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- July 29 2025
APAC H1 insured losses hit US$4.4bn, global claims top US$80bn: Munich Re
Earthquake that rocked Myanmar and Thailand, ex-Tropical Cyclone Alfred in Australia, as well January quake events in China and Taiwan. were the major loss drivers in Asia Pacific.
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- July 29 2025
30 dead in Beijing after days of torrential rain, 80,000 residents relocated
Hong Kong on Tuesday had also issued its first black rainstorm warning of the year as heavy downpours hit the city.
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- July 29 2025
Catherine Soyka joins Everest’s Singapore reinsurance team
Soyka joins from Chaucer Group as an assistant vice president for reinsurance underwriting for Oceania.
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- July 29 2025
Critical mass achieved, MS Amlin focused on APAC consolidation after robust growth: CEO William Ho
He also tells InsuranceAsia News about the regional strategy for the Lloyd's carrier in light of changing market conditions, ANZ expansion and the future of its ILS platform, Phoenix Re.
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- July 28 2025
Fitch assigns Generali China A- financial strength rating on strong capital position, strategic group role
Wholly owned Chinese P&C arm of Italian insurance group posted GWP of US$238m and 105% COR last year.
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- July 28 2025
Marsh to acquire Mitsubishi Electric’s in-house insurance agency in Japan
Shares of Mitsubishi Electric Insurance Service will be transferred to the global broker in November.
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- July 28 2025
FreightInsure expands embedded insurance to New Zealand
Service, backed by global insurer HDI Global Specialty SE, enables shippers to attach micro-policies of up to US$59,000 per consignment during the booking process.
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- July 28 2025
Jarrod Tilbrook joins Marsh ANZ as managing principal
March Australia and New Zealand has tapped the former Aon, WTW and Coverforce executive as its new managing principal.
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- July 28 2025
Construction Guarantee’s underwriting losses to continue for the short to medium term: AM Best
Korean insurer has reported two consecutive years of underwriting losses in 2023 and 2024, as well as another loss in H1 2025.
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- July 28 2025
Delta Insurance promotes Natasha Plesnik to casualty manager
New Zealand-based Plesnik previously worked as a senior underwriter for the specialist underwriting agency.
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- July 28 2025
Aviation : Growing pains in Asia’s maintenance industry will have implications for insurers
Lack of talent, training, infrastructure, and oversight emerge with Asia Pacific is on track to become the world’s largest aircraft maintenance, repair and overhaul (MRO) market by 2030.
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- July 28 2025
Opportunity knocks for Australia as regulator keeps (re)insurance market waiting over proposed major reforms
Relaxation of requirements by the Australian Prudential Regulatory Authority are set to provide a considerable boost to the alternative risk transfer sector.
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- July 28 2025
Aon’s John Morley joins Swiss crypto carrier 1B as CEO
Insurer plans to establish offices in Asia, including in Singapore, Malaysia and Hong Kong.
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- July 28 2025
Hong Kong P&C market posts US$112m underwriting profit in Q1 2025: HKIA
The SAR's direct insurers posted an underwriting profit of US$140m, while the inward reinsurance segment posted an underwriting loss.
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- July 26 2025
Full capacity: APAC rates dive – a call for caution?
This week's newsletter discusses the impact of rate reduction in the region, Allianz's re-entry into the Indian market, APAC construction inurance market new Lloyd's cyber consortium in Singapore, Consilium's regional foray, and IRDAI's new chairman.
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- July 25 2025
IRDAI, Consilium, Kiwi General Insurance, Starr, UIB India: 10 APAC insurance people moves of the week
Lockton, Aon, Delta Australia, Allianz Commercial, Victor Insurance Australia, the Insurance Brokers Association of New Zealand, Allianz Partners, MS Amlin, Munich Re, Zurich Insurance, Miramar Underwriting Agency, and Steadfast Group also made personnel changes over the last week.
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- July 25 2025
Wipha economic losses to run into ‘hundreds of millions’: Aon
Wipha passed through the Philippines, China, and Vietnam from July 18-24.
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- July 25 2025
Steadfast CFO Stephen Humphrys to retire
Hannah Lee, the current group financial controller, will become acting chief financial officer.
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- July 25 2025
Pricing, prudent underwriting to sustain Bao Viet Insurance’s strong performance: AM Best
AM Best assigns an insurer rating of B++ (good) with a stable outlook, driven by its very strong balance sheet, adequate operating performance and neutral business profile.
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- July 25 2025
India’s reinsurance market poised for massive growth, driven by infrastructure boom: Policybazaar for Business
Co-founder and chief business officer Tarun Mathur tells InsuranceAsia News that the one-stop digital insurance platform is also eyeing business expansion in the Middle East and Southeast Asia.
