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- September 19 2025
Long term, profitable lines to sustain Samsung Fire & Marine’s underwriting profitability: AM Best
Global rating agency affirms a financial strength rating (FSR) of A++ (Superior) and the long-term issuer credit ratings (ICR) of aa+ (Superior) to Samsung Fire & Marine and its subsidiaries.
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- September 17 2025
PARIMA to focus on risk readiness at Singapore conference
Two-day conference will return to Singapore in October, bringing together over 50 speakers and 21 industry partners to address areas including emerging risks and climate volatility.
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- September 16 2025
India likely to introduce bill allowing 100% FDI during November parliament session: reports
Finance minister Niramala Sitharaman hopes to table the Insurance Amendment Bill in the upcoming session.
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- September 16 2025
Market Lane assumes Arag legal insurance renewals
Transition will help the insurance group expand its footprint in the specialty insurance sector.
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- September 15 2025
Aon hires Vincent Chow as claims advocacy director in Singapore
Chow was previously a lawyer with Kennedys in Hong Kong.
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- September 15 2025
Swedish Club expands in China with Ping An P&C strategic partnership
Agreement enhances service delivery and broadens the ways members can access the club’s marine insurance and loss prevention services.
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- September 12 2025
Perils cuts Cyclone Alfred loss estimate to US$1.25bn
Ex-Tropical Cyclone Afred struck Australia's Southeast Queensland and northeastern New South Wales in February and March, leaving over 300,000 homes and businesses without power.
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- September 11 2025
Opulence launches cell captive in Labuan with China Re backing
The captive insurance cell is endorsed by the Labuan Financial Services Authority and operates under Goldman Insurance PCCC, a protected cell company.
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- September 11 2025
Strategic sale, international growth hold Tokio Marine & Nichido Fire Insurance in good stead: AM Best
AM Best expects proceeds from disposals to provide additional flexibility for new business investments to strengthen operating performance over the long term.
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- September 5 2025
Hong Kong’s Peak Re to maintain favourable underwriting profitability: AM Best
AM Best has affirmed a financial strength rating of A- (Excellent) and long-term issuer credit rating of a- (Excellent) to Peak Re and its subsidiaries, with a stable outlook.
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- September 4 2025
Allied World names Jolene Chua vice president for Asia A&H
Chua was previously employed at Sompo Insurance Singapore, where she held various roles for over five years.
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- September 3 2025
Chinese insurers surge ahead in global renewable premium race
People’s Insurance Company of China, Ping An Insurance, and Yingda Taihe Property Insurance added over US$200m in new renewable energy premiums between 2023 and 2024, according to Insure Our Future.
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- September 3 2025
New South Wales strata managers to phase out insurance commissions
Move follows allegations in Australia last year that brokers and strata management firms were colluding to mislead clients by recommending more expensive policies and hiding cheaper offers from rival firms.
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- September 2 2025
Gallagher Re to acquire Steadfast Re in APAC expansion push
Acquisition of the Steadfast subsidiary expected to close in Q4 2025.
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- September 2 2025
India’s Zurich Kotak General Insurance hires Birendra Mohanty as chief business officer
Mohanty, who joins from ICICI Lombard General Insurance, will oversee bancassurance, financial institutions group, SME, institutional and government businesses.
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- September 2 2025
Sompo elevates See Ju Chua to head of capital management for APAC
Chua will lead regional capital strategy and regulatory alignment from Singapore and will report to APAC chief financial officer Takashi Kurumisawa.
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- September 1 2025
China Re’s net profit up 11.4% in H1 FY25 even as P&C reinsurance hit by agri slowdown, overseas losses
P&C reinsurance segment, China Re’s largest unit, posted insurance revenue of CNY22.96 billion, down 2.2%, mainly due to weaker domestic agriculture premiums.
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- August 28 2025
Taiping Re’s profit surges 75% despite flat premiums
China Taiping reported a 12.2% rise H1 FY25 profit led by a sharp rise in reinsurance profitability and improved underwriting margins.
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- August 28 2025
Reinsurers see cost of capital decrease amid structural shifts: AM Best
Sound risk management, strategic use of technology, and a maturing partnership with alternative capital have subdued the cyclical nature of the reinsurance market.
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- August 27 2025
South Korea’s non-life insurers’ H1 FY25 net income tumbles 19%
Drop driven by erosions in insurance income, underscoring pressure from rising claims costs across major lines.