Country: Asia Pacific Page 11 / 606
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- March 31 2026
Property cat rates ease to pre-hard market levels even as Middle East turmoil tests specialty lines: Howden Re
April renewals see orderly completion with Japan cat XoL programs seeing up to 20% risk-adjusted reductions.
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- March 31 2026
China Re’s P&C net profit drops marginally to US$740m as revenue stays flat
Domestic P&C COR deteriorated to 95.98% as reinsurance service performance fell by half to US$109m.
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- March 31 2026
Specialty MGA hires HDI veteran Uwe Sievers to drive Japan expansion
As director business development, he will report to MNK Group chairman Manoj Kumar.
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- March 31 2026
Kensuke Hirai succeeds Ken Unoki as MSIG Singapore’s MD
Unoki is taking up a role at MSIG's head office in Japan.
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- March 31 2026
David Brumpton returns to Marsh, Jonathon Fox takes on expanded APAC role
Brumpton joins Marsh Pacific as head of client services. while Fox takes on the expanded role of Asia Pacific claims leader for Marsh Risk.
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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.