Retentions and reinsurance pricing are among the key focus areas for Asia Pacific (APAC) cedants ahead of the January renewal season, Guy Carpenter’s CEO for the region has said.

Aon’s Brad Weir and Tom Mortlock discuss the trends impacting the Asia Pacific reinsurance market.

Creating financial resilience for sustained progress in renewable energy in Asia will require greater collaboration, research, external capital and a seat at the table for insurance.

This year’s Singapore International Reinsurance Conference (SIRC) has seen another record attendance, with 3,300 delegates on site for the last major event in the annual international conference season.

More than one-quarter of recent university graduates in Singapore do not see insurance as an attractive career option, with top factors including limited career growth opportunities and lack of information about the industry, new research by Canopius has found.

An increasing number of capacity providers are targeting India as they look to expand their footprint in the Asia Pacific region, according to Aon’s John Morley.

Seadrif Insurance Company’s recently appointed executive director has vowed not to compete with the private market as the disaster risk pooling initiative seeks to expand its membership across the ASEAN+3 region.

Lloyd’s will celebrate the 25th anniversary of the launch of Lloyd’s Asia in Singapore later today, with the platform set to pass the $1bn premium mark in 2024 having narrowly missed the milestone last year.

Industry sentiment continues to point towards broadly flat property catastrophe reinsurance renewals as this year’s international conference season concludes in Singapore today, with recent reinsurer gains on terms and conditions likely to be maintained at 1.1.

Clients across Asia are looking to purchase more reinsurance to de-risk their peak perils, according to Swiss Re’s Victor Kuk.

Rob Saville, TransRe’s president of Asia Pacific, outlines where he sees the reinsurance opportunities and risks in this fast-growing region.

Aon’s Asia Pacific Capital Advisory leader Yen Chu Choo analyses how (re)insurers in the region are approaching capital markets and optimisation and identifies areas of improvement.

Insurance CEOs are being tasked with ensuring 2025 is a year of growth after a challenging period post-pandemic. How do they go about it?

Singapore’s reinsurance premium base grew 31 percent to S$27.6bn ($20.9bn) last year, according to Monetary Authority of Singapore (MAS) data, representing around 21 percent of Asia’s overall reinsurance market.

Asia Pacific marine premiums continued their recent upward trend in 2023, rising to almost $11bn.