Country: Asia Pacific Page 1 / 568
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- December 11 2025
Aon taps Marsh’s James Harmer as head of global and corporate for Australia
Harmer spent over three years as a broker with Aon's political risk and structured credit team in London until October 2013 before he moved home to Sydney in 2014.
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- December 11 2025
ACCC opposes IAG’s deal for RAC Insurance
Australia's antitrust regulator says the deal would undermine competition in Western Australia in home and motor insurance, but the insurer intends to contest the decision.
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- December 11 2025
Descartes shakes things up with Japan earthquake launch, treaty parametric push to drive APAC growth
As traditional cat reinsurance tightens and retentions harden, Descartes is betting big on parametric covers, fresh capacity, and Japan as a launchpad for change, APAC head Ben Qin tells InsuranceAsia News.
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- December 10 2025
PICC vice president resigns amid state investigation into disciplinary breach
Zhang Daoming named temporary responsible officer for the state-backed insurer following Yu Ze's resignation.
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- December 10 2025
Japan downgrades loss estimates from a potential Tokyo earthquake to US$530bn
A 7.3-magnitude earthquake hitting the metropolitan area could also kill 18,000 people in the worst-case scenario, the draft government estimate showed.
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- December 10 2025
Sompo boosts Hong Kong underwriting structure with double promotion
Ophelia Szeto and Jessica Lai will assume their new roles with the insurer from January 1.
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- December 10 2025
The Standard Club Asia goes into run-off as all renewals switch to NorthStandard
All insurance business previously underwritten by The Standard Club Asia will be renewed into NorthStandard from February 20.
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- December 10 2025
HDI Global eyes ‘one-stop shop’ with further hires, product launches in Southeast Asia
Cristiano Pizzocheri, head of market management for Southeast Asia, South Asia, and the Middle East in Singapore, tells InsuranceAsia News that the insurer plans to add more staff in Singapore in 2026 and bring financial lines, A&H, cyber products to the region.
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- December 9 2025
Over half of US$10bn losses from recent Southeast Asian floods attributable to business interruption: Moody’s
Modelling specialist noted that some atmospheric indicators suggest that parts of Southeast Asia are already experiencing La Niña-like conditions.
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- December 9 2025
Japan issues megaquake alert after 7.5-magnitude earthquake
There is a slight increase in risk of a magnitude 8-level quake and possible tsunami occurring along Japan’s northeastern coast from Chiba, just east of Tokyo, to Hokkaido, according to the Japan Meteorological Agency.
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- December 9 2025
Aaron Shead becomes head of property for Chubb’s overseas general insurance business
He has been with the US insurer for over 25 years in Asia, Bermuda and the UK.
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- December 9 2025
Sing Re’s ratings bolstered by Odyssey Re guarantee: S&P Global
Rating agency assigns AA- long-term financial strength rating with stable outlook to the Singapore reinsurer, mirroring the ratings of its guarantor.
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- December 9 2025
Kiwi insurer Tower fined US$4m for misleading 61,000 customers
Tower had self-reported the issue in 2021, admitting that it had contravened the Financial Markets Conduct Act by making false or misleading claims about its multi-policy discount offer since September 2016.
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- December 9 2025
Not resting on their laurels, people-powered Miller eyes seat at South Korea’s top table
Having begun operations at the start of the year, the specialist (re)insurance broker plans expansion through organic and inorganic growth as it seeks to be among the top three brokers within the next five years, country head David Kim says.
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- December 8 2025
Meritz Fire & Marine faces US$680,000 exposure to Coupang data breach
US-listed Korean retailer is facing class action suits in the US and South Korea following a data leak that compromised information of 34 million customers.
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- December 8 2025
‘China Taiping good enough on its own’ after Wang Fuk Court fire, HKIA CEO Clement Cheung says
About 10,000 active life insurance policies from 35 insurers and 1,800 property policies from 35 insurers have been identified as having been issued to residents, he adds.
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- December 8 2025
Howden drives Dhipaya, Ping An tie-up for EV warranty products in Thailand
Thailand's Dhipaya Insurance will underwrite extended warranty insurance products for Chinese EVs backed by reinsurance capacity from Chinese insurer Ping An and placed by Howden Re.
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- December 8 2025
Angie Siu to lead Latitude Brokers’ Hong Kong teams after WTW switch
Hong Kong-based Siu joins from WTW, where she spent over 8 years, most recently as director, marine.
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- December 8 2025
‘Foreboding’ start to Australia’s bushfire season with 20 homes destroyed in NSW
A firefighter died on Sunday evening after being struck by a tree while working on a bushfire at Bulahdelah on the state’s mid-north coast.
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- December 8 2025
Mitsui Sumitomo to get WR Berkley board seat after 12.5% stake acquisition
Following the US$3bn share buy, Japanese carrier is likely to nominate a board member by March, as per an earlier agreement.
