CRA Newsletter
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Asia
Singapore ranked fifth in 2025 FM Resilience Index
Singapore is ranked fifth in the 2025 FM Resilience Index, which lists the world’s most resilient business environments. It is…
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People Moves
Swiss Re Corporate Solutions appoints McGrath as CUO and unveils new country units
Swiss Re Corporate Solutions has announced that Katie McGrath will replace Kera McDonald as chief underwriting officer (CUO), when McDonald…
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Asia
Hong Kong’s insurance-linked securities pilot grant scheme extended for three years
The Insurance Authority of Hong Kong has welcomed policy initiatives announced in the 2025-26 Budget by financial secretary Paul Chan,…
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Asia
Australian cyclone pool covers over 3.1m buildings
The Australian cyclone pool now covers more than 3.1m buildings against financial loss from cyclones, with an aggregate building exposure…
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Asia
India’s regulator forms review panel to look into industry reforms
The Insurance Regulatory and Development Authority of India (IRDAI) has formed a high-powered committee to review significant changes to the…
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Asia
Air India locks in $20bn fleet insurance with no premium hike
Air India has secured a $20bn insurance cover for its expanded fleet following the Vistara merger, maintaining existing premium rates,…
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Asia
Rising pollution in Delhi may drive up health insurance premium by 10-15%
Health insurance premiums in Delhi could rise as health insurers consider factoring the impact of air pollution when pricing the…
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Asia
Insurers make progress after Australian floods but still more to do
A new report from Deloitte highlights the progress the insurance industry has made since Australia’s most costly extreme weather event…
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Asia
Australia’s terrorism reinsurance pool finalises 2025 retrocession programme
Australia’s terrorism reinsurance pool, administered by ARPC, has finalised its retrocession programme for 2025. The retrocession of $2.15bn, plus ARPC’s…
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Asia
Munich Re appoints Hanh Nguyen as head of Treaty P&C Underwriting for Southeast Asia and India
Munich Re has announced that Hanh Nguyen has been appointed head of Treaty P&C Underwriting for Southeast Asia and India. …
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GRM Insurance
QBE reports 31% increase in net profit
QBE has reported a 31% increase in its 2024 statutory net profit after tax to $1.78bn, from $1.36bn in 2023.…
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Asia
Zurich reports strong P&C growth in Asia Pacific
Zurich delivered strong results in Asia Pacific for 2024, with P&C gross written premiums (GWP) increasing by 12% to $3.96bn,…
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Asia
Aon study highlights growing employee dissatisfaction in Hong Kong
More than half (63%) of workers in Hong Kong are considering changing employers in 2025, while 17% of workers feel…
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Asia
Insurance M&A activity down in Asia Pacific in 2024, says S&P
There were 77 deals targeting insurance underwriters, insurance brokers or insurance technology companies in Asia Pacific in 2024, compared with…
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Asia
APAC motor insurance industry to grow by 5.6% in 2025, says GlobalData
The motor insurance industry in the Asia-Pacific (APAC) region is expected to grow by 5.6% in 2025, driven by increased…
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Asia
Tokio Marine reveals raft of top management changes
Japan’s Tokio Marine Holdings has announced a swathe of senior management changes following the announcement of its third-quarter results. All…
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Asia
Markel boosts Singapore marine and energy team
Markel has announced the appointment of Alicia Leong as head of marine liabilities in Singapore. Leong will oversee the US-based…
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Asia
Aon appoints Jennifer Richards CEO Asia Pacific
Aon has announced that Jennifer Richards has been selected as CEO of its Asia Pacific business, effective 1 March. Richards…
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Asia
Hong Kong SMEs waking up to cyber threat
SMEs in Hong Kong are becoming more aware of the cyber risk threat to their business not least because they…
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Asia
IRM creates Malaysian group
The Institute of Risk Management continues its expansion in Asia with the creation of a new Malaysia group and founding…