Specialty

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Munich Re Specialty launches parametric earthquake cover for Japan corporates via Lloyd’s platform

July 28 2026

The trigger-based product uses data from Kik-net and K-NET seismic monitoring networks.

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Willis warns data centres against overbuying insurance as capacity reaches US$15bn

July 28 2026

Risk quantification and resilience investment can help operators align coverage with actual exposures, the broker said.

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Aon launches AI risk assessment for enterprise clients

July 28 2026

The tool is designed to help organisations identify governance gaps and emerging exposures as AI adoption accelerates across industries.

Berjaya Sompo hires Ying Ying Lee as head of marine and aviation

July 27 2026

The move adds deep marine liability expertise to Berjaya Sompo's leadership bench.

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APAC ransomware activity hits record even as cyber rates keep falling: Howden

July 27 2026

Behind the softer pricing lies a market propped up by excess capacity, with the report warning that a retreat by just a handful of dominant reinsurers could trigger a rapid reversal.

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BirdsEyeView signs multi-year nat cat modelling deal with Market Lane

July 24 2026

The Lloyd’s coverholder will use the cat risk technology company's platform to assess risk and manage underwriting exposures.

Red and black tugboat with equipment on deck sails in calm sea, a distant pier visible on the horizon.

Lloyd's Market Association moves to end cover for ships paying Iran's Hormuz transit toll

July 24 2026

New model wording excludes cover for transit-related payments and ends cover for the vessel where such a payment breaches sanctions or terrorism law.

pacific-posts-third-straight-quarter-of-double-digit-commercial-insurance-rate-declines

Asia commercial insurance rates fall 5% in Q2 as global market softens for eighth straight quarter

July 23 2026

Marsh said excess capacity, lower reinsurance costs and increased competition continued to drive rate declines.

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Asia D&O rate cuts slow as board scrutiny intensifies: Howden

July 23 2026

Buyers still hold the advantage, particularly on excess layers, but underwriting discipline is returning after years of soft conditions.

Price Forbes Singapore hires Craig McCoig-Lees to lead casualty MGA expansion

July 22 2026

The hire adds further momentum to Price Forbes' Asia Pacific buildout, with the broker continuing to invest in specialty and reinsurance talent across the region.

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