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IUMI 2025 wrap: Marine insurers chart new opportunities amidst changing tides in geopolitics and macroeconomics

September 12 2025

Marine insurers at IUMI 2025 discussed how data, AI and new risk models are reshaping cargo and compliance coverage in a fragmented global trade landscape.

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Chinese insurers outpace rivals in renewable energy insurance growth

September 11 2025

IOF data shows PICC posted US$89m in renewable energy premium growth.

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Tokio Marine & Nichido targets full strategic equity disposal by 2029 as AM Best affirms A++ rating

September 11 2025

The Japanese insurer also saw its combined ratio improve in 2024.

Sompo Japan expands Commercial Insurance business with new talents

Sompo Japan taps Thienenkamp as COO, Commercial Business and Ohashi as Head of Financial Lines

September 11 2025

Heiko Thienenkamp moves from AIG while Hiroki Ohashi joins from Chubb.

DUAL ties up with KYND platform for new cyber risk support tools in Australia, New Zealand

September 11 2025

Beyond ANZ, the MGA plans to implement KYND Signals Report and KYND ON tools across the entire group.

Marine insurers urged to harness data for political risk pricing

September 11 2025

Insurers stand to use enhanced data visibility and AI to better assess tariff, compliance and trade disruption risks, transforming how political-driven risk is managed.

Global offshore energy insurance premiums drop 7.9% as market capacity swells despite safety gains: IUMI

September 11 2025

High claim costs and competitive pressures squeeze profits even as 2024 sees no major disasters in the sector.

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Global cyber growth decelerates sharply amid competition, stagnant demand, and despite intensifying risks: Moody's

September 11 2025

Asia Pacific continues to be viewed as one of the untapped regions for cyber market growth.

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Singapore to expand war risks mutual as geopolitical tensions reshape maritime insurance

September 10 2025

Singapore’s government backs SWRM’s growth and seeks new industry partners amid global supply chain disruptions.

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Japanese insurers see solar power claims payouts surge to US$304m due to nat cats, theft: Report

September 10 2025

Leading Japanese non-life insurers have seen a marked rise in solar power claims in fiscal 2024, with the trend expected to continue.

Andrew Cons_General Manager_bolttech Indonesia Left and Pak Suwandy_Country Head_BYD Denza Harmony Auto Right

Bolttech partners with Harmony Auto to launch embedded BYD insurance in Indonesia

September 10 2025

Insurtech’s first mobility partnership in Indonesia offers specialised coverage for electric vehicle drivers as the country aims for 2 million EVs by 2030.

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Sompo adopts WTW tech for global, non-life predictive pricing strategy

September 10 2025

Sompo has adopted WTW's Radar platform to speed up pricing decisions and improve risk assessment, starting with its direct motor insurance unit.

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