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- September 22 2025
China’s P&C underwriting profit tops US$3.7bn, ceded premium surpasses US$14bn in H1 FY25
For the first time, more than half of the insurers reported profitable underwriting, according China Re P&C.
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- September 22 2025
Allianz Trade moves into Vietnam with country manager hire
Trade credit insurer hires Ly Dao from WTW to spearhead its expansion.
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- September 22 2025
WTW promotes Choo You Bin to head of terrorism and political violence for APAC
Singapore-based Choo was most recently executive director for crisis management, terrorism and politcal violence.
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- September 19 2025
Lotte Insurance sees takeover interest from Korea Investment Holdings: reports
Listed insurer backed by JKL Partners had attempted a sale last year, but negotiations fell through due to price gaps with potential buyers.
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- September 19 2025
Losses from India, Pakistan flooding likely to reach ‘billions of US$’: Aon
Punjab plains region of both countries is experiencing some of its worst flooding disasters in recent history, caused by anomalously high monsoon rainfall across northwest India and northern Pakistan.
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- September 18 2025
Envest buys additional 36.9% stake in Blue Zebra following Youi’s exit
Youi sold the interest for a total net proceeds of US$30.3 million, although Envest declined to disclose the new total percentage of its stake.
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- September 18 2025
Siân Mullane returns to AIG as senior property underwriter in Australia
She has specialised in property underwriting for most of her career, which has spanned the UK, New Zealand and Australia.
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- September 17 2025
Hong Kong proposes marine risk pool in maritime push
Chief executive John Lee said in his annual policy address that the government would also promote exclusive captive and reinsurance businesses, as well as develop insurance products for the low-altitude economy.
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- September 16 2025
‘Opportunity is always in China’: rapid industrial growth ups ante for (re)insurance market: Rare Earth’s Wei Wang
New energy storage, offshore wind power and overseas projects under the Belt and Road Initiative are key, the CEO of the (re)insurance broker told InsuranceAsia News' Between The Lines podcast.
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- September 16 2025
Marsh’s Johannes-Daniel Veldsman to join Gallagher Australia in March
Veldsman has been working at Marsh for six and a half years, most recently as head of corporate and commercial for its Pacific business.
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- September 12 2025
Kiwi insurer Tower upgrades FY24 NPAT guidance, downgrades GWP growth outlook
Kiwi insurer expects underlying net profit after tax (NPAT) of US$59.7-65.45 million.
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- September 12 2025
Berkley Insurance Asia appoints Jennifer Yeoh as marine claims manager
With extensive in maritime claims, Yeoh will enhance the (re)insurer's claims operations and support its continued growth.
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- September 11 2025
Sompo Japan hires Heiko Thienenkamp as commercial business COO, Hiroki Ohashi as head of financial lines
Appointments form part of Sompo Japan's plan to expand its commercial business underwriting and operational capabilities.
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- September 11 2025
Asia’s power sector attracts insurer appetite amid transition to clean energy, soft market: Willis
Insurers are offering more long-term agreements for buyers, with infrastructure hotspots such as Indonesia, Vietnam and the Philippines attracting capacity.
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- September 10 2025
Global offshore energy premiums declined 7.9% to US$4.34bn in 2024: IUMI
Reduction was most pronounced in the European market, while Japan, Malaysia, and Egypt reported stable-to-downward trends, the International Union of Marine Insurance (IUMI) reported at its annual conference in Singapore this week.
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- September 10 2025
W&I sustainability in jeopardy as low premiums, high claims spark concerns amid ‘competitive’ market
Number of London-based underwriters have transferred to APAC, highlighting the need to understand local nuances and risk profiles, rather than replicating practices from Europe, sources told InsuranceAsia News.
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- September 9 2025
Midea Group founder takes 11.5% stake in Samsung P&C China: reports
Acquisition from Yuxing Technology Development will make Foshan Shunde District Junlan Hotel Management the third-largest shareholder, pending regulatory approval.
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- September 9 2025
Howden strengthens Pacific cyber offering with Lockton hire
Jack Bassett relocates to Sydney from London, where he had been assistant vice president at Lockton.
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- September 8 2025
Price Forbes hires Eric Wang as head of affinity in Singapore
He will be responsible for leading and growing the company's facultative reinsurance portfolios across key affinity products.
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- September 8 2025
Global P&C tops US$2.4 trillion, set to near double by 2040: Swiss Re
The sector's premiums are increasing at or above the rate of global economic growth, with high-risk property and liability insurance seeing the fastest rise, according to latest Sigma report.