Country: Asia Page 1 / 424
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- September 11 2025
Sompo Japan hires Heiko Thienenkamp as commercial business COO, Hiroki Ohashi as head of financial lines
Appointments form part of Sompo Japan's plan to expand its commercial business underwriting and operational capabilities.
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- September 11 2025
Strategic sale, international growth hold Tokio Marine & Nichido Fire Insurance in good stead: AM Best
AM Best expects proceeds from disposals to provide additional flexibility for new business investments to strengthen operating performance over the long term.
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- September 11 2025
Asia’s power sector attracts insurer appetite amid transition to clean energy, soft market: Willis
Insurers are offering more long-term agreements for buyers, with infrastructure hotspots such as Indonesia, Vietnam and the Philippines attracting capacity.
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- September 11 2025
China Pacific Insurance secures US$2bn to fund internationalisation, AI
Hong Kong-listed Chinese insurer issues a zero-coupon convertible bond due in 2030 with a conversion premium of 25%.
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- September 10 2025
Global offshore energy premiums declined 7.9% to US$4.34bn in 2024: IUMI
Reduction was most pronounced in the European market, while Japan, Malaysia, and Egypt reported stable-to-downward trends, the International Union of Marine Insurance (IUMI) reported at its annual conference in Singapore this week.
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- September 10 2025
AIG promotes Naoko Masu to head of multinational for Japan
She has been with AIG for over 23 years, and was previously head of credit lines.
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- September 10 2025
W&I sustainability in jeopardy as low premiums, high claims spark concerns amid ‘competitive’ market
Number of London-based underwriters have transferred to APAC, highlighting the need to understand local nuances and risk profiles, rather than replicating practices from Europe, sources told InsuranceAsia News.
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- September 9 2025
Midea Group founder takes 11.5% stake in Samsung P&C China: reports
Acquisition from Yuxing Technology Development will make Foshan Shunde District Junlan Hotel Management the third-largest shareholder, pending regulatory approval.
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- September 9 2025
Allianz, Jio Financial confirm reinsurance JV incorporation
Allianz Jio Reinsurance (AJRL) will conduct reinsurance business in India following its incorporation on Monday.
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- September 9 2025
Ariel Re to launch new Lloyd’s syndicate 2006
Ariel Re, which underwrites business in Hong Kong, Bermuda, and London, has been given provisional approval from the UK exchange.
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- September 9 2025
Indonesian protests to result in ‘substantial’ losses, but PV market capacity not a concern
Claims likely to arise from riot, strikes, civil commotion and malicious damage perils from the protests which started in late August, sources told InsuranceAsia News.
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- September 9 2025
World Bank to back 5-year climate shield for Philippines agriculture
US$70 million initiative will create a co-insurance pool that offer protection from escalating climate-related risks.
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- September 9 2025
Aon appoints Angel Chiu as associate director for Delivering Aon United, growth team
Hong Kong-based Chiu makes the switch to Aon after spending most of her career in sales and business development.
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- September 9 2025
Marine insurers warned of never-before-seen challenge, geopolitics changing landscape overnight as IUMI opens in Singapore
International Union of Marine Insurance’s (IUMI) annual conference kicked off on Monday in Singapore, with president Frédéric Denèfle and Singapore's minister of state for transport Baey Yam Keng addressing delegates.
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- September 8 2025
Price Forbes hires Eric Wang as head of affinity in Singapore
He will be responsible for leading and growing the company's facultative reinsurance portfolios across key affinity products.
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- September 8 2025
Axa XL appoints Ramesh Sivanathan as principal officer for Malaysia
He takes on the combined role alongside his current position as business lead.
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- September 8 2025
Aon appoints Nitish Tiwari as deputy vice president for India global solutions
He will be responsible for providing solutions and expertise for property, construction, power and infrastructure.
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- September 5 2025
Generali GC&C Asia hires Emma Liu as head of casualty underwriting
Liu, who joins from AIG in Singapore, will relocate to Hong Kong in her new role.
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- September 5 2025
Marsh taps WTW’s Ellen Fung as strategic client director
Fung, who also previously spent over two decades at Aon, will be responsible for delivering strategic insights and tailored risk solutions to key clients in Hong Kong.
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- September 5 2025
Hong Kong’s Peak Re to maintain favourable underwriting profitability: AM Best
AM Best has affirmed a financial strength rating of A- (Excellent) and long-term issuer credit rating of a- (Excellent) to Peak Re and its subsidiaries, with a stable outlook.