InsuranceAsia News

InsuranceAsia News, based in Hong Kong, delivers insightful commentary, thought-provoking features, and comprehensive interviews tailored for the insurance sector in Asia. The platform delves into how major corporations in Asia, along with their brokers, insurers, and reinsurers, manage and transfer risk. It also addresses the key issues and challenges faced by executives in the insurance and reinsurance industries. Regular updates will include rankings and league tables for insurers, reinsurers, cedants, and brokers, as well as an analysis of the legal and regulatory landscape affecting these entities. InsuranceAsia News aims to offer crucial insights into Asia's insurance sector, keeping industry leaders informed about the latest developments. Covering topics such as emerging risks, technology, industry convergence, and alternative risk transfer, we strive to provide a timely perspective on current news and its potential implications for future markets. In a period marked by significant market shifts and the blending of insurance and banking, there is a growing need for unbiased, independent, and expert analysis. The editorial content from InsuranceAsia News will be a trusted source for our readers. Our platform will serve as a vital resource for primary insurers, reinsurers, brokers, corporations, banks, and service providers, delivering accurate, insightful, and dependable coverage of the Asia insurance market.

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Marsh, Zurich, Allianz Trade, Gard, Zurich Kotak: 11 APAC insurance people moves of the week

1 week ago | insuranceasianews.com | Andrew Mullen

Marsh, Zurich, Allianz Trade, Gard, Zurich Kotak: 11 APAC insurance people moves of the week People Moves of the Week InsuranceAsia News wraps up the people moves from the insurance industry in Asia this week. 1. Marsh Japan hires WTW veteran amid exodus, talent battle Broking giant Marsh Japan has hired WTW veteran Hirofumi “Luke” Nakamura as a senior vice president, InsuranceAsia News understands. Tokyo-based Nakamura most recently spent 13 years at WTW as a general manager, but has joined...
AIG tap Liberty Specialty Markets' Snowy Chan as marine lead in Hong Kong and Macau

1 week ago | insuranceasianews.com | Andrew Mullen

AIG tap Liberty Specialty Markets’ Snowy Chan as marine lead in Hong Kong and Macau People Insurers Hong Kong Macau Marine AIG AIG has appointed Liberty Specialty Markets' Snowy Chan as its marine lead in Hong Kong and Macau, according to a LinkedIn update from Hong Kong and Macau CEO Cynthia Sze. Chan (pictured) joins AIG, h... MORE FROM: People Partner Content...
FWD Group could launch Hong Kong IPO as early as next week: Reuters

1 week ago | insuranceasianews.com | Andrew Mullen

FWD Group could launch Hong Kong IPO as early as next week: Reuters Hong Kong Fund raising FWD Group FWD Group could launch its Hong Kong initial public offering (IPO) to raise about US$500 million as early as next week, according to Reuters. The Hong Kong-based insurer, backed by billionaire Richard... MORE FROM: Fund raising Partner Content...
Marine insurers lift prices for Strait of Hormuz by 60% amid safety fears: FT

1 week ago | insuranceasianews.com | Andrew Mullen

Marine insurers lift prices for Strait of Hormuz by 60% amid safety fears: FT Middle East Global Marine War Marsh McLennan Skuld Prices for ships travelling through the key Strait of Hormuz have jumped more than 60% since the start of the conflict between Israel and Iran last week, according to a report in the Financial Times. ... MORE FROM: Marine Partner Content...
Wild weather claims surpass all of 2024 in just 5 months amid increasing severity, frequency: NRMA

1 week ago | insuranceasianews.com | Andrew Mullen

Wild weather claims surpass all of 2024 in just 5 months amid increasing severity, frequency: NRMA Insurers Australia Catastrophe Claims Australia's NRMA Insurance said claims for wild weather-related damage between January and May topped the total number of wild weather claims in 2024. NRMA Insurance said it received more than 32,000 ... MORE FROM: Insurers Partner Content...
Axa Xl ships in QBE duo to boost Australia marine team

1 week ago | insuranceasianews.com | Andrew Mullen

Axa Xl ships in QBE duo to boost Australia marine team People Insurers Reinsurers Australia Marine AXA XL Axa Xl has appointed Ross Lawrenson as a senior marine underwriter and Sameen Naveed as a senior marine claims specialist, according to a LinkedIn update. Melbourne-based Lawrenson joined in May after... MORE FROM: People Partner Content...
Global MGA United Risk completes Pinnacle Underwriting acquisition

1 week ago | insuranceasianews.com | Andrew Mullen

Global MGA United Risk completes Pinnacle Underwriting acquisition MGA Australia Asia Pacific Facultative Energy Political Violence M&A Distribution Specialty Underwriting Global property and casualty insurance underwriting and distribution platform United Risk has completed the acquisition of Australian specialty facultative reinsurance MGA Pinnacle Underwriting, accor... MORE FROM: MGA Partner Content...
Strait of Hormuz tanker collision highlights dark fleet dangers, but not seen as war event

1 week ago | insuranceasianews.com | Andrew Mullen |Joana Nguyen |Kristina Shperlik

Strait of Hormuz tanker collision highlights dark fleet dangers, but not seen as war event Analysis Middle East Global Marine P&I Canopius Group A collision and subsequent fires aboard two tankers off the coast of the United Arab Emirates are not being viewed as a "market-changing" event, but highlight the dangers of the so-called dark fleet, ... MORE FROM: Analysis Partner Content...
WTW promotes Catherine Tait to New Zealand construction manager

1 week ago | insuranceasianews.com | Andrew Mullen

WTW promotes Catherine Tait to New Zealand construction manager People Insurance brokers New Zealand Construction WTW WTW has promoted Catherine Tait to the role of national manager for construction in New Zealand, according to a LinkedIn update. Tait (pictured) will lead WTW's New Zealand construction business, and ... MORE FROM: People Partner Content...
New Zealand 'cannot afford' to continue down current path as climate risks grow: IAG

1 week ago | insuranceasianews.com | Andrew Mullen

New Zealand ‘cannot afford’ to continue down current path as climate risks grow: IAG New Zealand Catastrophe IAG IAG New Zealand New Zealand is rapidly approaching a fork in the road amid the increasing threat posed by climate change, and is heading down a path it "cannot afford", according to IAG, after a survey revealed New Z... MORE FROM: Catastrophe Partner Content...