Seadrif to establish Southeast Asia agricultural risk finance facility through Asean partnerships

Auto-fac market ‘not yet at scale for treaty purchase’, but ‘not dumping ground for bad risks’

Facility is emerging as a vital instrument to place risks that do not fit into existing treaties, Gallagher Re, Markel and Swiss Re say.

Increasing costs, reduced profitability main challenge for SMEs in Hong Kong and Singapore: QBE

In Hong Kong, staff acquisition and retention and labour shortage is the second biggest concern for 50% of SMEs, while in Singapore, 56% of respondents are worried about sales growth and reduced customer spending.

WTW expands CRB business in Japan with Marsh hire

Kohsuke Komorizono joins as head of risk and analytics, reporting to Roy Nakazawa, head of Japan and corporate risk and broking in the country.

While trade war threat looms for Asia, climate risk needs more than insurance: industry leaders

Marsh McLennan’s Carolina Klint says Asia is particularly exposed given its role in the world’s manufacture of goods.