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- August 28 2025
‘We don’t need to wait’: Taiping Re eyes wider ILS program after debut cat bond
Hong Kong reinsurer considers other ILS products, such as sidecars, which meet its business and retro strategies, ILS specialists Jeffrey Li and Aaron Lin tell InsuranceAsia News.
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- August 27 2025
Sompo to acquire Aspen for US$3.5bn
Japanese insurer will pay a 35.6% premium for NYSE-listed Aspen shares in the all-cash deal.
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- August 27 2025
PICC P&C underwriting profit surges 45% to US$2bn on motor, property gains
China's large non-life carrier posted a combined ratio of 94.8%, a 1.4 percentage point improvement.
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- August 26 2025
Ping An P&C H1 topline up 7%, COR down to 95.2%
Chinese carrier’s premium income increased US$23.6bn.
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- August 26 2025
Scor Singapore to transfer entire business to Scor Re APAC
Proposed transfer, expected to take effect on January 1, is intended to create a more agile and efficient organisation.
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- August 26 2025
Australia home loan guarantee plan risks soaring house prices, outstripping LMI gains: ICA
Industry lobby calls for scheme to be targetted at buyers who genuinely need it to avoid the effective nationalisation of the lenders mortgage insurance (LMI) market.
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- August 25 2025
Sunshine P&C’s H1 COR improves to 98.8%; underwriting profit up 42%
Beijing-headquartered insurer's GWP was US$3.5bn, up 2.5% year-on-year, as non-motor lines posted strong growth.
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- August 25 2025
Amid breakout year, Willis supercharges Japan team as broker eyes a bigger piece of the pie
Head of Japan Roy Nakazawa tells InsuranceNews Asia about hiring 22 professionals this year across risk and analytics, facultative reinsurance, marine lines as well as business development, large accounts and claims functions.
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- August 23 2025
Full Capacity: Aspen rumours hint at Sompo’s global bet
This week's newsletter discusses the Japan FSA's increased regulatory oversight, Vesttoo's explosive lawsuit claim, Indonesia streamlining their domestic reinsurance, the Philippines non-life mergers, APAC's energy insurance competition and reports of Sompo's bid for Aspen.
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- August 22 2025
Japan to create new insurance regulator to strengthen oversight: reports
Financial Services Agency will be reorganised to create a separate Asset Management and Insurance Supervision Bureau in FY26, local media reports say.
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- August 21 2025
APRA targets promoting cost-effective reinsurance to general insurers
Australian regulator's 2025-26 corporate plan says it will release details on its proposals in the first half of FY26, and in the latter half, it will report the results of its climate vulnerability assessment for the general insurance sector.
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- August 19 2025
HDI Global APAC poised for growth in mid-market segments, complex placements
HDI Global’s Asia Pacific units reported continued growth in the first half of the year as the Germany-based corporate and specialty insurer grew its insurance revenue by 8% to EUR5.1 billion (US$6 billion).
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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.
