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- March 18 2025
APAC business insolvencies to grow by 5% in 2025: Allianz Trade
Taiwan (+8%), South Korea (+3%) and Hong Kong (+2%) will see insolvencies continue to rise in 2025 due to weaker external demand and lagging effects of prolonged high interest rates.
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- March 17 2025
Aon names Nick Brown as Thailand director, head of natural resources
Brown, who was most recently director of natural resources for Asia, has spent seven years at the broker based in Jakarta, Singapore and Malaysia.
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- March 14 2025
MSIG expands Hong Kong, Singapore political risk and trade credit lines with US tie-up
Partnership will help carrier capitalise on growing demand for specialised cover in the region, leveraging US-based underwriting expertise alongside strong local presence and market knowledge.
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- March 13 2025
Generali Asia’s P&C operating result 16% down to US$79.3m in FY24, COR deteriorates to 99%
Asia continues to be a key target areas of growth for the Italian insurance group, alongside Latin America.
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- March 12 2025
Exclusive: Generali GC&C’s Asia head of casualty underwriting departs
Wendy Law leaves carrier after more than three years, IAN can reveal.
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- March 11 2025
‘Significant’ claims in the thousands expected from Cyclone Alfred, could add to premium pressure despite downgrade
Impact zone of 'wide-ranging event' spans over 500km, covering heavily populated areas between southeast Queensland and parts of northern New South Wales, with over 9,000 claims already lodged.
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- March 10 2025
KDIC recovers US$125m in public funds from Seoul Guarantee IPO
The state-owned Korean Deposit Insurance Corporation sold 10% (6,982,160 shares) of its total issued shares (93.85%) through the listing of Seoul Guarantee, and is expected to sell the remaining equity to recover an additional US$3.4bn.
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- March 7 2025
Glass ceiling showing cracks in evolving APAC as region’s women eye equal opportunities for all
As the world marks International Women's Day, female insurance leaders reflect on the strides made and the ongoing challenges that remain in the region.
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- March 5 2025
‘Any dollar trade could be risky’: sanction complications remain for insurers even as Trump mulls easing curbs
NorthStandard's head of external affairs Mike Salthouse discusses the impact of sanctions, the rise of shadow fleets, and the complexities of insuring maritime operations amid evolving geopolitical tensions.
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- March 4 2025
Japan’s FSA to investigate life carriers’ reinsurance deals with global funds: report
Regulator is concerned about the concentration of reinsurers operating in Bermuda as the trend gains momentum ahead of a new solvency regime being introduced on April 1.
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- March 4 2025
Analytics: Short-tail performance boost for Australia’s P&C carriers
APRA data shows general insurance COR improves in Q4 2024, while profit after tax almost doubles to US$1bn.
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- March 3 2025
Mercer Taiwan president Terence Hsu takes on expanded role as Marsh McLennan Taiwan CEO
Follows Seth Peller's appointment as CEO of Marsh McLennan for Hong Kong and Macau.
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- March 3 2025
Civil unrest, crime to remain major threats in APAC in 2025: Willis
9% of clients reported incidents in the region in 2024, a gradual increase from 6% in 2023, amid a complex and multifaceted threat environment.
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- March 3 2025
Thailand’s non-life 2023 underwriting profit at US$380m after US$1.5bn loss in 2022: AM Best
Rebound attributed to a rise in premium income and a decline in claims incurred, the rating agency said in its country report.
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- March 3 2025
Tune Protect’s insurance revenue up 4% to US$87.2m in FY24
Net insurance service result more than doubled, mainly attributable to improvement in the acquisition cost due to changes in the company's portfolio mix, as well as a lower reinsurance ratio.
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- February 27 2025
Japan’s deadly heavy snow likely to lead to property, BI claims with limited exposure
Regional loss adjusters tell IAN that record snowfall in Niigata, Ishikawa and Nagano prefectures, as well as other areas of Japan, has already led to travel delays, car accidents and property damage.
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- February 27 2025
Exclusive: Circles Group hands Julie Quach, Kenneth Tan expanded roles as Asia co-regional directors
Quach is in the process of being appointed Hong Kong responsible officer, while Tan has assumed the role of responsible officer for Singapore.
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- February 26 2025
Howden strengthens Western Australia presence with Major acquisition
Major Insurance Services will play an integral part in the broker's regional business, and will continue to operate from its Bunbury office.
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- February 26 2025
Seadrif to establish Southeast Asia agricultural risk finance facility through Asean partnerships
Southeast Asia Disaster Risk Insurance Facility and Food and Agriculture Organization of the United Nations will conduct a pre-feasibility assessment and work with six countries to assess gaps and implement arrangements for climate investments.
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- February 26 2025
Insurance Authority welcomes ILS pilot grant scheme extension in Hong Kong budget
Government extends scheme for insurance-linked securities (ILS) for three years, following 'favourable' response, Financial Secretary Paul Chan says.
