News
AI boom's supply chain trap
1+ day, 12+ hour ago (768+ words) Resolution. IAG has reached a confidential settlement with Greensill Bank AG and its administrators in the US$2. 8 billion lawsuit in Australia. Last week, Insurance Asia News first reported that Greensill Bank's administrators were nearing a settlementwith its insurers, including Tokio…...
GIC Re's FY26 underwriting loss narrows to US$224m, COR improves to 104. 66%
2+ day, 5+ hour ago (122+ words) She has over two decades of experience in general insurance, and was most recently vice president for marine insurance at Tata AIG General Insurance. Direct losses have been contained for the P&C and specialty insurance industry, the global credit…...
Michael Hannigan returns to AIG in Australia
4+ day, 3+ hour ago (139+ words) Sydney-based Wansey brings more than 30 years of experience, including 15 years at Marsh. Krishnamoorthy joins from commercial property insurer FM, where he spent more than two decades in roles across Bangalore and Singapore. Former customer contact centre head will be responsible…...
Beyond the canvas: APAC fine art and specie insurance boom fuelled by rising risks, shifting wealth patterns
6+ day, 12+ hour ago (158+ words) GC Access' Steve Warwick highlights strong expansion potential, with MGAs generating new business through talent and technology. Escalating clashes in the key waterway have forced insurers to radically reduce deployment and recalibrate pricing in near real-time, industry insiders say. Themes…...
'We get Asia, we're committed, we're long term': Miller charts selective growth in Japan, South Korea, and beyond
1+ week, 2+ day ago (162+ words) Regional CEO talks to Insurance Asia News about the ongoing rate softening, the new India joint venture, and the conflict in the Middle East. CEO Min Hung Cheng tells Insurance Asia News about the non-profit organisation's three interdependent layers of…...
Willis debuts 'tailored' carbon capture insurance solution across full project lifecycle
2+ week, 3+ day ago (127+ words) He will lead Ardonagh's efforts to build a pan-Asian MGA at scale. Hails has been with Gallagher Re since September. Sydney-based Casamento joins from QBE Insurance, where he spent over a decade in claims roles. Surging capacity and better data…...
Once-in-a-lifetime opportunity: Asia's data centre boom tests insurers
2+ week, 4+ day ago (139+ words) Surging capacity and better data are softening the region's market, but fire risk, equipment failures and evolving standards continue to test underwriting discipline. Demand for carbon offsets is rising " but without insurance, analysts warn many credits may never reach the…...
'Expectation vs. experience is the opportunity': Vietnam's TCGIns doubles down on AI, health, SME insurance
2+ week, 6+ day ago (170+ words) Tokio Marine Holdings' green insurance unit is gaining traction in the green transition insurance market " yet finds itself at a 'crossroads', Fraser Mc Lachlan tells Insurance Asia News. CEO Raunak Mehta tells Insurance Asia News' Between the Lines podcast about…...
Cyber's promise facing a confidence gap?
3+ week, 1+ day ago (869+ words) M&A spotlight. BP Marsh-backed Australian underwriting agency ATC Insurance Solutions has acquired Frontier Global Underwriting, a specialty financial lines MGA and London market wholesale broking group. Frontier founders Sophie Fraser and Joel Pridmore will continue to lead the business…...
MS Amlin launches industry-first property treaty consortium, boosts line size by 35% to US$67. 5m
3+ week, 3+ day ago (128+ words) Insurance industry's annual global diversity, culture, and talent festival will end after the 2026 event in September. From the UK to Asia Pacific, London's insurance market steps up its fight for a level playing field amid rapidly shifting regulatory regimes. He…...