India’s foreign ministry spokesperson, Randhir Jaiswal, said...
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Wildfires, storms, floods contribute to record 92% of global insured losses in 2025:Swiss Re
``According to our modelled peak-loss scenario, insured losses...
West Asia Crisis: Higher underwriting uncertainty in global terrorism and political violence insurance markets
For insurers and reinsurers, the key issue is not only the...
Munich Re and New India provide first ever large parametric Pandemic Resilience cover to Mumbai’s biggest mall Phoenix Mills
``Munich Re is supporting these solutions with reinsurance capacity, however due to nature of pandemic risks no insurance balance sheet, not even one as strong as Munich Re’s, can absorb the potential losses alone. To make the consequences of a pandemic/epidemic...
GIC Re’s Credit Ratings affirmed as “A-” (Excellent) by AM Best
General Insurance Corporation of India (GIC Re), a leading global reinsurer, has received an affirmation of its Financial Strength Rating (FSR) and Long-Term Issuer Credit Rating (ICR) from AM Best, a globally recognized credit rating agency. AM Best has affirmed GIC...
Susan Panuccio to join Howden as Group Chief Financial Officer
Susan Panuccio, Group Chief Financial Officer-designate, Howden Susan will join Howden after more than two decades with News Corp, having spent the last eight years as Chief Financial Officer and as a core part of the leadership team that...
Aon bolsters its broking capabilities with two senior leadership appointments
Both appointments are effective immediately, with Michelle and Lucy based in London and reporting into Rob Kemp, chief executive officer (CEO) of Commercial Risk for Aon UK LONDON: Global re/insurance broker Aon plc has announced the appointments of Michelle Beverely...
Aon names Simon Chisholm as Asia Reinsurance Solutions chairman
Simon Chisholm, Chairman-designate, of Asia for Reinsurance Solutions In this role, Chisholm will lead the Reinsurance Solutions’ Global Clients Segment for the Asia region, with a continued focus on deepening relationships with key clients in Japan and Thailand...
SIRC announces panel line-up, anchoring conversations on Geopolitics, Sustainability and AI
Anchored on the theme “Staying Ahead, Future Ready”, the 21st edition will bring together global reinsurance leaders to tackle urgent challenges and opportunities in an increasingly volatile world Singapore: The Singapore Reinsurers’ Association (SRA) today announced...
Widening Protection Gap: Role of Specialty Brokers
“Specialty brokers are the connective tissue of the global insurance market. They act as strategic advisers — identifying emerging risks, building the data to make them insurable, aggregating demand for new solutions and uniting diverse sources of capital. In doing...
Rokstone expands Singapore Marine operation with senior hires
Rokstone Singapore is supported by a multi-year, $25 million Lloyd’s capacity agreement with Tokio Marine Kiln (TMK), covering marine classes including Construction (Builders Risk), Cargo, Hull, and Liabilities Singapore: Rokstone, the international specialty...
MS Amlin strengthens APAC team with three underwriting appointments
These appointments underscore MS Amlin’s commitment to growth in APAC and build on the momentum from the Australian branch opening earlier this year and the appointment of Matt Botfield as Head of Australia and New Zealand LONDON: MS Amlin, Lloyd’s global (re)insurer,...
Brokerslink appoints Tushar Thakker as its new regional manager for APAC region
The new Steering Team for Asia Pacific includes- Tony Lim, CEO of Acclaim in Singapore, David Withers – Managing Principal of PSC in Australia, Simon Wallington, CEO of CORNES in Japan, Stephen Chin, vice president of State Insurance Brokers in Malaysia Tushar...