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Emerging risks | Growth Opportunities | APAC Insurance

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Thursday, October 22, 2026

News

marsh-brokers-deal-with-lloyds-to-underwrite-us50m-war-risk-facility-in-black-sea-corridor
Marsh, Lloyd's launch US$50m war risk facility in Black Sea corridor
November 16 2023
Deal brokered a week after fatal missile strike on Philippines-owned vessel, KMAX Ruler, caused premiums to soar.
macquarie-acquires-15-stake-in-envest-group-report
Macquarie acquires 15% stake in Envest Group
November 16 2023
Macquarie Capital Principal Finance acquires 15% stake in Envest, whose aggressive growth strategy has seen it acquire 27 businesses in 2023.
india-considering-reallocation-of-terrorism-pool-funds-to-nuclear-or-marine-pools-report
India considering redistribution of US$1.8bn terrorism pool capacity to nuclear and import risks: Report
November 15 2023
GIC Re and P&C insurers deliberate reallocating portion of 150bn rupee (US$1.8bn) terrorism pool toward mitigation of risks related to nuclear energy and sanctioned imports.
sun-life-singapore-and-prudential-financial-advisers-partner-on-hnw-life-product
Prudential Financial Advisers to distribute Sun Life Singapore HNW life product
November 15 2023
Partnership enables PFA to offer the 'SunBrilliance Indexed Universal Life' product to its affluent and high-net-worth clients.
towers-refund-costs-for-discount-errors-soar-to-nz11-2m
Tower's refund bill for discount miscalculations rises to NZ$11.2m
November 15 2023
CEO apologies after expected remediation costs for multi-policy discounts errors increases from NZ$6.2m (US$3.7m) to NZ$11.2m (US$6.7m).
gallagher-expands-australian-presence-with-acquisition-of-edgar-insurance-brokers
Gallagher expands Australian presence with acquisition of Edgar Insurance Brokers
November 14 2023
Gallagher has acquired Victoria-based broker which specialises in servicing sectors including rural and farm, hospitality, transport, and trades.
surge-in-insurance-fraud-hits-historic-high-in-south-korea-report
South Korean insurance fraud hits historic high in H1 2023: Report
November 14 2023
Insurance fraud surges 21.8% in first half of the year, with a spike in cases involving industry professionals and organised crime.
independent-panel-appointed-for-review-of-australias-2020-general-insurance-code-of-practice
Independent panel appointed for review of Australia's 2020 General Insurance Code of Practice
November 14 2023
The panel to be led by former APRA Deputy Chair Helen Rowell and will aim to enhance consumer protections and modernise industry standards.
tokio-marine-holdings-announces-new-disaster-prevention-and-mitigation-venture-tokio-marine-resilience
Tokio Marine announces new disaster prevention and mitigation subsidiary, Tokio Marine Resilience
November 13 2023
The wholly owned subsidiary will provide disaster prevention and mitigation solutions.
major-australian-port-operator-hit-by-serious-cyber-incident
Major Australian port operator hit by serious cyber incident
November 13 2023
DP World Australia, which handles 40% of the nation's maritime trade, was hit by a disruptive cyberattack on Friday.
am-best-assigns-stable-outlook-predicts-steady-growth-for-new-zealands-non-life-segment
AM Best assigns stable outlook, predicts steady growth for New Zealand's non-life segment
November 13 2023
Despite two record nat cats in 2023, excess-of-loss reinsurance, strong capital adequacy, and inflation should provide stability and growth for NZ non-life market, though constrained reinsurance capacity...
iag-joins-australian-cyclone-reinsurance-pool
IAG joins Australian Cyclone Reinsurance Pool
November 13 2023
Insurance Australia Group joins Cyclone Pool, while advocating for more investment in disaster risk reduction and stronger national building codes.
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Banner for 22nd SIRC: 'Capacity to Capability'—Building resilience through innovation; futuristic city skyline with a glowing highway; Nov 1–5, 2026 at Sands Expo & Convention Centre.