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- July 11 2025
War risk premiums up ‘substantially’ after deadly Houthi attacks, Skuld says
War risk premiums have risen to about 0.7% of the value of a ship from 0.3% last week, according to a report by Reuters.
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- July 10 2025
Asia Pacific M&A rebound drives W&I adoption, claims: Aon
Notably, all 2024 tax notifications with the broker's Asia team involved Indian policies.
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- July 10 2025
Capital buffers, retrocession covers to sustain growth of Indonesia’s Maipark: Fitch
Credit rating agency upgraded Maipark’s rating to A+(idn), from A(idn), with a stable outlook.
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- July 10 2025
Sompo announces key APAC, Singapore hires
Insurer appoints Jin Sheng Ooi as head of accident and health pricing for Asia Pacific, and Jun Zhe Ng as chief consumer officer in Singapore.
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- July 8 2025
Great Eastern minority shareholders reject majority owner OCBC’s take-private offer
Shareholders have approved amendments to the constitution and bonus issue as a pathway to resume trading of the insurer's shares.
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- July 8 2025
Howden expands Pacific footprint with acquisition of Kiwi broker Sherpa
Acquisition of the Christchurch-based broker will complement and strengthen Howden’s combined broking business in New Zealand.
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- July 8 2025
India mandates Ace Insurance Brokers to study feasibility of local P&I club setup: report
The move comes two years after finance ministry flagged the need for establishing a full-fledged, India-owned P&I entity.
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- July 7 2025
China’s ZhongAn raises US$500m via secondary placement in Hong Kong
The proceeds will primarily support the Chinese digital carrier's core insurance and asset management business.
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- July 7 2025
AIG hires Allison Emery in newly created Pacific delegated underwriting authority lead role
Sydney-based Emery joins the insurer from Lockton, where she was head of market management and key partnerships.
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- July 7 2025
Howden appoints Edmund Arghand as head of credit, political risk and surety for Asia
Arghand, who joins from BMS in London, will lead the team in Singapore, with a particular focus on structured credit.
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- July 7 2025
FWD Group debuts on Hong Kong stock exchange
Hong Kong insurer raised US$445m from the IPO, valuing the company at over US$6bn.
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- July 3 2025
Japanese non-life insurers to rely more on underwriting, global growth: Fitch
Three major insurance groups - Tokio Marine, MS&AD, and Sompo - reported a sector-wide combined ratio of 99% in FY2025.
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- July 2 2025
Sompo promotes Kelvin John Nathan to APAC project management office vice president
Industry veteran will report to David Chau, senior vice president and head of PMO for APAC.
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- July 2 2025
South Korea’s DB Insurance leading the race for US insurer Fortegra: reports
The approximately US$1.5 billion deal for the Florida-based specialty insurer is expected to be finalised by August.
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- July 2 2025
Tysers takes Marsh’s Graham Gordon as marine divisional director in Singapore
Gordon will report to the AUB-owned specialist broker's APAC head of marine, William Furness-Smith.
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- July 2 2025
Korea mulls restarting MG Non-Life sale process, but will persist with liquidation process: reports
KDIC said it has reached agreement with insurer's labour union to pursue both the transfer of insurance contracts to five non-life insurers and the sale.
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- July 1 2025
IRDAI chairman race gets new entrant as process drags on: report
India’s financial services secretary Maddirala Nagaraju is the new name being considered as the post lies vacant since March 2025, holding up key reforms at a crucial time for the industry
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- July 1 2025
IAG lifts profit outlook as nat cat bill comes in below forecast
Australian insurer revealed that natural peril costs for FY2025 had come in roughly US$132m below expectations.
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- July 1 2025
Suncorp trims reinsurance tower even as rates soften, locks in multi-year deal
Despite exposure growth in its portfolio, Australian insurer expects the total cost of the program to be lower than in FY25, aided by reduced pricing, minor structural changes.
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- July 1 2025
Aon names Jarut Sukkhawadee head of commercial risk for Thailand
The broker bolstered operations in the Asean market with a series of key appointments.
