Country: Asia Pacific Page 12 / 606
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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.
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- March 26 2026
Ping An P&C doubles FY25 underwriting profit to US$1.5bn, COR improves to 96.8%
Chinese carrier's insurance revenue rose by 3.3% year-on-year to US$49bn.
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- March 26 2026
Middle East turmoil could test Asian insurers’ resilience, S&P warns
Disruptions to supply chains and heightened geopolitical tensions are expected to fuel inflation, slow growth and increase financial-market volatility, eroding insurers’ capital buffers.
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- March 26 2026
Allianz Jio Re JV begins operation, appoints Sonia Rawal as CEO
Mumbai-headquartered reinsurance JV will underwrite in India, effective immediately, across all lines of business, life and non-life, treaty and facultative.
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- March 26 2026
China Taiping’s Hong Kong P&C COR hits 103.4% in FY25 after Wang Fuk Court fire
Fall in underwriting results comes after its exposure to November's fire, which killed 168 people.
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- March 26 2026
Kiwi insurer Tower appoints Simon Hoole as interim CFO
He replaces Angus Shelton, who will commence a period of planned extended leave from May 1, having served as interim CFO since February 2025.
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- March 26 2026
Talbot hires Axa XL’s Grace Yeap as property underwriter
Singapore-based Yeap was most recently crisis management and special risks underwriter at Axa XL.
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- March 26 2026
Sompo names Soo Wai Har as CEO for Malaysia P&C arm
Kuala Lumpur-based Soo will take over the role from Tan Sek Kee, who will retire after nine years.
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- March 26 2026
New Zealand’s Ando taps Mike Bodman as head of marine
He was previously based in Boston as AIG's vice president and east region manager.
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- March 26 2026
Willis appoints Albert Andrew as finex leader for Southeast Asia
He was most recently WTW's finex facultative leader for the region.
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- March 26 2026
XS Global hires Daniel Abramson as head of construction underwriting for APAC
Abramson, who previously worked at AIG for 17 years, will be based in Hong Kong.
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- March 26 2026
‘Exciting times’ for Indian market as capacity influx drives steep softening at 1.4 renewals
Status as a magnet for global reinsurance capacity is driving significant rate reductions despite the ongoing conflict in the Middle East, according to brokers.
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- March 25 2026
Exclusive: Lloyd’s secures Gift City reinsurance licence
Lloyd’s was awarded a licence by Gift City regulator, the International Financial Services Centre Authority on Tuesday, as first reported by InsuranceAsia News.
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- March 25 2026
Hong Kong’s proposed RBC amendments credit positive, AM Best says
Adjustments could encourage domestic insurers with robust underwriting capabilities or strong parental backing to explore overseas growth opportunities.
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- March 25 2026
Aon’s Marcus Piristi joins Marsh as Pacific head of energy
Adelaide-based Piristi had spent nearly 13 years in global and corporate client roles at Aon.
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- March 25 2026
Tropical Cyclone Narelle re-intensifies off WA coast, ARPC declares new event
Narelle2 was declared by the Australian Reinsurance Pool Corporation (ARPC) at 4:00am Australian Eastern Standard Time on Wednesday.