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Friday, October 23, 2026
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Asia bears 40% of Q1 nat cat economic losses: Gallagher Re
April 18 2024
Japan's earthquake contributes US$12bn of Asia's US$17bn in natural catastrophe losses, according to preliminary data.
Zurich climbs to third-largest general insurer in Hong Kong by GWP in 2023
April 17 2024
Zurich reports 12.8% GWP growth, Asia Insurance's GWP surges 36%, while AXA sees strong performance in premiums and claims, per IA data.
Howden launches war risk cargo product for Red Sea vessels
April 17 2024
Howden has quoted coverage up to US$150m per vessel, with Markel and Navium identified among the lead underwriters.
Hannover Re sponsors first-ever cloud outage cat bond
April 16 2024
US$13.75m Cumulus Re is modelled by Parametrix and uses a parametric trigger to protect Hannover Re against cloud outage loss accumulation in its cyber portfolio.
Strict and well-enforced building codes key to minimising Hualien earthquake losses: Guy Carp
April 15 2024
Disaster preparedness helps mitigate impact of the largest earthquake to hit the island in 25 years.
Aon appoints Shailendra Sapra as CEO of Reinsurance Solutions in India
April 15 2024
Sapra to be promoted from current role as Aon's Agriculture Leader for APAC and will commence his new position on 1 June.
Fitch revises outlook for six Chinese insurers to negative
April 15 2024
Move follows Fitch's China sovereign IDR outlook adjustment on 9 April.
BNP Paribas to acquire Ageas stake from Fosun
April 15 2024
BNP Paribas said it will acquire 9% holding for €730m (US$777m), though Fosun HKEX statement suggests 8.19% stake sale.
PERILS: Global nat cat insurance exposure rises 11.7%, Japan wind sees more modest growth
April 13 2024
2024 Industry Exposure Database shows global insured property assets hit US$111 trillion.
Nippon Life sets sights on India with approval of new Mumbai subsidiary
April 12 2024
Expansion in India aligns with group's ambitions to strengthen overseas operations.
Singapore Maritime and Port Authority receives seven insurance proposals for electric harbour craft initiative
April 12 2024
MPA's 2030 electric harbour vision gains momentum with seven insurance industry proposals.
CoreLogic lowers Taiwan Earthquake loss estimate to US$500m-US$1bn
April 12 2024
CoreLogic revises initial US$5bn-US$8bn insurable loss estimate, aligning with more closely with other industry figures.
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