The syndicate expects to start underwriting on 1 January 2027 and provide multi-year reinsurance capacity across eligible treaties arranged by the broker.
The increase follows growing demand for committed capacity and marks the latest expansion of ACT, with facultative reinsurance emerging as a key area of growth.
Bilal Zafar, formerly of Volante Global, will lead the unit, which will write treaty reinsurance across four lines with capacity from Fidelis Syndicates 3123 and 2126.
Gallagher Re’s new APAC CEO Roshan Perera sees renewable energy, EV supply chains and data centres driving demand for specialist reinsurance and advisory solutions.
Marsh Re’s new Japan and Pacific heads, Andrew Hare and Justin Ward, say capital is reshaping the reinsurance conversation, from Japan’s solvency regime to growing interest in alternative capital in Australia...
Industry experts expect future asset-intensive reinsurance (AIR) growth to hinge on access to third-party capacity, suitable matching assets and demonstrable risk transfer.
The new reinsurance broker will initially serve Korea and Japan from Singapore before expanding into Southeast Asian markets including Malaysia and Indonesia.
XS Global has appointed former Gallagher Re Asia-Pacific chairman Mark Morley as managing director, Asia Pacific Treaty, the independently owned MGA announced on Friday.
Morley joins after more than...
