Marsh ends 48-year Thailand joint venture
The transaction took effect on 1 July 2026 and its financial terms remain undisclosed. Marsh has taken full ownership of its Thailand operations, completing a buyout of its joint venture…
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Aon secures over $26m in APAC transaction claims
Disclosure failures and inaccurate accounts rank amongst the region’s main loss drivers. Transaction risk insurance is becoming more important in Asia-Pacific (APAC) as Aon secured more than $26m in claims…
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APAC disaster insurance trails G7 at 0.83% of GDP
Governments, businesses and households must absorb costs that policies do not pay. Asia-Pacific economies have less insurance cover against natural disasters than major developed markets, leaving governments, businesses and households…
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Aon taps 25-year veteran to scale APAC analytics
He previously ran Standard Life Asia and managed Hong Kong and Macau for WTW. Aon plc has named Sean Deehan as CEO of Strategy and Technology Group for Asia-Pacific. Based…
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Marine insurance faces higher risks as wars drive premiums up
Red Sea attacks pushed war risk premiums to 0.7% of vessel value. Geopolitical tensions, conflicts, and sanctions are changing risk assessments in the marine insurance market as insurers reassess risk…
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PICC HK chases inward reinsurance growth
Investment returns still support overall profit whilst core insurance results remain thin. The People’s Insurance Company of China (Hong Kong), Limited (PICC HK) is expected to grow its inward reinsurance…
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Asian insurers tighten renewable project cover
Large utility schemes still receive competitive terms when designs and data meet underwriter standards. As Asia is driving 74.2% of new global renewable energy capacity in 2025 by adding 513.3…
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Cambodia insurance policies plunge 51% despite premium rise
General contracts fell 63.51% while life contracts dropped 45.41%. Cambodia’s insurance market recorded gross premiums of $28.49m in May 2026, up 1.61% from $28.04m in May 2025, according to the…
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Fortegra deal tests DB Insurance’s capital strength
Hybrid securities supported the year-end 2025 BCAR assessment. DB Insurance is foreseen to recover through earnings, after a potential hit on its risk-adjusted capitalisation from the acquisition of The Fortegra…
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Broker market forecast to grow 9.1% annually to $653.4b
The industry was valued at $277b in 2025. The global insurance brokers and agents market is expected to grow to $653.4b by 2035 from an estimated $299.6b in 2026, representing…
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