Soft market conditions in the APAC reinsurance market are likely to put pressure on margins and raise risk-management challenges for reinsurers, says Fitch ratings in a new report.
Allianz Trade has appointed Mr Hassan Omaish as CEO for Hong Kong, South Korea and Taiwan (collectively the Hong Kong Hub), effective 1 October 2025.
Specialist MGA platform and wholly owned subsidiary of The Fidelis Partnership, Pine Walk, has launched Arenite Specialty.
Great Eastern has appointed Ms Kwek-Perroy Li Choo as managing director for group integrated propositions and platforms. In this newly created role, she will lead teams responsible for customer segments and experience, product development, digital platforms, brand, marketing and communications in the Great Eastern Group.
At the 2025 Allianz China Summit in Shanghai, Allianz (China) Insurance Holding Co general manager Lin Shuncai said the company aims to quadruple its China business within five years, leveraging its global service network to support Chinese firms expanding overseas.
Canopius has appointed Mr Ray Wong as energy underwriter. According to Mr Johnny Kim, Canopius head of energy and construction, APAC, Mr Wong's technical depth and commercial mindset make him an excellent addition.
Kennedys, a global litigation and dispute resolution firm with a specialisation in insurance, has promoted Mr Ben Forrest (Sydney) and Mr George Abraham (Melbourne) to special counsel for insurance in Australia.
Tokio Marine Kiln has appointed Ms Phoebe Liew as special risks underwriter, focussing on credit and political risk.
Howden has appointed Ms Rebecca Poon as chief client officer, according to news platform Hubbis. She will join Howden after completing the contractual obligations to her current employer.
In 2000, just 6% of the Asian population was aged 65 and above and this is estimated to reach around 10% in 2025 and is projected to further climb to nearly 20% by 2050 according to Swiss Re.