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- April 8 2025
India’s Unilight appoints Sumit Bohra as executive director
Bohra, who joins the (re)insurance broker from GlobeSecure, is the outgoing president of the Insurance Brokers Association of India.
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- April 7 2025
India’s general insurance market to rebound in FY26
The growth in premium will be primarily driven by rate increases pushed by hardening of reinsurance rates for certain lines of business and inflationary pressures, according to Fitch-owned agency India Ratings and Research.
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- April 7 2025
Japanese insurers set for excess capital boost to lift overseas expansion: AM Best
Business improvement orders from Japan’s Financial Services Agency expected to accelerate sale of their strategic equity holdings, according to the global rating agency.
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- April 7 2025
Tokio Marine to net US$1.2bn from Mitsubishi share buyback
TMNF plans to tender its entire holding in the conglomerate as part of the Japanese insurer's plan to divest cross-holdings.
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- April 5 2025
CMB Wing Lung Insurance sees growth in marine: AM Best
The rating agency has affirmed A (excellent) rating with a stable outlook to the Hong Kong insurer supported by its very strong balance sheet, strong operating performance and neutral business profile.
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- April 3 2025
Prudential names John Cai as Malaysia, Indonesia, Vietnam, and agency CEO
Hong Kong-based Cai's appointment comes as Solmaz Altin, regional CEO for growth markets, health and agency, relocates to Europe.
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- April 2 2025
Trade credit: Amid trade war, APAC firms must stay agile and ensure adequate protection
The US has implemented a new tariff regime across industries and countries, with import duties being a central aspect of US economic and foreign policy. These measures aim to protect domestic industries from what the US government perceives as unfair trade practices, global excess capacity, and imbalanced trading relationships. The policy includes mainland China, delayed […]
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- April 1 2025
Guy Carpenter promotes Stella Geng to head of distribution for APAC
Hong Kong-based Geng was most recently the reinsurance broker's head of climate solutions for Asia Pacific.
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- April 1 2025
Gard appoints Akira Arii as senior adviser, Japanese branch representative
Appointment comes ahead of the retirement of Shuichi Yoshida, who has held the position since 2022.
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- April 1 2025
MS&AD Group’s M&A activity affordable, to help earnings: S&P
The merger of Mitsui Sumitomo Insurance and Aioi Nissay Dowa Insurance may lead to elimination of overlapping business activities.
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- March 31 2025
South Korea’s new capital requirements to reduce insurers’ burden, enhance quality: Fitch
Introduction of a mandatory core capital ratio requirement will tighten the quality of capital that insurers hold.
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- March 26 2025
Carbon credit specialist Kita expands capacity to US$24m
MGA's capacity is provided by Chaucer, Munich Re Syndicate, RenaissanceRe and Tokio Marine Kiln.
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- March 25 2025
Generali completes acquisition of China P&C business
The Italian insurer has received all regulatory approvals to take full ownership of the mainland P&C business
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- March 25 2025
Chinese insurers could benefit from DeepSeek, albeit with risks: AM Best
Several smaller insurers might be able to bring down their operating costs due to DeepSeek’s lower cost and operational features.
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- March 24 2025
GIC Re’s terrorism risk rate cut could slash premiums by up to 15%: report
India has not faced a major terrorism loss since the Mumbai terrorist attacks in 2008.
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- March 24 2025
Marein sees cat impact on capital as non-life premiums surpass life: Fitch
The rating agency has affirmed the Indonesian reinsurer's rating of AA-(idn) with a stable outlook.
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- March 24 2025
China’s Allianz Jingdong earnings to improve gradually over the next two years: Fitch
The rating agency has affirmed the carrier’s insurer financial strength rating of 'A-' (Strong) with a stable outlook on better financial performance, low risky-assets ratio and “moderate” company profile.
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- March 21 2025
Despite Typhoon Yagi losses, Hanoi Re to maintain strong capital buffers: AM Best
Global rating agency affirms insurer rating of B++ (good) for the reinsurer, with a stable outlook.
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- March 21 2025
Vietnam’s PVI Insurance to benefit from profitable commercial, retail lines: AM Best
Global rating agency affirms insurer rating of A- (excellent) with a stable outlook for Vietnam's largest non-life insurer.
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- March 20 2025
Steamship Mutual elevates Jamie Taylor as APAC managing director
Singapore-based Taylor, who was CEO of the Singapore branch prior to the move, spent over 17 years with the P&I Club.
