Abundant insurance capacity and strong competition continue to create favourable conditions for commercial insurance buyers across most major lines of business, according to global insurance broker Aon in its Q2 2026 Global Insurance Market Insights report.
Geopolitical instability, accelerating digitalisation and the global shift toward clean energy are reshaping Singapore's maritime insurance sector, according to Mr Cao Yueming, Vice President of Marine at MSIG Insurance (Singapore).
Tysers Singapore has appointed Ms Prantika Sengupta as Director of Marine Claims and Client Relations.
Verisk's Catastrophe and Risk Solutions group has estimated insured losses of the 6.8 magnitude earthquake that struck near Kumamoto City in Japan on 28 July to be between JPY220bn ($1.4bn) and JPY340bn.
MS Amlin has appointed Ms Laura Hobern as Chief Actuary, effective 4Q2026 and subject to regulatory approval.
The Lloyd's Market Association (LMA) has published a new model wording for use by marine (hull) underwriters, addressing the position where a transit fee, toll or other charge is paid for a vessel to pass through Iranian territorial waters or otherwise to transit the Strait of Hormuz.
Markel Insurance, the insurance operations within Markel Group, has appointed Mr Abbas Choker as CFO, APAC.
Crescent Egypt Insurance Brokers has welcomed Dr Mahmoud Ahmed El-Sherif as Chief Commercial and Marketing Officer.
Tower Insurance has appointed Mr Len Elikhis as CFO, subject to completion of regulatory processes and effective 2 November 2026.