Country: Asia Pacific Page 16 / 606
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- March 13 2026
Australian cyber market softening slows as threat level increases: Gallagher
Demand for cyber insurance in Australia is escalating following high-profile breaches and advances in technology, broker says.
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- March 13 2026
Petronas captive’s ratings downgraded as operating volatility persists: AM Best
Energas Insurance, which took a hit from a gas pipe explosion last year, has been affected by higher‑than‑expected large loss frequency, soft market and reserve strengthening.
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- March 13 2026
QBE adds Joanna Balmer to New Zealand corporate team
Balmer, has over two decades of experience in the industry, joins from WTW.
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- March 13 2026
Opinion: Russian marine insurers in India look increasingly secure after US oil waiver
A brief sanctions reprieve and India’s interim extension to Russian insurers help sustain marine cover for Russian oil shipments, preserving trade flows between the two countries.
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- March 13 2026
Hannover Re’s APAC P&C revenue falls 14.3% to US$1.9bn
Reinsurer's group COR improved to 84%, with the net reinsurance service result rising to US$3bn.
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- March 12 2026
Perils lowers Cyclone Alfred final insured losses estimate to US$1.34bn
Personal lines accounted for 70% of total industry losses, commercial lines 26%, and motor lines 4%.
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- March 12 2026
Generali Asia P&C operating profit drops to US$78.5m in FY25 as COR edges above 100%
The Italian insurer warned that Asia was most exposed to the Iran conflict due to Strait of Hormuz oil reliance.
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- March 12 2026
HDFC Ergo promotes Parthanil Ghosh to MD and CEO
Mumbai-based Ghosh has been an executive director with the carrier since May 2025.
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- March 12 2026
Warburg Pincus weighs sale of Oona Insurance after buyer interest: Bloomberg
The private equity firm has hired Citigroup to review strategic opportunities for the Southeast Asian digital general insurer.
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- March 12 2026
MS&AD elevates Clemens Philippi to chief strategy officer for international business
Norihiro Tanaka will become chairman of MSIG Asia, succeeding Tetsuya Adachi, who 'will conclude his tenure with the group'.
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- March 12 2026
ICA declares significant event following Northern Territory, Queensland floods
Heavy rain and flash flooding has struck Queensland and the Northern Territory this week.
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- March 11 2026
Aon Malaysia hires Generali’s Janice Wong as senior vice president for corporate
Wong was most recently head of broking at Generali Malaysia, where she worked for over 25 years, starting as an assistant general manager.
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- March 11 2026
Starr appoints Vivian Xiao Wei as China head of financial lines
Shanghai-based Xiao has 17 years of underwriting experience, with a strong background in financial lines.
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- March 11 2026
Malaysia’s Mandarin Re commits capacity to LIRG for property, ILW risks
Binder's scope includes traditional property cat exposures, ILW transactions designed to meet the retro and capital-management needs of cedents and reinsurers globally.
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- March 11 2026
Gallagher strengthens India liability, claims teams with four senior hires
The broker has appointed Mayank Sharma as national head of liability, Sunny Goel as strategic business leader for liability and renewable energy, Jyoti Krishnan as chief legal officer and national head of liability and specialty claims, and Nadeem Mokashi as head of P&C claims.
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- March 11 2026
West P&I strengthens Korean presence with new consultancy agreement
WIK Marine Consultant's director S. R. Kim has been appointed as West P&I’s representative in South Korea.
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- March 11 2026
Lockton expands APAC transaction liability practice with senior hire
The broker has appointed Robert Whitworth as senior vice president for its Asia Pacific transaction liability practice in Singapore.
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- March 11 2026
Hong Kong challenges global markets with lower marine war-risk premiums amid Middle East tensions
The Hong Kong marine war risk pool, offering up to US$130m limit per policy, now covers 10 mainland Chinese ships sailing in the Gulf, the Hong Kong Insurance Authority said.
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- March 11 2026
Steadfast acquires food and beverage specialist broker Victual
The deal also includes Victual's MGA business @ Risk Underwriting, which specialises in product recall solutions for the sector.
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- March 11 2026
Captive momentum accelerates in Asia as firms look to close insurability gap
Despite a softening market, a growing number of companies are turning to captives to manage emerging exposures and fill gaps left by the traditional insurance market.
