Insurance Day is part of Maritime Intelligence

This site is operated by a business or businesses owned by Maritime Insights & Intelligence Limited, registered in England and Wales with company number 13831625 and address c/o Hackwood Secretaries Limited, One Silk Street, London EC2Y 8HQ, United Kingdom. Lloyd’s List Intelligence is a trading name of Maritime Insights & Intelligence Limited. Lloyd’s is the registered trademark of the Society Incorporated by the Lloyd’s Act 1871 by the name of Lloyd’s.

This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support +44 (0)20 3377 3996 / APAC support at +65 6508 2430

Printed By

UsernamePublicRestriction

Asia Pacific

International re/insurers are looking to Asia Pacific markets for growth opportunities

 

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

Property Losses

Australia bushfires losses exceed $500m: Perils

January bushfires in Victoria burned more than 4,000 square kilometres

Australia Property

Sompo completes $3.5bn Aspen acquisition

Mark Cloutier steps into advisory role as Aspen’s Stanford named Sompo UK chief executive

Sompo International Mergers and Acquisitions

Santam opens reinsurance office in India

South African group’s branch will write marine, property, engineering and other reinsurance contracts

Reinsurance India

QBE sells trade credit and surety business to Swiss Re

Sale is latest step in Australian giant’s portfolio optimisation strategy

Australia Asia Pacific

Miller names Divakaram head of treaty for Asia

Sailesh Divakaram joins from Gallagher Re to lead broker’s regional treaty expansion

Reinsurance People moves

Hong Kong regulator proposes changes to capital rules

Firms could exclude some foreign reinsurance from calculating capital base

Regulation Hong Kong

Liberty names Tong Singapore CEO

Jimmy Tong becomes Singapore chief executive of Liberty’s newly unified brand

Singapore Liberty

Perils raises Australia’s October storm loss estimate to A$1.5bn

Loss aggregator warns loss estimate could increase further

Property Losses

Steamship Mutual confirms capital retention strategy in ‘challenging period’

Claims for current policy year higher than expected but in line with wider market, P&I clubs says

London Specialty

Steamship Mutual opens Japan law office

Move will broaden members’ access to English law and claims advice

International Japan

Sullivan named Asia CEO of Gallagher Specialty

Executive will continue as chief executive of broker’s aerospace practice across Asia-Pacific

Asia Pacific Broker

Extreme weather cost Australian insurers A$3.5bn in 2025

Insured losses from ex-Tropical Cyclone Alfred surpass $1.5bn

Australia Property

QBE Re names Liu head of Greater China

Reinsurer continues expansion of Asia footprint

China Reinsurance

India premium growth to outpace China, US and Europe: Swiss Re

Swiss re/insurer forecasts Indian insurance premium annual growth will accelerate to 6.9% in next five years

India Swiss Re

Australian insurance association declares bushfires ‘catastrophe’

Economic losses from fires likely to reach hundreds of millions of dollars, according to Aon

Australia Property
See All
UsernamePublicRestriction

Register