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- March 3 2025
Aon completes acquisition of Mitsubishi Chemical’s in-house agency business in Japan
Aon will provide corporate and personal lines insurance to MCG companies and its employees in Japan.
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- March 3 2025
Allianz Commercial appoints Rosa Ficarra as APAC ART head
Ficarra will relocate from London, and be responsible for new and renewal alternative risk transfer (ART) business in Asia and Australia.
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- March 3 2025
Civil unrest, crime to remain major threats in APAC in 2025: Willis
9% of clients reported incidents in the region in 2024, a gradual increase from 6% in 2023, amid a complex and multifaceted threat environment.
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- March 3 2025
Chubb to buy Liberty Mutual’s P&C arms in Thailand, Vietnam
Two Liberty insurance businesses produced approximately US$275m in net premiums written in 2024.
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- March 3 2025
MSI to improve underwriting profitability, driven by steady rate hikes: Fitch
Global rating agency affirms insurer rating of A+ (strong) with a stable outlook.
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- March 3 2025
APAC fac demand set to thrive in 2025 as buyers seek solutions for mixed bag of old, new risks
Increased interest in cyber products anticipated as local market continues to mature and specialised products come onstream.
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- March 3 2025
WTW | Navigating a complex world with endless possibilities
Living with rising uncertainty from new and emerging risks can be turned into strategic opportunities for businesses.
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- March 3 2025
Thailand’s non-life 2023 underwriting profit at US$380m after US$1.5bn loss in 2022: AM Best
Rebound attributed to a rise in premium income and a decline in claims incurred, the rating agency said in its country report.
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- March 3 2025
Tune Protect’s insurance revenue up 4% to US$87.2m in FY24
Net insurance service result more than doubled, mainly attributable to improvement in the acquisition cost due to changes in the company's portfolio mix, as well as a lower reinsurance ratio.
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- March 1 2025
Suncorp to settle class action suit over add-on sales
Settlement must be approved by the Supreme Court of Victoria, but no date has been set for the hearing,
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- March 1 2025
Full capacity: All aboard the wholesale train
In this week's Full Capacity newsletter from InsuranceAsia News, we look at Axa XL, auto-fac market, Japan snow, the emerging Asian wholesale market as well as our weekly roundup of people moves.
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- February 28 2025
Axa XL, QBE, Gallagher, Zurich, WTW: 9 APAC insurance people moves of the week
Circles Group, Markel, Swiss Re Corporate Solutions, Munich Re, Sompo Asia Pacific and HDI Global also made personnel changes over the last week.
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- February 28 2025
HDI Global promotes Kirsten Murray to senior property underwriter
Perth-based Murray has been with HDI Global for almost 11 years.
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- February 28 2025
‘Avoid building in dumb places’: Kiwis want more investment in extreme weather protection
Insurance Council of New Zealand survey shows 'Kiwis want to see more investment in resilience measures', chief executive Kris Faafoi says.
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- February 28 2025
Australia motor body ‘strongly opposes’, calls for watchdog to reject IAG-RACQ, Allianz-RAAI deals
Australian Competition and Consumer Commission (ACCC) had initiated an investigation into the deals in February.
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- February 28 2025
Swiss Re’s 1.1 APAC renewals growth slows down
Reinsurer's 2% increase in regional premium volume this year contrasts the 5% growth reported in last year’s January 1 renewals.
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- February 27 2025
Japan’s deadly heavy snow likely to lead to property, BI claims with limited exposure
Regional loss adjusters tell IAN that record snowfall in Niigata, Ishikawa and Nagano prefectures, as well as other areas of Japan, has already led to travel delays, car accidents and property damage.
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- February 27 2025
Swiss Re CorSo unveils market units structure, names Robert Hunziker Asia head
Kevin Bates has been designated market unit head for Australia and New Zealand with the new organisational structure set to roll out from June 1.
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- February 27 2025
Hong Kong’s Nova Insurance H1 FY25 revenue up 8.3% to US$8.1m
Broker expects to record 'very substantial growth' in H2, as revenue from the purchase of Beijing Nova Insurance Services will be counted.
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- February 27 2025
Exclusive: Circles Group hands Julie Quach, Kenneth Tan expanded roles as Asia co-regional directors
Quach is in the process of being appointed Hong Kong responsible officer, while Tan has assumed the role of responsible officer for Singapore.