Country: Asia Pacific Page 17 / 655
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- September 7 2026
Sompo adds Cedric Wong to Hong Kong financial lines team
Japanese insurer has been building out its financial lines team in Hong Kong.
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- September 7 2026
Hannover Re sees stable to softer APAC reinsurance rates in 2027
Reinsurer plans to make at least stable reinsurance capacities available for upcoming renewals, provided risk-adequate prices can be obtained.
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- September 7 2026
Data centre super cycle offers US$200bn premium opportunity, but fuels accumulation risk: Swiss Re
Investment in data centres and energy infrastructure is the biggest opportunity and risk for the insurance industry over the next four years, according to Swiss Re Institute.
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- September 7 2026
Charles Taylor elevates Andrew Milne to Australia managing director
He steps up from his role as director of natural resources, a position he has held since 2024, following the departure of Mark Thompson.
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- September 7 2026
China announces US$9bn recapitalisation plan for state-owned insurers
China Life and China Taiping will receive direct capital injections from the Ministry of Finance, while PICC and China Re will raise funds through a share sale to the ministry.
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- September 7 2026
Willis shifts Trevor Madden to lead APAC captive, insurance management solutions
Madden, who relocates to Singapore from Dublin, succeeds Joyce Chua.
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- September 7 2026
Cyber, AI ‘fundamentally changing risk landscape,’ demanding new solutions: Munich Re
German reinsurer also cites rising cost of non-peak perils after insured losses topped US$100bn for the first time last year.
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- September 6 2026
MS&AD eyeing European reinsurance broking market entry: report
Group's fronting arm, MS Transverse, aims to replicate its US model in the UK and broader Europe by tapping its exisiting reinsurer and MGA network.
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- September 6 2026
Gallagher Re Asia Pacific ex-chair Mark Morley joins XS Global treaty team
Morley joins his former colleague Mark O'Brien to develop and expand XS Global’s treaty proposition and portfolio across Asia.
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- September 6 2026
Seadrif wires second US$1.14m to Laos, WFP as heavy rains continue
Second payment lifts total parametric disbursements to US$2.278m in less than a week under a two-year sovereign policy that provides up to US$16m in multi-peril protection.
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- September 4 2026
Hana Financial weighs US$148m capital injection for insurance unit amid saturated domestic market: reports
If completed, Hana Insurance will have raised around US$370m in new capital within a year.
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- September 4 2026
Chubb names Samsung Fire veteran Il-Pyung Kim South Korea CEO
Outgoing CEO Janice Mo will step into the role of head of commercial P&C for South Korea.
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- September 4 2026
AM Best affirms Peak Re’s A- ratings, cites robust balance sheet and disciplined strategy
Reported capital and surplus grew by 17% to US$1.7bn in 2025, supported by a retention of underwriting and investment profits.
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- September 4 2026
Toa Re net profit reaches higest level on improved underwriting, lower catastrophe losses: AM Best
Ratings agency affirms a financial strength rating of A (excellent), and a the long-term issuer credit ratings of a+ (excellent), with a stable outlook.
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- September 4 2026
AM Best downgrades Himalayan Re amid CEO arrest, fraud investigation
Rating agency downgrades Neaplese reinsurer's ratings to B (Fair) and places them under review with negative implications.
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- September 4 2026
PARIMA’s Singapore conference to shine a light on ‘the new risk order’
Two-day event returns to Singapore, beginning with a one-day masterclass on October 14, followed by the conference on October 15.
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- September 3 2026
Sompo names Hairolnizam Sapian as APAC partnership development, management head
Kuala Lumpur-based Sapian will be responsible for advancing Sompo Asia's consumer growth agenda through the development and management of strategic partnerships across the region.
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- September 3 2026
AIG Australia scores Mahfuzur Rahman as senior professional indemnity underwriter
Melbourne-based Rahman joins from Chubb, where he had been a senior underwriter for financial lines and major accounts for Australia and New Zealand since September 2025.
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- September 3 2026
Brent Mullan returns from two-year travel, study break to join Gallagher New Zealand as head of marine
He joins the broker after a two year break, having last been a partner with Howden in New Zealand.
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- September 3 2026
Marsh Re appoints Andrew Hare as Japan CEO
He will assume the role from January 1, succeeding Jeremy Fox, who continues as chairman for Asia Pacific.
