AmTrust launches treaty property reinsurance unit. * by Gavin Souter AmTrust Financial Services on Tuesday launched East Reinsurance Services, a treaty property reinsurance operation focused on U.S. property and specialty business. East Re will provide proportional treaty reinsurance, with an emphasis on pro rata accounts covering E&S property, high-value homeowners, specialty property, inland marine and builders risk, among other segments, AmTrust said in a statement. The reinsurer is wholly owned by AmTrust and will write business on Technology Insurance Co. paper, which is rated A- by A.M. Best. Distribution will be exclusively through reinsurance intermediaries. Kevin Sullivan, previously head of E&S property at AmTrust, was named head of property reinsurance at East Re. He joined AmTrust in 2024 to establish its E&S property operation. Mr. Sullivan previously was head of specialty property at Axa XL Reinsurance. East Re will seek to build a diversified portfolio of catastrophe-exposed and less catastrophe-exposed business, AmTrust said. The operation will use AmTrust's underwriting, actuarial, catastrophe modeling and claims resources. East Re plans to expand into additional reinsurance business as client needs develop, AmTrust said. October 6, 2026

Axa XL promotes Paul Gardner to Asia underwriting manager for political risk, credit, bond. Axa XL has promoted Paul Gardner to underwriting manager for political risk, credit and bond (PRCB) in Asia, according to a LinkedIn post by Todd Wilhelm, head of specialty for Asia. Based in Singapor... To continue reading the full article and get full access to the InsuranceAsia News platform, please enquire about a subscription. Your company may already have a corporate license in place. * Adnan Bhat joins Swiss Re CorSo as APAC global network manager * October 6 He joins the international programs team after almost six years at Munich Re's India P&C division in Mumbai. * Jack Petrie relocates to head Marsh Thailand's cyber practice * October 6 He spent the last three years as managing principal for Marsh in Melbourne. * Daniel Rombach joins Great Eastern as VP for digital distribution platforms * October 5 Singapore-based Rombach makes the switch from Chubb, where he was most recently the accident and health product owner for Asia Pacific since April 2024. * Everest names Adrian Di Pasquale as APAC financial lines director for wholesale, specialty * October 5 Singapore-based Di Pasquale joins from Chubb, where he served as Southeast Asia financial lines underwriting manager since April 2025. Partner Content * Sedgwick | Captives in Asia: From Niche Solution to Strategic Risk Platform Captive insurance has evolved from niche tool to strategic risk infrastructure in Asia, with connected claims data seen as key to unlocking its full value. * BlackRock | Rethink the rules: how TAA and ETFs are reshaping portfolio construction BlackRock's Daniel Caderas and MSCI's Raman Aylur Subramanian explain why tactical asset allocation (TAA) and exchange-traded funds (ETF) have become essential as global markets fragment and static allocations lose their reliability. * BlackRock | Infrastructure comes of age for insurers Are insurers capturing full value from the asset class? BlackRock shares its perspective. * PartnerRe | The missing life stage: why caregiving is reshaping the future of protection in APAC To stay relevant, insurers should engage caregivers earlier with solutions that combine protection, navigation support, and preventative planning.

Japan watchdog moves to suspend Prudential Life Insurance over fraud scandal. Japan's Financial Services Agency (FSA) is set to issue a partial business suspension order against Prudential Life Insurance after employees defrauded customers over a 34-year period, according to me... To continue reading the full article and get full access to the InsuranceAsia News platform, please enquire about a subscription. Your company may already have a corporate license in place. * Axa XL elevates Thomas Gotting to chief client, distribution officer for APAC and Europe * October 2 Gotting, who is based in Cologne, will lead Axa XL's client and distribution strategy across Europe, Asia and Australia. * KDIC, OK Financial set to conclude negotiations over YeByeol Non-Life Insurance deal: reports * October 2 Final acquisition of the bridge insurer set up to wind down the troubled MG Non-Life Insurance is expected to be completed in 2027. * Steamship promotes Peter Jones to underwriting director in Singapore * October 2 Prior to joining the P&I club as an underwriting manager a year ago, he worked for Thomas Miller and UK P&I for over 16 years in total. * Marine war risk challenges require central solution as mounting losses expose claims gaps: Markel * October 2 Head of claims for Asia Bo Yu tells InsuranceAsia News that the 98 vessels that have been attacked in the Strait of Hormuz since February are driving calls for greater collaboration between hull insurers and P&I clubs. Partner Content * Sedgwick | Captives in Asia: From Niche Solution to Strategic Risk Platform Captive insurance has evolved from niche tool to strategic risk infrastructure in Asia, with connected claims data seen as key to unlocking its full value. * BlackRock | Rethink the rules: how TAA and ETFs are reshaping portfolio construction BlackRock's Daniel Caderas and MSCI's Raman Aylur Subramanian explain why tactical asset allocation (TAA) and exchange-traded funds (ETF) have become essential as global markets fragment and static allocations lose their reliability. * BlackRock | Infrastructure comes of age for insurers Are insurers capturing full value from the asset class? BlackRock shares its perspective. * PartnerRe | The missing life stage: why caregiving is reshaping the future of protection in APAC To stay relevant, insurers should engage caregivers earlier with solutions that combine protection, navigation support, and preventative planning.