Specialty

APRA imposes additional capital requirement on Pacific International Insurance

November 1 2024

Additional AU$10m (US$6.58m) requirement applied after review finds inadequate oversight and control of its insurance intermediary arrangements.

Qubit taps Damian Lynch as new Chief Underwriting Officer of Digital Asset Insurance

October 31 2024

He joins a four-year stint with Fusion Specialty, where he was most recently Managing Partner.

Rates easing but APAC remains an attractive growth prospect for reinsurers - S&P

October 31 2024

S&P forecasts stable credit ratings for APAC reinsurers despite geopolitical and natural catastrophe risks.

Allianz Trade launches Surety Green2Green initative

October 30 2024

Initiative aims to back low-carbon projects and channel premiums into green bonds.

education-and-technology-key-to-scaling-parametric-solutions-panelists

Education and technology key to scaling parametric solutions: panellists

October 30 2024

Experts at Hong Kong Fintech Week discussed potential solutions to Asia's growing protection gap.

p-and-i-clubs-heading-for-5-rate-rises-in-2025

P&I Clubs heading for 5% rate rises in 2025 - S&P

October 30 2024

Despite low level of claims in recent years, marine rates are are likely to rise again next year.

wtw-launches-crb-brokerage-service-in-japan

WTW launches CRB insurance brokerage service in Japan

October 29 2024

Corporate Risk & Broking expansion targets large corporates and firms with global interests, in specialty lines such as energy, marine, aviation, cyber, and construction.

Michael Fletcher joins HDI Australia as Engineering Underwriting Manager for Northern Region

October 29 2024

Fletcher joins from Chubb where he was Deputy Technical Lines Manager.

BMS Re taps Heath Jose as APAC Business Development Lead for Fac

October 29 2024

Jose joins the Lloyd's broker from Aon where he was Head of Growth for Reinsurance Solutions in Singapore.

Tysers elevates Rai to CEO Singapore and Furness-Smith to Head of Marine for APAC

October 29 2024

Babita Rai and William Furness-Smith bring extensive industry experience to their new roles.

Risks and regulation leaves APAC insurers cautious about insuring Metaverse assets

October 29 2024

Just one in four Metaverse-related applications approved by OneInfinity, but insurance appetite remains for the nascent industry.

tokio-marine-kiln-appoints-alexandros-ampatzis-as-apac-marine-head

Alexandros Ampatzis joins Tokio Marine Kiln as Head of Marine for APAC

October 28 2024

Ampatzis joins from Starr, as TMK to fuel its marine growth ambitions in the region.

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