Asia Pacific
International re/insurers are looking to Asia Pacific markets for growth opportunities
HDI Global opens office in Seoul
Industrial insurer expands presence in Asia-Pacific region
Perils estimates A$2.6bn losses from Australia's November storms
Estimate covers property and motor hull lines of business, following a series of weather events that affected Queensland and New South Wales late last year
Aon renews Client Treaty facility for 2026
Broker expands Lloyd’s cross-class facility to include facultative reinsurance clients and aviation and space offering
Australian terror pool issues notice on Bondi shootings
Cover becomes effective if federal minister declares shootings an act of terror
Perils pegs Australia east coast severe storm losses at A$1.1bn
The severe convective storms largely affected Queensland, New South Wales and Victoria in late October and early November
HDI names Schraa head of marine in Singapore
Carrier hires Axa XL senior underwriter to develop regional marine portfolio
QBE names Tjornelund head of Asia marine underwriting
Tjornelund will oversee QBE Asia’s strategy for its marine underwriting portfolios and facultative reinsurance business
Meeting Japan’s offshore wind ambitions
Low land availability and a mountainous landmass limit the possibility for the large-scale development of solar and onshore wind infrastructure but, as an archipelago, Japan has coastline in abundance
Britannia and Japan Club join rate hike trend with 5% increase
To date 10 International Group affiliates are raising 2026 prices, with remaining two expected to follow suit
London risks underestimating Apac cyber market: Gallagher Re
'There’s even more capacity in Apac than we realised before,' reinsurance broker's international cyber lead, Jen Braney, says
Thailand insurance regulator publishes AI rules
Regulatory emphasises governance, transparency, security and non-discrimination
Philippines partners with Willis on parametric insurance for small-scale fishers
Cover uses a parametric index based on wind speed, rainfall and sea conditions, calculated over five-day periods and benchmarked against historical data
Howden launches marine business in Japan
Brokerage expanded into Japan last year
Gallagher Re launches Apac cyber framework
Reinsurance broker looks for cyber growth in international markets
Canopius names Rudd COO for Apac
Specialty carrier hires Arch Underwriting director to support Asia-Pacific growth
Australian regulator proposes changes to ease ILS access
Regulator proposes changes to capital calculations for single-peril reinsurance and requirement for reinstatement contracts
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