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Emerging risks | Growth Opportunities | APAC Insurance

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Wednesday, August 12, 2026

Commercial property

Dave Wong, property underwriter for Hong Kong, Macau, and Taiwan at Sompo, in front of Hong Kong's城市.
Sompo names Dave Wong property underwriter for Hong Kong, Macau, and Taiwan
August 11 2026
He brings a decade of GI experience to the role.
Sydney skyline with modern skyscrapers in Australia, reflecting a vibrant financial hub.
Asia's commercial insurance market remains soft as AI sharpens underwriting — Aon
August 10 2026
Property, cyber and D&O buyers benefited from softer pricing in Q2, while underwriters applied greater scrutiny to casualty, auto and catastrophe-prone risks.
Tilted modern office building leaning over a street, with orange cones and scattered debris.
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.
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.
sompo-holdings-to-restructure-into-two-global-segments
Sompo to acquire Brazil's Fator Seguradora to boost global specialty business
July 22 2026
The deal hands the Japanese insurer a Brazilian underwriter with strength in property, surety and financial Lines.
Two firefighters in full turnout gear with red helmets and breathing apparatus walk near a fire engine.
Fire at South Korea's Coupang logistics hub raises liability questions — Report
July 22 2026
A reported KRW380bn (approx. US$257m) property policy covering Coupang's Incheon logistics centre is under scrutiny as investigators work to determine liability for the fire.
Fallen tree blocking a city street after a typhoon in China, causing disruption.
China insurers field 380,000 claims as July typhoon, flood claims approach US$1bn
July 17 2026
The figures cover losses from typhoons Maysak and Bavi and wider July flooding, with insurers having already advanced CNY2.89bn (US$427m) to policyholders across Zhejiang, Guangxi and Hubei.
Charred cafeteria interior with ruined tables and stools; search-and-rescue workers in orange vests inspecting the scene.
Dhipaya identified as lead insurer in deadly Bangkok pub fire
July 14 2026
The venue was insured under a fire policy with total coverage of THB40m (US$1.19m).
stability-returns-to-australian-property-segment-in-1-7-renewals
Middle East conflict fuelling new volatility in Australian claims costs — Crawford
June 11 2026
Higher fuel and freight costs are pushing up repair expenses and prompting contractors to change how they price and deliver claims work.
City skyline with glass skyscrapers overlaid by colorful translucent data-visualization waves, conveying analytics in an urban setting
QBE's Middle East conflict exposure estimated at US$60m as Fitch affirms ratings
June 11 2026
US$60m exposure is modest relative to QBE's earnings and capital strength, with no impact on its stable outlook.
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28 August
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