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- June 24 2025
Aon bolsters natural resources team with director hire
Singapore-based Jocelyn Liu has spent over 17 years in the role of a regional senior underwriter at Starr.
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- June 24 2025
Korean insurers to face capitalisation pressure due to falling interest rates, tighter norms: Fitch Ratings
Ongoing volatility in investment returns amid financial market uncertainty could challenge the overall stability of insurers’ profitability, according to the global rating agency.
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- June 23 2025
Fitch upgrades outlook for Sinar Mas to positive on improved capitalisation, profitability
Global rating agency revises the Jakarta-based insurer’s financial strength rating outlook to positive from stable, and affirmed an AA+(idn) rating.
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- June 18 2025
ACCC launches public review of IAG-RACQ deal, focuses on personal lines
The competition watchdog is conducting market inquiries as part of its standard merger assessment process.
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- June 16 2025
Everest’s Himanshu Garg promoted to head of new business initiatives
Garg will retain his role as head of India, according to Asia Pacific CEO Kevin Bogardus.
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- June 11 2025
South Korea slashes recommended CAR for insurers to 130%: report
Financial Services Commission will remove requirements related to net loss and insurance operating loss from the conditions for reversing emergency risk reserves.
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- June 11 2025
Australia’s NTI names Janelle Greene as CEO
Greene, currently NTI’s chief customer officer, will succeed veteran Tony Clark, who has served as CEO for 18 years.
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- June 10 2025
India’s GIC Re proposes ‘parametric insurance’ umbrella: report
Country’s largest reinsurer is in talks with the central government to offer countrywide parametric cover.
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- June 9 2025
Japan’s Mitsui Sumitomo Insurance domestic operations performance to remain stable: AM Best
The rating agency has affirmed financial strength rating of A+ (Superior) and long-term issuer credit rating of “aa” (Superior) to MSI.
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- June 9 2025
Miller expands in Korea as Marsh’s Justin Roh takes on senior vice president role
Seoul-based Roh brings over two decades of marine insurance and legal expertise to support Miller’s Asia expansion strategy.
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- June 9 2025
New Zealand’s Natural Hazards Commission secures US$6.3bn in reinsurance cover
The cover, renewed on June 1, includes NZ$225 million from a multi-year catastrophe bond issued in 2023.
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- June 4 2025
Chubb veteran Bilal Chohan joins Everest Insurance to ‘kick off’ risk engineering practice
Sydney-based Chohan will focus on property, energy, and construction portfolios covering local and international markets.
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- June 4 2025
South Korean non-life insurers face capital pressure as liabilities rise: AM Best
Long-term insurance premium growth may face headwinds from macroeconomic uncertainties, while intensified competition could undermine sustainable growth as the market becomes saturated.
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- June 3 2025
India’s non-life premiums could rise to US$38bn in FY26: ICRA
Report also notes private insurers could expand market share to 70% by FY27, up from 68% in FY25.
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- June 3 2025
India’s 3 state-owned insurers need close to US$2bn to remain solvent: ICRA
Combined solvency ratios remained weak at negative 0.85 times as of December, compared to the regulatory minimum of 1.50.
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- June 2 2025
AIG appoints Celina Ennis as ANZ head of operations
Ennis joins from Allianz, where she was national manager for quality assurance since July 2021.
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- June 2 2025
Bolttech Insurance Hong Kong ratings affirmed despite fluctuating financial performance: Fitch
The general insurer's net income declined to US$255,000 in 2024 from about US$4m million a year earlier.
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- May 30 2025
Howden bolsters Asia marine practice with Markel hire
Zita Fok joins the broker in Hong Kong as divisional director for marine, cargo and logistics.
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- May 29 2025
Asian Re to sustain sound underwriting profitability, rating upgraded: AM Best
AM Best upgrades the reinsurer's insurer rating to B++ (good) from B+ (good), while also revises its outlook to stable from positive.
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- May 27 2025
McLarens-owned Halliwell expands in APAC with double acquisition
Forensic and technical consultancy acquires Imparta Engineers and du Chateau Chun in Australia.
