio Marine executive role

Tokio Marine promotes John Glomb to executive officer role to support group's global operations

Asia Pacific International

Everest Re names Bogardus chief executive of Singapore branch

Reinsurer promotes Bogardus to oversee operations across Asia Pacific region, following departure of Nitin Talwalkar  

Everest Re Reinsurance

Enstar inks legacy deal with RACQ

Bermudian run-off specialist strikes loss portfolio transfer deal with Australian motor insurance mutual 

Asia Pacific Legacy

Lockton launches Australia and NZ affinity business

Broker hires Aon’s Dasgupta to lead business, which aims to address the ‘unmet needs’ of small to medium-sized enterprises

Asia Pacific Broker

QBE strikes $1.9bn legacy deal with Enstar

Australian giant enters into loss portfolio transfer deal covering a diversified book of business including international and North American financial lines and reinsurance business

QBE Legacy
See All