Country: Asia Pacific Page 13 / 556
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- September 4 2025
MG Non-Life’s bridge insurer starts operations
South Korean regulator transfers all insurance contracts and assets to Yebyeol Non-Life Insurance and all MG Non-Life Insurance operations have been suspended.
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- September 4 2025
BHSI promotes Anna Spink to head of marine for Australasia
Sydney-based Spink joined BHSI in 2018 and was most recently national manager for corporate property.
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- September 4 2025
Typhoon Wipha, flooding unlocks US$2m Seadrif parametric payout in Laos
Payout was made under the new sovereign parametric insurance policy issued by the Asian risk pool in May, which features an annual aggregate trigger.
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- September 3 2025
Chinese insurers surge ahead in global renewable premium race
People’s Insurance Company of China, Ping An Insurance, and Yingda Taihe Property Insurance added over US$200m in new renewable energy premiums between 2023 and 2024, according to Insure Our Future.
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- September 3 2025
Etiqa General Takaful promotes Khairoel Faiezy Hasnan to CEO
Kuala Lumpur-based Hasnan replaces Shahrul Azuan Mohamed, who has retired after 20 years with Etiqa.
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- September 3 2025
New South Wales strata managers to phase out insurance commissions
Move follows allegations in Australia last year that brokers and strata management firms were colluding to mislead clients by recommending more expensive policies and hiding cheaper offers from rival firms.
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- September 3 2025
Tokio Marine launches green transition underwriting platform
Tokio Marine GX is a fully operational underwriting business offering up to US$500m of capacity on any single risk.
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- September 3 2025
Australian MGA Lion Underwriting taps Chris Edwards to lead professional lines buildout
Veteran joins from Steadfast Group-backed MGA Quanta Insurance.
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- September 3 2025
Drive for growth and regulatory pressures to boost APAC insurance M&A
Despite a few standout deals, 2025 has been a relatively muted year for insurance M&A amid concerns about US trade policies and an abundance of organic growth for insurers.
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- September 2 2025
Gallagher Re to acquire Steadfast Re in APAC expansion push
Acquisition of the Steadfast subsidiary expected to close in Q4 2025.
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- September 2 2025
India’s Zurich Kotak General Insurance hires Birendra Mohanty as chief business officer
Mohanty, who joins from ICICI Lombard General Insurance, will oversee bancassurance, financial institutions group, SME, institutional and government businesses.
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- September 2 2025
‘Fundamental shift’ in risk landscape as average annual losses rise to US$152bn: Verisk
Frequency perils are driving sustained, high-impact losses across geographie and insurers must evolve their strategies to meet this challenge head-on.
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- September 2 2025
Sompo elevates See Ju Chua to head of capital management for APAC
Chua will lead regional capital strategy and regulatory alignment from Singapore and will report to APAC chief financial officer Takashi Kurumisawa.
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- September 2 2025
Damian Schinck takes the helm at Marsh Pacific as Josh Roach departs
Melbourne-based Schinck will oversee the broker's operations in Australia, New Zealand, Fiji and Papua New Guinea.
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- September 2 2025
Gallagher Australia taps Marsh veteran Alex Lumby as chief executive
Lumby, who was head of Mercer Marsh Benefits and chief client officer of Marsh Pacific, will succeed Sarah Lyons, who relocated to UK earlier this year, a Gallagher spokesperson told IAN.
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- September 2 2025
Gallagher India appoints Ishita Gogia as renewable energy lead
Gogia joins from WTW, where she spent over five years.
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- September 2 2025
QBE Malaysia appoints Soon Keong Tio as CEO, succeeding Sunther Kuppan
Tio was most recently chief executive of Cambodian carrier Campu Lonpac Insurance.
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- September 2 2025
WTW strengthens Southeast Asia H&B leadership with trio of appointments
Broker's health and benefits team has appointed Aon's Fong Han Wei as the head of Singapore, while Eva Liu has taken on an expanded regional role, and Lim Choo Ho has been promoted to head of Malaysia.
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- September 2 2025
Policybazaar for Business expands to UAE, Qatar, Oman, Sri Lanka
Indian reinsurance broker, which offer fac and treaty placements spanning property, marine, liability, cyber and climate-linked risks, seeks to build a pan-Asian and Middle Eastern reinsurance presence, as first reported by IAN.
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- September 2 2025
Asean trio top IUMI’s emerging ‘wish list’ ahead of Singapore conference
International Union of Marine Insurance (IUMI) secretary general Lars Lange also discusses addressing emerging risks from geopolitics, technology, and sustainability as the industry gathers for the annual conference.
