Chinese insurers pay US$2.2m in aftermath of deadly Hunan fireworks factory explosion: reports
May 7 2026 by Joana Nguyen
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Deadly China fireworks blast triggers US$878,000 work safety payout from Ping An P&C
- May 6
President Xi Jinping orders an investigation after Monday's explosion at a fireworks manufacturing hub in south-central Hunan province kills at least 26 and injures 61.
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AIG Australia hires Marsh veteran Carrisa Chung as underwriter for commercial property
- May 5
Perth-based Chung has been working at Marsh since 2006, most recently as divisional manager for client services for Local Government Insurance Scheme, a mutual protection scheme of West Australian government.
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Pacific Prime promotes Paul Cheung to lead property, casualty, financial lines team in Singapore
- April 29
He has been with the broker for over six and a half years.
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PartnerRe hands APAC trio new leadership roles, with regional CEO James Beedle to retire
- April 23
Reinsurer names Sasa Hu as APAC P&C CEO, David Xu as APAC P&C CUO, and John Mok as CEO for Partner Reinsurance Asia.
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PartnerRe | Understanding ageing in APAC: why perception, planning and protection don’t always align
Ageing is shaping finances, family dynamics and insurance needs of the caregiving ecosystem, but current product propositions and underwriting frameworks are not keeping pace with protection needs, finds PartnerRe survey.
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BHSI | D&O in Asia in 2026: navigating geopolitics, insolvencies, and digital crackdowns without breaking the bank
A soft market presents organisations with opportunities to strengthen resilience, although the abundance of capacity is unlikely to persist.
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QBE | Elevating customer experience, humanising claims: QBE Asia’s ‘Solutions in a Box’
Vastly improving turnaround times and personalising service delivery, QBE Asia’s award-winning, end-to-end bundled claims solutions is a game-changer for the insurance industry.
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Beazley | What does cyber protection look like from day 1 to day 600 and beyond?
Cybersecurity is no longer just an IT concern, but a governance issue that belongs on the boardroom agenda.
