Country: Asia Pacific Page 12 / 617
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- May 7 2026
Chinese insurers pay US$2.2m in aftermath of deadly Hunan fireworks factory explosion: reports
PICC, Ping An, China Life, Taiping and Sunshine Insurance face the most exposure and have activated emergency response plans and sped up claims settlement.
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- May 7 2026
Tokio Marine GX ‘treading carefully’ on Singapore entry as market softens, chairman says
Tokio Marine Holdings' green insurance unit is gaining traction in the green transition insurance market – yet finds itself at a 'crossroads', Fraser McLachlan tells InsuranceAsia News.
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- May 6 2026
AIG hires Ivy Thoo as senior casualty underwriter
Singapore-based Thoo joins following five years in business development managerial roles at Allianz.
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- May 6 2026
Deadly China fireworks blast triggers US$878,000 work safety payout from Ping An P&C
President Xi Jinping orders an investigation after Monday's explosion at a fireworks manufacturing hub in south-central Hunan province kills at least 26 and injures 61.
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- May 6 2026
New Zealand faces ‘pockets of vulnerability’ from rising home insurance costs: RBNZ
Rising premiums due to increasing rebuild costs, climate change and better modelling and retreat of insurers from certain areas are likely to cause financial instability, central bank says.
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- May 6 2026
AIG moves Igor Chichkan to Singapore as APAC financial lines underwriting manager
He relocates from the insurer's Dubai office, where he was head of financial lines for the UAE.
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- May 6 2026
Sedgwick Australia appoints Simon Kay as CEO, Kimberley Daley as COO
Interim CEO Phil van Zyl will resume his focus on leading the New Zealand business.
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- May 6 2026
Igloo charts next growth phase with international M&A, AI-native overhaul, category expansion
CEO Raunak Mehta tells InsuranceAsia News' Between the Lines podcast about the Southeast Asian insurtech's next phase of growth using a three‑pillar strategy.
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- May 5 2026
Asia market softening continues in Q1 despite Iran conflict impacts: Aon
India led Asia’s Q1 softening with double-digit rate cuts across property, D&O and cyber, while Japan remained an outlier with rate increases, the broker said.
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- May 5 2026
AIG Australia hires Marsh veteran Carrisa Chung as underwriter for commercial property
Perth-based Chung has been working at Marsh since 2006, most recently as divisional manager for client services for Local Government Insurance Scheme, a mutual protection scheme of West Australian government.
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- May 5 2026
AIG hires Brannigan Ong as head of reinsurance for A&H
Singapore-based Ong was most recently a senior A&H underwriter for Asia at Everest.
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- May 5 2026
Aon bolsters Thailand operations with three appointments
Nicole Oversier rejoins Aon as Asia transaction solutions director, while Arisara Leekitratanapisan is appointed manager for Japan and Yuwaree Saensuk for health solutions.
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- May 5 2026
Lockton appoints new Malaysia, India heads
Broker appoints Nicholas Lee as CEO of Lockton Sime in Malaysia, while Jay Sharma steps into the role of India CEO.
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- May 5 2026
Munich Re Retakaful appoints Kevin Rethual as CEO
He takes over from Serena Thio, who will transition into a senior advisory role before retiring from Munich Re at the end of 2026.
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- May 5 2026
Lockton Singapore promotes Adin Eng to head of corporate risks, overseeing P&C
He joined Lockton in July, having previously worked at MS First Capital and Oneglobal Broking.
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- May 4 2026
Zurich Malaysia names Wayne Leow as country head for commercial insurance
Kuala Lumpur-based Leow joins from Chubb, where he had been holding senior broking roles for nearly eight years.
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- May 4 2026
AIG elevates Hong Kong duo to casualty lead roles
Insurer promotes Evelyn Li to casualty corporate lead, and Carmen Ho to casualty major account lead.
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- May 4 2026
Sudarlin Uzir joins Aon Indonesia as head of industry specialties
He has almost three decades of experience in (re)insurance, having previously held board-level roles in Hong Kong and Indonesia.
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- May 4 2026
Australia’s ATC acquires Frontier Global to expand financial lines, London market footprint
Co-founders Sophie Fraser and Joel Pridmore will continue to lead the business under the BP Marsh-backed MGA.
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- May 4 2026
Asia nat cat insured losses top US$5bn, economic damage reaches US$65bn in 2025: Swiss Re
Some of the largest loss-making events struck lower-income countries with low insurance penetration and weak risk preparedness, according to an Asia analysis from Swiss Re Institute.
