Chinese insurers pay US$2.2m in aftermath of deadly Hunan fireworks factory explosion: reports
May 7 2026 by Joana Nguyen
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Michael Hannigan returns to AIG in Australia
- May 27
He begins a second stint following over two years at Berkshire Hathaway Specialty Insurance.
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Sompo continues Australia team expansion with addition of Everest’s Sophie Morrison
- May 12
She joins as a senior property underwriter, based in Sydney, and is the latest underwriter to join from Everest.
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MS Amlin launches industry-first property treaty consortium, boosts line size by 35% to US$67.5m
- May 7
New consortium simplifies placement for brokers and bring new capacity to Lloyd’s, with MS Amlin acting as lead underwriter, retaining authority for underwriting and claims.
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Deadly China fireworks blast triggers US$878,000 work safety payout from Ping An P&C
- May 6
President Xi Jinping orders an investigation after Monday's explosion at a fireworks manufacturing hub in south-central Hunan province kills at least 26 and injures 61.
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Sedgwick | Investing in people is shaping the future of loss adjusting in Asia
Sedgwick Asia says it is ready to meet the evolving challenges of Asia’s dynamic insurance markets.
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PartnerRe | Understanding ageing in APAC: why perception, planning and protection don’t always align
Ageing is shaping finances, family dynamics and insurance needs of the caregiving ecosystem, but current product propositions and underwriting frameworks are not keeping pace with protection needs, finds PartnerRe survey.
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BHSI | D&O in Asia in 2026: navigating geopolitics, insolvencies, and digital crackdowns without breaking the bank
A soft market presents organisations with opportunities to strengthen resilience, although the abundance of capacity is unlikely to persist.
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QBE | Elevating customer experience, humanising claims: QBE Asia’s ‘Solutions in a Box’
Vastly improving turnaround times and personalising service delivery, QBE Asia’s award-winning, end-to-end bundled claims solutions is a game-changer for the insurance industry.
