Country: Asia Pacific Page 17 / 583
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- December 5 2025
Guy Carpenter wins Singaporean lawsuit against ex-employees, LK Re for using unlawful means to lure client
Reinsurance broker argued defendants worked together to establish a facility to place Samsung Fire and Marine Insurance's domestic warehouse risks, costing Guy Carpenter US$1.3m in revenue.
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- December 5 2025
Storms batter Southeast, South Asia, inflicting over US$20bn in economic losses: Aon
Thailand estimates Cyclone Senyar to be among its costliest, while Indonesia is reporting billions of dollars in damages and Cyclone Ditwah in Sri Lanka is projected to be the country's deadliest since 1978.
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- December 5 2025
Wang Fuk Court unlikely to alter China Taiping’s rating fundamentals: AM Best
Rating affirmed the carrier’s ratings as it is well-positioned to manage the claims, supported by its parent company and prudent reinsurance arrangements.
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- December 5 2025
Axa XL India snaps up Vishal Singh Rana as construction underwriter
Former civil and tunnel engineer previously worked for Prudent Insurance Brokers and Munich Re.
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- December 5 2025
Specialist Australian insurer Eclipse names Andrew Hookings as senior casualty underwriter
Sydney-based Hookings brings over 25 years of experience across the insurance industry, with a background spanning claims, property, and distribution.
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- December 5 2025
Queensland, New South Wales hail claims top Halloween Hailstorms
Suncorp has responded to more than 6,500 vehicle claims following the severe weather event.
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- December 5 2025
Steadfast shares rise following report of Blackstone interest
Private equity giant is reportedly weighing a US$4.6bn bid for the ASX-listed broker.
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- December 5 2025
IAG hires Phillip Gibson as CEO of New Zealand
Former Aviva Canada executive will join IAG New Zealand in March, replacing Amanda Whiting.
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- December 5 2025
After Hong Kong and Singapore’s flying start, Malaysian Re mulls ILS market entry amid ‘early stage’ discussions
Largest reinsurer in Malaysia expects to increase its GWP to around US$580m in FY25, president and CEO Ahmad Noor Azhari Abdul Manaf tells InsuranceAsia News.
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- December 5 2025
Solera ‘ready to invest’ in Hong Kong market
US provider of claims management software wants to expand its footprint in APAC having already established themselves in Japan, South Korea, Vietnam, Australia, Singapore, Thailand, and mainland China, according to international managing director, Arnaud Agostini.
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- December 4 2025
Hong Kong fire losses manageable for sole insurer China Taiping: Fitch
Strong state-linked support, diversified operations and solid capital alongside extensive reinsurance underpin the view that net losses from the deadly fire at Wang Fuk Court will remain within rating sensitivities.
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- December 4 2025
Tiptree shareholders approve US$1.65bn Fortegra sale to South Korea’s DB Insurance
All-cash deal was approved at a special meeting on Wednesday.
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- December 4 2025
30 Hong Kong insurers issued over 8,700 life, property policies to Wang Fuk Court residents: HKIA
Hong Kong Insurance Authority (HKIA) CEO Clement Cheung says the authority has set up a special task force, led by senior executives, following last week's deadly blaze.
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- December 4 2025
APAC non-life insurers to remain stable in 2026 as capital strength offsets regulatory, catastrophe pressures: Fitch
Stable margins and strong solvency expected, Fitch says, with disciplined pricing and steady reinsurance support underpinning a neutral outlook.
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- December 4 2025
Liberty Specialty Markets revamps APAC underwriting structure with 5 promotions
Moves for Marcus Thomas, Brett Gardiner, Angelo Maniatis, Shawn Anderson, and Ben Hissey impact Singapore, Hong Kong, China, India, Malaysia, and Australia.
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- December 4 2025
AI is a ‘once in a generation’ change for insurance
AI is at the forefront of the agenda at the Insurtech Insights Asia conference in Hong Kong this week.
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- December 4 2025
‘We’re built to last’: Everest Re’s Kevin Bogardus on Asia growth with diversification, client focus key
Regional CEO speaks to IAN about reinforcing the reinsurer's APAC footprint by sticking to a long-term, relationship-driven strategy, ramping up speciality and structured solutions, and moving closer to key markets such as India.
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- December 3 2025
Anna Kohls to take charge as Allianz Re APAC CEO as Kenrick Law departs
Kohls will oversee operations in Singapore and lead the third-party P&C business across Asia Pacific from January 1.
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- December 3 2025
APAC M&A outlook optimistic as turbulence creates value, WTW says
M&A market is on track to achieve its best-performing year since the dealmaking boom that followed the coronavirus pandemic slowdown, 'paving the way for a stronger year ahead', according to a report.
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- December 3 2025
QBE confirms Sebastian Tjornelund as head of marine underwriting for Asia
He had assumed the role on an interim basis in July.
