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- July 16 2025
India’s insurance regulator sets up committee to vet licence applications: reports
Insurance Regulatory and Development Authority of India also approves the first stage of an application from Kiwi General Insurance.
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- July 16 2025
Gallagher India hires Deepika Oswal as national sales leader
Oswal joins from Marsh, where she was national leader, restructuring strategy and senior vice-president for key accounts.
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- July 15 2025
Aspida Life Re completes second Japanese reinsurance deal
Ares Capital-backed Bermudan carrier will reinsure new or incoming flow business for a Japanese yen-denominated fixed annuity product.
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- July 15 2025
APAC cyber claims up 22% in 2024, ‘likely to accelerate’: Aon
Region seeing significant competition among insurers, with an increasing number of insurance carriers entering from the London market.
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- July 14 2025
Howden appoints Phil Steel as associate director for business development in Hong Kong
'Seasoned insurance sales professional' joins the broker from Aon.
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- July 11 2025
Gallagher names Steve Lockwood as interim Australia head, following Sarah Lyons’ move
Lockwood, who is the managing director for Asia Pacific, joined the broker following its acquisition of Kiwi broker Crombie Lockwood.
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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.
