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'Shadow fleet' vessel collides with Singapore-flagged tanker, Hafnia Nile

July 20 2024

Collision will again spark discussion about insurance implications of the growing shadow fleet.

insurers-facing-claims-surge-after-crowdstrike-software-update-causes-global-tech-outage

Insurers brace for surge of claims after antivirus update causes "largest IT outage in history"

July 19 2024

Economic losses could run into the tens of billions, with claims set to trigger across multiple lines of business, notably BI, cyber, and travel.

indonesia-looks-set-to-mandate-third-party-liability-motor-insurance-from-january-2025

Indonesia set to mandate third-party liability motor insurance from January 2025

July 19 2024

Move has been much anticipated by the insurance industry, but presents greater risks alongside the increased opportunities.

Swiss Re: Nat Cat losses set to double over the next 10 years

July 19 2024

Geopolitical risk is also on the rise with the reinsurer warning that SRCC events are also more likely over the next 12 months.

indian-health-insurance-industry-to-surpass-us23bn-by-2028-forecasts-globaldata

Indian health insurance segment to surpass US$23bn by 2028, forecasts GlobalData

July 18 2024

Health insurance GWP set to grow at a 12.8% CAGR, driven by regulatory changes, digitalisation, and increased healthcare awareness.

FM Global Rebrands as FM

July 18 2024

New logo and tagline reflects FM's evolving business and impact, the commercial property insurer said.

manulife-asia-appoints-qiu-as-chief-distribution-officer-and-srivastava-as-chief-agency-officer

Manulife Asia appoints Qiu as Chief Distribution Officer, Srivastava as Chief Agency Officer

July 18 2024

Bonnie Qiu (pictured left) joins from HSBC, while Rishi Srivastava (pictured right) moves from AIA.

howden-hk-appoints-flora-fong-as-executive-director-for-business-strategy-amp-growth

Howden HK names Flora Fong as Executive Director for Business Strategy & Growth

July 18 2024

Fong joins after 14 years at Marsh.

AAPowerLink project gets key environmental approval

July 18 2024

The immense Australia-Asia Power Link project will test the insurance market with its vast scale and complex renewable energy infrastructure.

Arch Insurance Australia taps Alex Mackinnon as Executive Assurance Underwriting Manager

July 18 2024

Mackinnon joins from AIG where he was Management Liability Practice Lead.

Annual insurance patents for clean energy and carbon capture doubles since 2014: GlobalData

July 17 2024

The insurance industry's move towards net-zero is evident in the rise of published patents.

William Shaw appointed Deputy CEO at Texel, Angela Chang promoted to MD for Asia

July 17 2024

Shaw (pictured left) was Texel Group's fourth employee in 2003 and established Texel's Asia operation in 2012, while Chang (pictured right) is elevated after joining in 2022.

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