-
- August 7 2025
Zurich’s APAC H1 non-life GWP grows 14% to top US$2bn
Growth driven by motor and SME portfolios, commercial insurance expansion in India and Malaysia and digital partnerships.
-
- August 7 2025
Losses from Hong Kong’s record-breaking rainfall less widespread than 2023 black rainstorm: Sedgwick
Claims from Tuesday's downpour are expected to arise from damage to cars, facilities in buildings, hospitals, warehouses, resorts, theme parks, and construction sites, according to Alex Tang, director at Sedgwick Hong Kong.
-
- August 5 2025
Chubb promotes Matthew Dick to head of claims for ANZ
Since joining Chubb in 2007, Dick has held a range of specialty claims leadership roles in the UK and APAC.
-
- August 5 2025
Beijing flood losses to be ‘substantial’ as region braces for more rain
Insurers have received 65,000 reports of losses following last month's extreme rain, with an estimated insured loss of US$277m, according to regulatory data.
-
- August 4 2025
Mitigation key to tackling Asia’s emerging supply chain, battery, data centre risks: FM’s Martin Au-Yeung
Vice president and client service manager for North Asia also tells InsuranceAsia News' Between The Lines podcast that given the region’s diversity and lack of data, keeping a lid on the cost of risk is a balancing act.
-
- August 1 2025
FM announces key promotions in ANZ client service team
Melbourne-based Mairead Perkins steps up as vice president and assistant client service manager, while Sydney-based Ben Wyatt takes on the role of vice president and client service manager.
-
- July 31 2025
Tysers appoints Desmond Cheok as associate director for P&C in Singapore
Cheok previously worked at Sompo International as APAC casualty underwriting leader.
-
- July 31 2025
Chubb promotes Brian Hogan to A&H head for ANZ
He brings 20 years of insurance experience, including over 14 years with Chubb across Europe, the Middle East, and Asia Pacific.
-
- July 29 2025
Chubb pays US$321m for Liberty Mutual’s Thailand arm
The acquisition of LMG Insurance was completed on April 1, with recognised goodwill of US$183m and intangible assets of US$57m, the insurer said in a stock exchange filing.
-
- July 25 2025
India’s reinsurance market poised for massive growth, driven by infrastructure boom: Policybazaar for Business
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.
-
- 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.
-
- 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.
-
- 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.
-
- 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.
-
- 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.
-
- 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.
-
- 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.
-
- 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.
-
- 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.
-
- 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.
