Country: Asia Pacific Page 11 / 556
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- September 12 2025
Kiwi insurer Tower upgrades FY24 NPAT guidance, downgrades GWP growth outlook
Kiwi insurer expects underlying net profit after tax (NPAT) of US$59.7-65.45 million.
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- September 12 2025
Berkley Insurance Asia appoints Jennifer Yeoh as marine claims manager
With extensive in maritime claims, Yeoh will enhance the (re)insurer's claims operations and support its continued growth.
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- September 12 2025
RVS 2025: 5 APAC takeaways from Monte Carlo as soft market bites
Ageas Re and Peak Re also outline plans to deepen their Asian footprint, while property cat rate dips, carrier M&A revival and AI disruption shape conversations at the reinsurer gathering.
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- September 11 2025
Opulence launches cell captive in Labuan with China Re backing
The captive insurance cell is endorsed by the Labuan Financial Services Authority and operates under Goldman Insurance PCCC, a protected cell company.
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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 11 2025
Victor Insurance Australia names William Tien as underwriter
Tien previously spent over five years as an underwriter for Strata Community Insurance.
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- September 11 2025
Cargo market urged to focus with entire landscape under threat as US tariffs ‘make everybody nervous’
Cargo committee chair Mike Brews delivered the warning on the final day of the International Union of Marine Insurance’s (IUMI) annual conference in Singapore.
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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
Wind tops weather risks for Australians after stormy winter: IAG
Few protect their property despite Australia having 'some of the strongest and most variable winds in the world', according to a poll from IAG's NRMA Insurance.
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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
Ray Wong joins Canopius’ energy team in Singapore
He joins from Lancashire Insurance as an energy underwriter, reporting to APAC head of energy and construction Johnny Kim.
