APAC
This week in insurance: Aon names Risk Capital CEO, SB Finance launches job-loss cover, Beazley takeover talks extended
This week in insurance: Aon names Risk Capital CEO, SB Finance launches job-loss cover, Beazley takeover talks extended
Regulators in Singapore and Thailand have also made moves this week.
HDI Global eyes international expansion with new 4-year plan
It will focus on specialty aviation surety and credit lines.
Generative AI in insurance could unlock $50b to $70b revenue: McKinsey
Gains would centre on marketing, customer operations and software engineering functions.
Talanx ends Meiji Yasuda partnership after buying Polish stakes
The move gives Talanx full ownership of Warta and TU Europa.
MSIG Asia names Peak3 to run its digital insurance platform
Graphene will be used to boost connectivity and support direct-to-consumer sales.
Miller appoints Sailesh Divakaram as head of Treaty Asia
The Singapore-based executive reports to Richard Broad who leads treaty for APAC.
Beazley extends takeover deadline as Zurich conducts due diligence
Both sides are discussing final terms after agreeing in principle on key financial conditions.
Commercial insurance rates sink 5% across Asia amidst rise in cyber demand
Insurers broadened protection to cover supply chain attacks and social engineering fraud.
How can insurers turn M&As into a competitive advantage?
Firms are focused more on boosting operations than pushing rivals out.
Aon names Peiser CEO of Risk Capital
He will be reporting to Andy Marcell.
Investor appetite for reinsurance and ILS rises amidst capital flow last year
Howden says 2025 catastrophe bond issuance rose about 45% versus 2024.
This week in insurance: Taiwan profits slide, cyber and fraud covers roll out, regional leadership reshuffle
Markel Insurance appointed John Bang as its inaugural head of Korea and Japan.
Manulife’s Asia segment records 22% YoY jump in FY 2025 net income
Asia’s new business value (NBV) was also up 10%.
Protection and indemnity clubs hike rates for 20 Feb renewal: AM Best
Mutual marine insurers target pricing adequacy to offset 2024/25 underwriting deficit.
Markel International names Phil Amlot to lead trade credit
He reports to Carl Titterton and takes the post effective immediately.
MS Amlin names Andrew Fish to run exposure management team
Fish will oversee 35 staff and sharpen risk control and pricing discipline using analytics.
Commercial insurance hits $2t by 2034 as mandates tighten
UNCTAD says Q1 2024 goods trade pushed cross-border exposure.
Commentary
For Asia’s insurers, boldness is the key to an AI-driven transformation
India’s cyber risk paradox: High attack rates, low insurance preparedness