Asia Pacific
International re/insurers are looking to Asia Pacific markets for growth opportunities
Reinsurance demand up 10% at April 1: Aon
Reinsurance capital reaches record level of $785bn
Reinsurance pricing continues to soften at April 1
Pricing on Japanese cat XL programmes falls by up to 20%, as Middle East conflict had little impact on renewals, Howden Re reports
Hong Kong capital reforms ‘credit positive’
Hong Kong proposes easing of capital rules for natural catastrophe writers and branches of foreign reinsurers
Niyam secures Lloyd’s approval for Syndicate 2047
Syndicate will begin underwriting on 1 April to support India’s insurance market
Tokio Marine inks strategic partnership with Berkshire Hathaway
Berkshire Hathaway subsidiary National Indemnity Company to acquire 2.5% equity stake in the Japanese giant and provide whole account quota share reinsurance
Riverstone establishes Australia operation with acquisition
Legacy carrier inks A$400m transaction with Zurich
QBE Re names Tanaka head of Southeast Asia
Reinsurer hires senior underwriter from Aspen
Price Forbes expands Singapore treaty team
Brokers builds out reinsurance business in Singapore with senior hires from Miller and Arthur J Gallagher
US storms could cause billions in insured losses
Brokers peg insured losses from wave of severe convective storms in early March at low to mid-single billions of dollars
Perils lowers Cyclone Alfred loss estimate to A$1.87bn
Final industry loss estimate is slightly lower than third estimate of A$1.9bn
Hong Kong regulators open new GenAI sandbox
Insurance regulator hopes to contribute to ‘regional AI hub’
Australian insurers call for public flood defence fund
ICA says severe weather caused nearly $2.5bn in insured losses in 2025
Perils ups loss estimate for Australia’s November storms
Insured losses hiked to nearly A$3bn for New South Wales and Queensland tempests at the end of November
Australia bushfires losses exceed $500m: Perils
January bushfires in Victoria burned more than 4,000 square kilometres
Sompo completes $3.5bn Aspen acquisition
Mark Cloutier steps into advisory role as Aspen’s Stanford named Sompo UK chief executive
Santam opens reinsurance office in India
South African group’s branch will write marine, property, engineering and other reinsurance contracts
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