APAC
Howden reports 33% surge in demand for political risk insurance
Howden reports 33% surge in demand for political risk insurance
Trade credit insurance has also recorded annual profits over the past decade.
HDI Global’s Q1 2025 earnings jump 35.6% YoY
Performance was also driven by business growth and inflation-related adjustments.
P&C insurers stuck with costly legacy tech, McKinsey warns
Legacy platforms are driving up IT costs and limiting operational agility.
Property and casualty insurtechs raise $1.13b in Q1 2025
Since 2012, over $60b has been invested in insurtech companies.
MS Amlin’s net premiums rise $300m on business growth in FY 2024
Reporting under UK GAAP, MS Amlin posted an underwriting profit of $288m.
Non-life ILS market hits $49.1b in cat bond capacity by April: Gallagher Re
Non-life ILS capacity has increased nearly 480% since 2010.
HDI Global reels in McDowell as new lead
He will be based in London.
Aon expands reinsurance work with Moody’s into commercial risk
The products aim to offer more efficient risk transfer and improve casualty protection.
Canopius appoints Chen Zhang and Channing Chiu to APAC roles
Both will report to Soon Keen (SK) Lee, CEO of Canopius APAC and MENA.
Allianz reports Q1 net income contracts by 1.9%
During the three month period, total business volume reached $60.48b.
Swiss Re posts $1.28b Q1 profit with gains in underwriting and tax
P&C Re reported a net income of $527m, lower on a YoY basis.
This week in insurance: GAIP’s new CEO, Zurich offers takaful on Shopee, Japan's worker shortage
Hong Kong travellers also rush to buy insurance amidst safety concerns.
WTW expands Luke Ware’s duties with Asia leadership appointment
He has over two decades of experience.
Zurich Insurance appoints Pitsikas as head of SME APAC
He will report to Sean Walker, head of Commercial Insurance.
Zurich Insurance calls for stronger public-private coordination on climate risks
Extreme weather events caused ~$2t in economic losses over the past decade.
Is the Asian auto insurance industry ready for the cars of the future?
The demand of an evolving auto insurance landscape will give rise to a new age of insurance startups.
Q1 2025 natural disasters cost APAC billions, insurance coverage limited
In Q1 2025, South Korea and Japan faced significant wildfire activity.
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