Batch Underwriting has secured additional capacity from global specialty insurer Tokio Marine Kiln, increasing the limits it can offer to broker partners as client risk profiles change through 2026. According to Batch, the additional capacity is intended to give intermediaries “greater capacity certainty, continued appetite across key segments, and increased flexibility to support clients as their risks and requirements evolve.” The arrangement builds on Batch’s existing underwriting platform and applies to business placed through intermediaries, including Australian brokers accessing specialty and international markets.
The capacity is expected to be used for risks that require international paper or specialist underwriting. Batch has indicated it will work with brokers on how the new capacity is applied across classes, with an emphasis on selected lines and clear risk criteria. The agreement comes as insurance buyers adjust programs in response to regulatory change, climate-related exposures, and macroeconomic conditions, factors that continue to influence reinsurance and direct capacity across key commercial segments.
The deal follows discussions between the two organisations that included a meeting in Singapore in late 2025, where Batch senior underwriter Renata Astone met the Tokio Marine Kiln team to mark the commencement of the partnership. Batch said the collaboration would support an expansion of its product range and help maintain its current approach to broker-delivered service and technical underwriting. The firm described the relationship as backing its “ongoing commitment to first class service and underwriting excellence for our broker partners.”
For Australian intermediaries, the arrangement creates another route to international capacity at a time when many insurers continue to monitor aggregate exposure, catastrophe risk, and long-tail liabilities. The practical impact on line sizes, attachment points, and pricing is expected to become clearer as renewal and new business placements progress through the current underwriting year.
Tokio Marine Kiln operates as part of Tokio Marine Group, one of the world’s largest insurance groups, writing non-life and life business in domestic and overseas markets. The Batch agreement sits against the backdrop of Tokio Marine Holdings’ consolidated results for the six months ended Sept. 30, 2025. The group reported total assets of ¥30,880.5 billion as of Sept. 30, 2025, a decrease of ¥356.8 billion from March 31, 2025. Ordinary income for the half year was ¥4,367.8 billion, up ¥25.6 billion on the prior corresponding period, including underwriting income of ¥3,081.7 billion and investment income of ¥1,121.9 billion.
Ordinary expenses rose to ¥3,487.5 billion, an increase of ¥83.3 billion year-on-year. These expenses comprised underwriting expenses of ¥2,606.5 billion, investment expenses of ¥100.3 billion and operating and general administrative expenses of ¥761.7 billion. Ordinary profit for the period was ¥880.2 billion, down ¥57.6 billion from the previous year’s first half. Net income attributable to owners of the parent was ¥686.8 billion, a decrease of ¥1.6 billion compared with the same period a year earlier.
