Country: Asia Pacific Page 10 / 641
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- August 13 2026
Dual Australia promotes Chloe O’Toole to lead commercial underwriter
Sydney-based O'Toole has been with Dual Australia since February 2025.
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- August 13 2026
Asian commercial insurance market stays buyer-friendly, insurers sharpen AI scrutiny: Aon
Risk-adjusted rates are declining by up to 10% for well-managed placements, with cyber, D&O, and preferred property leading the downward trend as competition intensifies.
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- August 13 2026
IAG shrugs off Greensill litigation settlement with ‘quality result’, but US$2bn claims still loom
CEO Nick Hawkins signals settlement talks before September's mega trial of the remaining claims.
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- August 13 2026
Higher claims costs drag IAG’s FY26 earnings down 25%
IAG paid out AU$12.4bn in claims in FY26, up from AU$10.2bn in FY25.
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- August 13 2026
Australia’s bird flu outbreak prompts livestock insurance warning for APAC farmers
Brokers say cover is often sub-limited to provide a proportion of the full limit, which allows insurers to limit their exposure.
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- August 12 2026
QBE Australia’s business MD Elliot Hill to depart
General manager for distribution Lorelle Hillman will take over on an interim basis.
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- August 12 2026
Hannover Re books 12.3% premium growth at mid-year renewals as rates slide 4.5%
Reinsurer’s P&C service result for H1 FY26 was up 33% to US$1.5bn, while its COR beat its target at 83.2%.
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- August 12 2026
PICC appoints veteran banker Tan Jiong as chairman
He succeeds Ding Xiangqun, who becomes the new head of the National Financial Regulatory Administration.
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- August 12 2026
Typhoon Dolphin losses hit US$178m as Beijing battles heavy rain, floods
Insurers across five provincial-level regions have received nearly 100,000 claims reports, with Ping An's estimated payouts exceeding US$96m.
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- August 12 2026
Kyobo Life eyes Axa Korea takeover to re-enter non-life market: report
If completed, the deal would bring Axa Korea back under Kyobo Life's wing after over two decades.
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- August 12 2026
Suncorp FY26 net profit slides 44% on US$1.4bn nat cat bill
Queensland-based carrier's GWP was up 3% year-on-year to US$11bn, while insurance service result was down 23% to US$850m.
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- August 12 2026
Suncorp reshuffles leadership team after profits tumble
Bridget Messer takes on a new role, with Michelle Bain taking over as chief risk officer, while Lisa Harrison and Michael Miller swap roles.
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- August 12 2026
‘Major risk modifier’ El Nino forces energy insurance rethink
As events intensify across Asia Pacific, insurers are moving beyond conventional underwriting to address shifting risk profiles, from hydropower disruptions to supply chain vulnerabilities, industry sources told InsuranceAsia News.
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- August 11 2026
Mandarin Re increases paid-up capital to US$26m
Capital increase willl support the Labuan-based reinsuer's US$70m GWP target for 2026.
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- August 11 2026
Jeong-Sook Kim joins UK P&I Club to steer South Korea presence
She is a qualified maritime lawyer who previously worked for Steamship Mutual for over a decade.
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- August 11 2026
Ian Clendenning to join Integra Technical Services as global head of mining
Veteran loss adjuster has over four decades of experience across Asia Pacific, Europe and the Middle East,
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- August 11 2026
MS First Capital’s new Gift City branch commences reinsurance operations
CEO Vikas Shukla also confirms the appointment of S Venugopalan as the CFO of operations within India's special economic zone.
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- August 11 2026
WTW names Jayne Bok as head of Hong Kong, Macau
She replaces Sean Deehan, who joined Aon as CEO of its Strategy and Technology Group for APAC in July.
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- August 11 2026
Aviso Specialty hires Shane Aitken as financial lines manager
Sydney-based Aitken has 20 years of broking experience, most recently as a principal within Marsh Specialty's finpro team.
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- August 11 2026
QIB Group names Alan Moran as chief broking officer
Peter Apolakiatis becomes Austcover's new general manager following Moran's promotion.
