Country: Asia Pacific Page 1 / 596
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- March 31 2026
‘The onus is on all of us’: Hong Kong’s ILS market needs buy in from local investors, Peak Re says
Awareness of the asset class and its benefits is low among locally based funds in Hong Kong, head of third-party capital Iain Reynolds tells InsuranceAsia News.
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- March 31 2026
Indian regulator approves shift to new financial reporting for insurers from Wednesday
Amendments represent a significant step towards modernising the financial reporting framework of the insurance sector in India, the Insurance Regulatory and Development Authority of India says.
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- March 31 2026
JC Flowers acquires controlling stake in India’s Niyam Group
American PE firm is also lead investor in the group's newly established Lloyd’s carrier, Niyam Syndicate 2047, which is set to commence underwriting from Wednesday.
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- March 31 2026
QBE hands Mandy Chan expanded role as head of operational power generation, ESG for Asia
Singapore-based Chan, who is currently Asia senior engineering underwriter, will continue to lead QBE's operational power generation portfolio and regional ESG initiatives.
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- March 31 2026
Peak Re grows FY25 underwriting result 12.7% to US$163m, GWP up 25%
Hong Kong carrier's reinsurance revenue grew 33% to US$1.5bn, while GWP stood at US$2bn, according to the annual results of parent company Fosun International.
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- March 31 2026
MSIG taps Masanori Ishibashi as Hong Kong deputy CEO
He takes over from Shujiro Suzuki, who will move to a new role within the MSIG group.
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- March 31 2026
Gallagher acquires Australia’s International Insurance Brokers
Acquisition is Gallagher's second in Australia this month.
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- March 31 2026
Capital optimisation key for Japanese insurers as new solvency regime arrives
New economic value-based solvency regime will replace the existing solvency margin ratio with an economic solvency ratio on Tuesday.
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- March 30 2026
Jio Financial Services targets 2026 entry into life, general insurance
Company expects to partner with Allianz to underwrite in India, according to local media.
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- March 30 2026
South Korea non-life carriers’ insurance income plunges 32% despite premium growth
Insurance income fell to US$3.7bn in 2025, but premium income grew 10% to US$92bn, Financial Supervisory Service data shows.
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- March 30 2026
Delta Insurance New Zealand promotes Dinesh Murali to managing director
He has been with the MGA for 12 years, most recently as chief underwriting officer.
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- March 30 2026
Korean broker Simon Global launches Hong Kong-based MGA SXG Underwriting
SXG Underwriting receives Lloyd's coverholder approval and will initially focus on healthcare liability.
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- March 30 2026
Sumit Aneja to lead Niyam Group’s new Gift City reinsurance branch
Niyam Group is the first insurance intermediary office from India’s first special economic zone to offer Lloyd’s of London capacity.
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- March 30 2026
Iran conflict imposes ‘squeeze’ on Asian PVT covers
Iran conflict has sparked a hardening of political violence and terrorism (PVT) insurance rates in Asia and a spike in demand for coverage, according to brokers and underwriters.
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- March 29 2026
ARPC declares end of reintensified Tropical Cyclone Narelle
It was the first Australian cyclone to make landfall in three states in over 20 years.
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- March 28 2026
Krishnamoorthy Rao returns to Generali to lead India P&C JV
He was formerly with Generali in India and Malaysia for over 16 years.
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- March 27 2026
CPIC’s P&C insurance division shows ‘marked improvement’
Combined ratio fell by 1.1% to 97.5% in FY25, while the division’s primary premium income was almost flat at US$29.6bn.
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- March 27 2026
Philippine cedents ‘buying smartly’ as market softens, proportional capacity returns
Reinsurance brokers are witnessing up to 15-20% rate reduction on a risk-adjusted basis at 1.4 renewals, as nat cat losses were manageable and less severe than anticipated.
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- March 27 2026
PICC P&C’s FY25 underwriting profit zooms 119% to US$1.8bn, COR down to 97.5%
China's largest insurer reported premium income of US$80bn, while its net profit grew 25% to US$5.8bn.
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- March 27 2026
Jeremy Robson named acting Suncorp CEO
Robson will fill in for CEO Steve Johnston, who is taking medical leave.
