insurance
Allianz unveils CAReS platform to assess climate-related risks
Allianz unveils CAReS platform to assess climate-related risks
Global losses from climate-related natural catastrophes reached $327b in 2024.
Howden acquires 68.3% stake in Kyoto-based Holos Holdings
The group now employs more than 450 people since entering the market in 2024.
Chaucer adds Emily Brand to energy team in Singapore office
Brand will report to Scott Ho, who leads the energy underwriting.
Resolution Life seals first Hong Kong reinsurance deal worth $1b
The deal covers a portfolio of in-force participating whole life and annuity policies.
Howden Re launches reinsurance broking unit in Hong Kong
A managing director has been appointed to lead the treaty reinsurance operations.
Prudential adds former Swiss Re CIO Guido Fürer to board
Meanwhile, Amy Yip will step down from the Board on 31 October.
Markel Insurance names principal officer for Malaysia
Markel is currently licensed as a Tier 2 reinsurer in Labuan.
Fitch sees QBE outlook steady on higher profits and lower risk
It cited continued operational strength and reduced earnings volatility as key drivers.
Insured losses reach $70b in H1 2025: Guy Carpenter
The second quarter saw a levelling off in losses.
Marsh reports 6% rise in captive premiums to $77b in 2024
Marsh has assisted in forming nearly 500 new captives, including 92 in 2024.
Auto insurers under strain from high-tech repairs
Fixing EVs is expensive, leading many to declare these as a loss.
Taiwan insurers record loss in end-May 2025
The industry sharply fell by 128% YoY.
Allianz Australia cements South Australia growth via RAA deal
About 300 RAA employees have joined Allianz.
HSBC Life Singapore appoints Chong to new commercial leadership role
Chong brings over 20 years of experience in banking and insurance.
HDI Global SE appoints two senior executives for risk finance division
Nelson Castellanos has been named a Vice President and Fabien Guilhot has been appointed a director.
Allianz Commercial names new regional head of Liability
He also joins from Allianz Insurance Singapore.
APRA requires insurers to identify critical services under new CPS 230 rule
It also mandates enhanced oversight of third-party service providers.
Commentary
AI isn’t replacing insurance, it’s finally making it work