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- July 25 2025
India’s reinsurance market poised for massive growth, driven by infrastructure boom: Policybazaar
Co-founder and chief business officer Tarun Mathur tells InsuranceAsia News that the one-stop digital insurance platform is also eyeing business expansion in the Middle East and Southeast Asia.
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- July 24 2025
Asia insurance rates drop 5% in Q2 2025, sixth straight quarter of decline: Marsh
Property rates down 5%, while casualty placements saw a 2% decline, and finpro and cyber rates fell by 7%, according to the broker's Global Insurance Market Index.
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- July 23 2025
Chubb’s Asia P&C premiums grows 7.5% to US$2.5bn in H1 FY25
The Japanese general insurance arm of the global insurer increased its NWP by 7% year-on-year to US$201m in FY24.
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- July 22 2025
Aon India hires Vikas Pareek as head of transaction solutions
Mumbai-based Pareek has expertise in transaction structuring, cross-border deals and regulatory strategy.
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- July 22 2025
‘In a more global fashion’: MSIG Specialty Marine targets Asia P&I growth, Singapore underwriting launch
CEO Tom Oostra tells InsuranceAsia News' Between The Lines podcast that the region is getting stronger and stronger and is becoming a more important part of the global market despite a range of challenges facing the marine industry.
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- July 21 2025
PVI Insurance’s H1 FY25 pre-tax profit tops US$25.8m, representing 41% increase
Original insurance premium revenue for the first half of the year exceeded US$305.8m.
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- July 21 2025
DB Insurance’s operating performance and capital remain strong despite unfavourable economy: AM Best
Rating agency has affirmed the financial strength rating of A+ (superior) and the long-term issuer credit rating of “aa-” (superior) of the South Korean insurer.
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- July 21 2025
PICC Hong Kong’s active expansion in inward reinsurance improves business diversification: AM Best
AM Best has revised outlooks to positive from stable and affirmed financial strength rating of A- (excellent) and long-term issuer credit rating of “a-” (excellent) of PICC HK.
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- July 20 2025
Allianz ties up with Jio Financial for India reinsurance foray
Two companies also enter into a non-binding agreement for equally owned general and life insurance JVs.
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- July 17 2025
Toa Re’s FY24 net income grows 83% to US$190.4m, driven by investment gain
Net premiums written, however, fell by 1.8% year on year to US$1.8bn.
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- July 16 2025
MSIG paid out claims totalling US$44.3m in Hong Kong and Macau in 2024
Insurer's claims settlement ratio reached 94.5%, rising for the third consecutive year, up from 92.4% in 2021.
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- July 16 2025
US$1.3bn Myanmar earthquake biggest non-US insured loss event in H1 2025 as global total tops US$84bn: Gallagher Re
‘Psychological threshold’ question, the report says, is when will the insurance industry face its first US$200bn nominal annual loss year?
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- July 16 2025
Tokyo flooding to bring minimal losses, but highlights growing need to adjust underwriting strategies, flood models
While the event may not significantly impact (re)insurance pricing, loss adjusters told InsuranceAsia News that insurers need to respond to increasing attritional nat cat losses.
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- July 15 2025
PVI eyes Hanoi Re divestment plan as part of broader growth push
In a wide-ranging interview, PVI Insurance chairman Duong Thanh Danh also talks to InsuranceAsia News about PetroVietnam Group's divestment plans, PVI's overseas partnerships, a US$1bn revenue target, growth opportunities and tariffs.
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- July 14 2025
Australian tech-focused MGA Codex Insurance launches with MS Amlin capacity
Lloyd's coverholder, founded by former Vero undewriter Andrew Sharbeen, offers ICT liability and cyber insurance products.
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- July 14 2025
Starr Insurance hires PeiQi Lee as head of casualty, Asia Pacific
Singapore-based Lee will be responsible for managing technical underwriting in the Asia casualty team and driving profitable growth in the region.
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- July 11 2025
Aon leadership trio take on expanded roles
Jennifer Chan, Richard Tan, and Mike Ang will take on new responsibilities to drive growth and client engagement across Singapore, Indonesia, and Malaysia.
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- July 11 2025
HDI appoints Alex Howell as property underwriting manager in Singapore
With 25 years’ global experience across property and energy, Howell will lead the property team across Southeast and South Asia.
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- July 10 2025
Aon New Zealand appoints Adrienne Booth as executive director for transaction solutions
Booth returns to her native New Zealand having most recently been head of commercial law at Aon in the UK.
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- July 9 2025
Sedgwick appoints Muhammad Andriansyah as head of energy in Indonesia
Jakarta-based Andriansyah was most recently senior manager for energy and natural resources at Charles Taylor.
