Pacific rates continue to decline, falling 11% in Q2: Marsh

Asia insurance rates drop 5% in Q2 2025, sixth straight quarter of decline: Marsh

Property rates down 5%, while casualty placements saw a 2% decline, and finpro and cyber rates fell by 7%, according to the broker’s Global Insurance Market Index.

Zurich’s David Wang joins Starr Insurance as APAC head of financial lines

Wang spent almost 15 years in a variety of financial lines underwriting roles with Zurich.

Aon leadership trio take on expanded roles

Jennifer Chan, Richard Tan, and Mike Ang will take on new responsibilities to drive growth and client engagement across Singapore, Indonesia, and Malaysia.

Financial lines rate reduction should bottom out as potential large losses loom: Frontier Global’s Joel Pridmore

Sector faces significant challenges, including major litigation such as class actions, regulatory scrutiny of Australian superannuation funds, cyber events, greenwashing, and the risk of under-reserving.