Country: Asia Pacific Page 18 / 569
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- October 8 2025
ARPC in ‘strong financial position’ despite ‘large scale’ impact of ex-Tropical Cyclone Alfred
Australian Reinsurance Pool Corporation suffered an operating deficit of US$587.5m during the 2024-25 financial year, according to its annual report.
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- October 8 2025
Japanese offshore wind a ‘big opportunity’ for (re)insurers: Tokio Marine
Head of marine, hull and energy Hiroyuki Ishijima speaks to InsuranceAsia News about Japan's target of having at least 30-45 gigawatts of offshore wind capacity by 2040.
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- October 7 2025
Gallagher Insurance NZ acquires Auckland-based brokerage 2Insure
Gallagher Insurance New Zealand continues its expansion with the acquisition of the licensed insurance brokerage and financial advice provider, which was founded by David Lim in 2014.
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- October 7 2025
Vietnam’s Typhoon Bualoi insurance payouts cross US$13m
Vung Ang 2 thermal power plant is believed to have suffered the biggest loss following typhoon Bualoi, which killed at least 53, injured 165 and left 14 missing after hitting 12 Vietnamese provinces last week.
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- October 7 2025
Christoph Spichtig to lead Ageas Re’s APAC property underwriting
Zurich-based Spichtig joined Ageas Re as lead underwriter for Asia Pacific in September following over 17 years with Scor.
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- October 7 2025
Eye in the sky expands tropical cyclone coverage across Australia, Japan to ‘fill the gap’ amid rising demand
Finnish firm ICEYE is also close to launching an earthquake product in Japan, global head of insurance Stephen Lathrope tells InsuranceAsia News.
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- October 6 2025
Australia’s insurance losses down 25% in 2024–25, ICA says
Declared events over the 12 months to June 30, 2025, included one cyclone and two floods, according to the Insurance Council of Australia (ICA).
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- October 6 2025
Rokstone adds 2 veteran marine underwriters to Singapore team
Specialty MGA is building out its Singapore hub led by Rama Chandran.
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- October 6 2025
Aon builds out regional construction team with Miller hire
Global broker appoints Singapore-based Selinda Wu as a regional director for construction and infrastructure in Asia.
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- October 6 2025
IAG New Zealand fined record US$11.4m for misleading customers
New Zealand's largest insurer admitted overcharging 269,000 customers US$20.4m, according to the Financial Markets Authority.
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- October 6 2025
Indonesia’s new minimum equity thresholds to ‘spur’ consolidation: Fitch
Push to raise minimum thresholds for insurers and reinsurers is expected to trigger widespread consolidation as weaker firms could become targets for acquisition, Fitch said in a report.
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- October 6 2025
Australian insurance sector remains stable despite slow topline growth, geopolitical tensions: S&P
However, supply chain disruptions and large losses from perils could also increase market volatility.
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- October 3 2025
AIG-backed Lloyd’s syndicate Talbot names APAC fine arts, specie underwriter
Tracy Mia Toh joins from parent company AIG, where she was the senior business development manager since July 2023.
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- October 3 2025
HDI Global appoints Kunihiko Suzuki as senior liability underwriter for Japan
Suzuki has over a decade of experience in casualty underwriting and reinsurance management.
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- October 3 2025
Marsh ANZ promotes Poppy Foxton to Pacific head of corporate and commercial
Foxton originally joined Marsh as a result of its acquisition of Honan Insurance Group.
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- October 3 2025
+8 Partners-owned Arete Adjusting expands to APAC with Hong Kong office
Cargo, liability, and logistics industry claims adjuster will be led in the region by Yuxing Ao.
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- October 3 2025
HMG taps Gen Re’s Orchis Li as CEO
She spent over a decade as general manager of Gen Re's Hong Kong branch.
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- October 2 2025
Tokio Marine Kiln to provide US$25m capacity for Rokstone Singapore
Lloyd’s carrier will provide 100% of the MGA’s Rama Chandran-led regional operation.
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- October 2 2025
Miller hires Midori Katayama as head of Japan desk in Singapore
Katayama joins the specialty (re)insurance broker from Mitsui & Co Risk Solutions.
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- October 2 2025
Typhoon Bualoi results in US$432m economic losses in Vietnam: reports
Insured loss is expected to account for 5-10% of the economic loss, McLarens' country manager in Vietnam told InsuranceAsia News.
