Country: Asia Pacific Page 17 / 556
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- August 19 2025
HDI Global APAC poised for growth in mid-market segments, complex placements
HDI Global’s Asia Pacific units reported continued growth in the first half of the year as the Germany-based corporate and specialty insurer grew its insurance revenue by 8% to EUR5.1 billion (US$6 billion).
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- August 19 2025
Philippines’ Q2 insurance penetration hits 1.79% as non-life premiums surge 20%
The Insurance Commission credited the improvement to faster premium growth, with the non-life NWP for the first half of the year reaching US$694m.
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- August 19 2025
Asian Development Bank, UN collaborate to launch climate insurance solutions for Fijian small businesses
Initiative is supported by US$950,000 in technical assistance from the Asia-Pacific Climate Finance Fund.
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- August 19 2025
Darren Woolnough rejoins Dual as head of specialty
Auckland-based Woolnough had spent three years as a senior underwriter with the Howden-owned MGA during his first stint.
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- August 19 2025
Howden taps Chris Hughes to lead New Zealand broking
Howden is reshuffling the leadership of its New Zealand broking business, with Nigel Wallace elevated to chairman.
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- August 19 2025
Asia’s revitalised art market attracts new capacity as demand for tailored cover grows
Fion Ko, associate director of fine art and specie for Asia at Willis, tells InsuranceAsia News' Between The Lines podcast that an increasing demand for digital art is posing challenges as the market finds ways to cover the emerging risks.
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- August 18 2025
HDI Global appoints Mani Tsang as claims manager in Hong Kong
Tsang joins the commercial and specialty lines insurer from Axa XL, where she was the senior claims specialist since April 2022.
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- August 18 2025
Zurich veteran Mervyn Rea joins Howden as Pacific head of risk engineering
Melbourne-based Rea had spent over four decades at Zurich.
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- August 18 2025
Filipino carriers FPG Insurance and Mercantile Insurance to merge
Combined entity, FPG Mercantile, expects to become a top-four player in the Philippine non-life market, with US$175 million in GWP.
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- August 18 2025
Howden Re names Candy Wong as head of Hong Kong treaty
Veteran Hong Kong reinsurance broker joins from Guy Carpenter.
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- August 18 2025
Rising risks redefine marine insurer-clients relationships: IUMI’s Lars Lange
As the industry body prepares to host their annual conference in Singapore, sanctions and geopolitical risks continue to dominate concerns for carriers.
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- August 16 2025
Merger of 3 Indonesian reinsurers could hurt local insurers: Fitch
Proposed consolidation of Indonesia Re, Nasional Re and Tugure is intended to streamline the state sector.
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- August 15 2025
Li Choo Kwek-Perroy returns to Great Eastern as MD
She will lead teams responsible for customer segments and experience, product development, digital platforms, brand, marketing and communications.
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- August 15 2025
DB Insurance profits hit by rising nat cat claims, rate cuts
South Korean insurer's underwriting profit fell sharply in the first half as losses mounted from natural disasters.
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- August 15 2025
Regulatory shifts drag down Lotte Insurance H1 2025 profits
Insurance operating profit for the half stood at KRW21.6 billion, reflecting the direct impact of these regulatory changes in the first quarter.
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- August 15 2025
Frontier Global taps Tokio Marine HCC for commercial PI capacity in Australia, New Zealand
Financial lines specialist MGA will target mid-market to large corporate clients.
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- August 15 2025
Canopius adds Jinnan Tang to Singapore casualty treaty team
Tang joins the Lloyd's carrier from MS Amlin and will report to Andrew Parker, head of casualty treaty APAC.
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- August 15 2025
L&H powers Allianz’s Asia H1 growth as operating profit surpasses half-a-billion mark
The carrier's P&C units' business volume rose 9% to US$1.3bn supported by strong growth in China and Malaysia.
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- August 15 2025
Insurer warns of jumbo problems amid bulk cargo concerns at Asian ports
Ian Barr, chief claims officer at The London P&I Club, addresses the issue of flexible intermediate bulk containers, with particular problems noted in loading at some Chinese ports.
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- August 15 2025
Vesttoo creditors launch lawsuit against Aon, CCB for fraudulent conduct
The complaint alleged Aon’s IP-linked product's transactions were the primary cause of Vesttoo’s downfall, while it also sought damage from CCB for forgery of letters of credit.
