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- August 23 2025
Full Capacity: Aspen rumours hint at Sompo’s global bet
This week's newsletter discusses the Japan FSA's increased regulatory oversight, Vesttoo's explosive lawsuit claim, Indonesia streamlining their domestic reinsurance, the Philippines non-life mergers, APAC's energy insurance competition and reports of Sompo's bid for Aspen.
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- August 23 2025
Amid breakout year, Willis supercharges Japan team as broker eyes a bigger piece of the pie
Head of Japan Roy Nakazawa tells InsuranceNews Asia about hiring 22 professionals this year across risk and analytics, facultative reinsurance, marine lines as well as business development, large accounts and claims functions.
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- August 22 2025
Zurich, Liberty, Berkley, Charles Taylor, Howden Re: 12 APAC insurance people moves of the week
Howden Insurance Brokers Australia, HDI Global, Howden, Dual, Allianz Trade and Allianz Commercial also made personnel changes over the last week.
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- August 22 2025
Global expansion ‘credit positive’ for Asia’s reinsurers: AM Best
US and Europe have become a vital source of premium growth and diversification for Asian reinsurers.
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- August 22 2025
Japan to create new insurance regulator to strengthen oversight: reports
Financial Services Agency will be reorganised to create a separate Asset Management and Insurance Supervision Bureau in FY26, local media reports say.
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- August 22 2025
Regina Wiedmann promoted to Zurich Insurance’s CFO for Japan P&C
Wiedmann has relocated from her previous role with Zurich in Singapore to Tokyo following the appointment.
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- August 22 2025
Berkley names Kenneth Cheong as deputy head of marine for Asia
Singapore-based Cheong was most recently underwriting manager for marine cargo at HDI Global for nearly 12 years.
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- August 22 2025
Opinion: A bruising year lies ahead for APAC’s underwriters
Flush with capacity and brokers in control, the market is likely staring at an extended period of softening.
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- August 21 2025
MG Non-Life’s bridge insurer set for launch as labour union agrees to 55% employee retention: report
Yebyeol Non-life, the temporary insurer set up to manage the troubled carrier's insurance contracts, is likely to be launched next month following an agreement with the labour union.
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- August 21 2025
Favourable rating environment to persist for Australian insurance buyers: Marsh
Property premium decreases in Australia have outpaced every other region globally as clients benefit from intense competition and improving loss ratios.
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- August 21 2025
Allianz Commercial appoints Tom Gilmore as head of farm underwriting in Australia
Sydney-based Gilmore, who has been with Allianz for six years, takes charge as a review and simplification of the insurer’s agri product is underway.
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- August 21 2025
ZhongAn interim profit soars as underwriting gains, COR drops to 95.6%
The Chinese online insurer reported underwriting profit of US$90m, up 109% year-on-year.
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- August 21 2025
APRA targets promoting cost-effective reinsurance to general insurers
Australian regulator's 2025-26 corporate plan says it will release details on its proposals in the first half of FY26, and in the latter half, it will report the results of its climate vulnerability assessment for the general insurance sector.
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- August 21 2025
US tariffs haven’t really landed on P&I, West’s David Griffiths says, as China’s influence grows
Singapore-based senior manager of underwriting also discusses China's influence on the maritime industry, environmental regulations impacting Asian shipping, and the growing systemic problem of the shadow fleet.
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- August 20 2025
Axa France Vie withdraws India reinsurance branch licence
The French (re)insurance group's subsidiary in India, XL Insurance India reinsurance branch, led by Alok Shukla, will continue to operate in the market.
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- August 20 2025
Aspen shares rally in premarket trading on reports of Sompo merger talks
New York-listed Bermudian (re)insurer is reportedly seeing interest from the Japanese insurance group.
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- August 20 2025
Allianz Trade appoints Tetsushi Kitano as Thailand country manager
Kitano, with over 17 years at the trade credit insurer in Japan and Hong Kong, will continue to lead the Japan desk for Asean countries.
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- August 20 2025
Charles Taylor names Gordon Tennant as director for marine technical services in Asia
Singapore-based Tennant will report to global managing director for marine technical services, Phil Osmotherley.
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- August 20 2025
Liberty promotes Ann Dang to APAC chief of staff
She will work closely with APAC president Mathew Jackson to deepen client relationships.
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- August 20 2025
APAC upstream market continues to navigate difficult conditions as double-digit rate reductions energise buyers
Increased underwriting capacity, limited catastrophic loss activity, and heightened competition among insurers suggest there is sustained downward pressure of 5-12.5% on premium rates.
