Specialty

Data issues challenge the growth of voluntary carbon market insurance

February 28 2024

Gross written premiums for VCM insurance could hit US$1bn by 2030 and up to US$30bn annually by 2050.

Singapore braces for surge in cyber insurance as prices stabilise

February 27 2024

Tighter rules for data centres may incentivise greater uptake of cyber cover.

Markel strengthens Cyber team with appointment of Ng Yao Hua in Singapore

February 26 2024

Ng joins the Markel team as Cyber Security Analyst.

Parametric agriculture insurance faces distribution hurdles in Asia

February 21 2024

Indemnity insurance fraud and problems with the bancassurance model mean creative approaches to distributing parametric insurance are needed.

howden-ceo-predicts-commercial-insurance-rates-will-flatten-this-year-report

Howden CEO says commercial rates should flatten this year - report

February 19 2024

In an interview with the FT, David Howden predicts increase in (re)insurance capacity and end to a 25-quarter hard market.

Gallagher Australia acquires mining sector specialist Ansin Insurance Brokers

February 19 2024

Acquisition of the Perth-based broker is Gallagher's first M&A activity of the year.

Asean renewables sector boosted by Green Pool move

February 19 2024

Asean Renewable Energy Pool is a pivotal move to help insure and promote renewable energy development in a region highly exposed to the impacts of climate change.

Japan P&I Club withdraws Red Sea war cover

February 16 2024

Association said it issued a notice of cancellation after its reinsurers decided to terminate support for war risks.

Insurance industry calls for Beijing engagement to help curb Red Sea attacks

February 15 2024

China and Hong Kong may be enjoying preferential insurance pricing, but supply chain risk is still a danger.

Skuld issues notice of cancellation for Red Sea War Risk cover

February 14 2024

Skuld announces cancellation of certain war risks after it received notice of cancellations from reinsurers.

axa-xl-creates-new-global-specialty-branch-and-appoints-anne-marie-elder-cuo

Global: Anne Marie Elder appointed CUO of AXA XL's newly created Global Specialty branch

February 9 2024

Elder is tasked with leading the strategic direction and supporting growth in Marine, Aerospace, and Specialty Niche portfolios.

agri-key-to-12-1-cagr-for-chinas-property-insurance-segment

Agri key to anticipated 12.1% CAGR growth for China's property insurance segment

February 9 2024

GlobalData forecasts gross written premiums to grow to CNY428.3bn (US$67.7bn) in 2028.

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