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- August 19 2025
Asia’s revitalised art market attracts new capacity as demand for tailored cover grows
Fion Ko, associate director of fine art and specie for Asia at Willis, tells InsuranceAsia News' Between The Lines podcast that an increasing demand for digital art is posing challenges as the market finds ways to cover the emerging risks.
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- August 18 2025
Filipino carriers FPG Insurance and Mercantile Insurance to merge
Combined entity, FPG Mercantile, expects to become a top-four player in the Philippine non-life market, with US$175 million in GWP.
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- August 16 2025
Full Capacity: Aussie insurers’ record profits, soaring shares and stubborn premiums
This week's newsletter discusses Hong Kong's captive insurance push, Bridge Specialty's Asian expansion plans, the ACCC's tough new merger control regime, and the triumphant results for the big three Aussie insurers.
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- August 15 2025
Vesttoo creditors launch lawsuit against Aon, CCB for fraudulent conduct
The complaint alleged Aon’s IP-linked product's transactions were the primary cause of Vesttoo’s downfall, while it also sought damage from CCB for forgery of letters of credit.
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- August 14 2025
Sompo’s Q1 P&C profit up 37% on strong domestic performance
Japan unit reports 96.1% COR, a 7.2 percentage points improvement from 103.3% a year ago on strong fire and motor results.
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- August 13 2025
Samsung Fire & Marine’s H1 insurance profit down 16% at US$730m
South Korea’s largest carrier’s insurance revenue was up 9.4% to US$6.7bn, while reinsurance revenue increased by 89% to US$363m.
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- August 12 2025
360 Underwriting hires CGU’s Pegah Vaghaye as Australian agencies’ COO
Sydney-based Vaghaye will oversee the optimisation of operational processes, integration of new agencies, and digital enablement initiatives.
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- August 12 2025
Chinese lessor Avmax secures US$29m from Liberty-led insurers for planes lost in Russia
Company had leasing contracts with Russian carriers for three Dash 8 turboprop regional airliners, which are now irretrievable due to sanctions.
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- August 11 2025
Richard Jones starts at Gallagher Re as chairman for Southeast Asia, Taiwan and South Korea
Kyung Won and Vinay Ananthanarayanan have also started at the reinsurance broker, as revealed by IAN in February.
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- August 11 2025
Hong Kong goes up the gears, hands Chinese carmaker SAIC regulatory approval for captive
Second authorisation of its kind in 2025, reflecting signs of momentum building to develop Hong Kong into a captive domicile, regulator says.
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- August 11 2025
MS&AD Holdings’ Q1 profit up 19% to US$1.6bn
The Tokyo-headquartered giant reported strong overseas topline growth, domestic business reports no nat cat losses.
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- August 11 2025
MSC Elsa 3 owner seeks to cap liability as Indian state government files US$1bn suit
The lawsuit by the owner of the container ship that sank off the India coast seeks to limit the amount of potential claims to US$14.2m citing the large number of claims already filed.
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- August 9 2025
Full Capacity: Insurtech’s new frontier
This week's newsletter discusses Howden Re's Dubai expansion, recent M&As, week of nat cats in Asia, Aussie MGA Blue Zebra's ambitions, and the emerging trend of AI insurtech startups.
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- August 8 2025
Bridge Specialty hires Price Forbes’ Abhishek Chhajer as Asia chief executive
Brown & Brown-owned broking group has two brokers in the region, Singapore-based Acorn and Hong Kong-based Capstone.
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- August 8 2025
Capstone’s Dan Dibden launches crypto-focused broker in Hong Kong
Fraction will predominately focus on the digital asset ecosystem, assisting companies throughout Asia on risk transfer solutions.
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- August 7 2025
Tokio Marine’s Q1 results handed domestic nat cats boost, strong overseas results
Domestic COR improved by 13.3 points to 86.2% in Q1 FY25, while international non-life businesses' topline grew 4.3% year on year.
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- August 6 2025
Heavy rain, floods, landslides leave insurers counting losses across Hong Kong, China, India
Torrential rain this week caused substantial damage and disruptions.
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- August 6 2025
Howden Re secures Dubai licence for Middle East, South Asia push
Dubai International Financial Centre operation will focus on its treaty, facultative and MGA reinsurance offerings across the Middle East, Africa and South Asia regions.
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- August 6 2025
Gallagher acquires Australian agri specialist broker Mack Insurance
Lizzie Carver-led business will integrate with Gallagher, working from offices in Wagga Wagga and Narrandera in New South Wales.
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- August 5 2025
UIB International exits India JV with sale to Edme Services
Sale of minority shareholding in UIB India follows a strategic review by the international broker.
