Country: Asia Pacific Page 18 / 556
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- August 14 2025
Bridge Specialty reshuffles Asia leadership with David Ong elevated to Acorn chairman
Abhishek Chhajer takes over as Acorn International Network CEO, as first reported by InsuranceAsia News.
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- August 14 2025
Swiss Re’s Asian premium renewals almost flat in H1
Shares rose on Thursday after results also showed Swiss Re made a net profit of US$2.6bn in the first half of 2025.
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- August 14 2025
Sompo’s Q1 P&C profit up 37% on strong domestic performance
Japan unit reports 96.1% COR, a 7.2 percentage points improvement from 103.3% a year ago on strong fire and motor results.
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- August 14 2025
India’s Zurich Kotak hires Sukesh Shetty as COO
Mumbai-based Shetty joins the firm following 15 years at SBI General Insurance, most recently as COO.
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- August 14 2025
Hyundai Marine & Fire’s H1 profit falls 46% due to lack of previous year’s windfall
South Korean insurer’s profit plunged as underwriting losses mounted, despite stronger investment returns.
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- August 14 2025
Suncorp underwriting result soars 54% to top US$1bn in FY25
Australian insurer's profit after tax was up 53% to US$1.2bn, boosted by asset sales and a 'favourable' natural hazard experience.
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- August 14 2025
Australian broker McLardy McShane seeks to ‘build the next generation’, unveils new look executive structure
Meg Long becomes CEO of McLardy McShane Partners, while Nick McLardy takes over as CEO of McShane Insurance Advisers.
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- August 14 2025
Crawford eyes India, China potential amid regional consolidation drive: Scott Reichelt
Asia president also tells InsuranceAsia News about the appointment of Tony Chapman as head of global technical services in Asia, the importance of training younger talent, and new nat cat trend events in unexpected locations.
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- August 13 2025
Samsung Fire & Marine’s H1 insurance profit down 16% at US$730m
South Korea’s largest carrier’s insurance revenue was up 9.4% to US$6.7bn, while reinsurance revenue increased by 89% to US$363m.
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- August 13 2025
Aon’s reinsurance solutions promotes Jocelyn Po to Philippines head
Po has been at Aon's reinsurance solutions for almost 12 years.
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- August 13 2025
Australia’s Envest targets heavy motor fleet sector with new agency
Led by managing director Pat Miller, TLI Underwriting is set to launch on August 31 to deliver specialised, BHSI-backed insurance solutions.
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- August 13 2025
IAG FY25 net profit surges 51.3% to US$887m, COR improves to 87.2%
Strong uplift in profit driven by 'disciplined approach to pricing, underwriting and claims efficiencies, combined with favourable perils experience'.
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- August 13 2025
US-Japan nat cat double whammy warning sends ripples through the market
Scientific studies suggest global cyclones could be more closely linked than previously thought.
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- August 12 2025
Hannover Re’s H1 APAC revenue growth lags broader group
Reinsurer's APAC revenues fell 4.8% year on year in the first half of 2025, versus a 3.3% gain for the group.
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- August 12 2025
360 Underwriting hires CGU’s Pegah Vaghaye as Australian agencies’ COO
Sydney-based Vaghaye will oversee the optimisation of operational processes, integration of new agencies, and digital enablement initiatives.
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- August 12 2025
Lockton India appoints Darshan Parikh as senior director to corporate solutions group
Mumbai-based Parikh joins the broker following seven years at Marsh, and will be responsible for driving growth and expansion within the marine, aviation, and space practices.
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- August 12 2025
Chinese lessor Avmax secures US$29m from Liberty-led insurers for planes lost in Russia
Company had leasing contracts with Russian carriers for three Dash 8 turboprop regional airliners, which are now irretrievable due to sanctions.
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- August 12 2025
With a US$3bn market on the horizon, a hydrogen-powered future creates ‘far-reaching’ implications for insurers
Product lines such as energy, natural resources, and liability are likely to see the biggest impact from hydrogen risks over the next five to 10 years, followed by property and marine, industry insiders tell InsuranceAsia News.
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- August 11 2025
Howden brings on board Shipowners’ Hari Subramaniam in Asia marine leadership role
Singapore-based Subramaniam has been appointed chief commercial officer for marine, cargo and logistics Asia.
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- August 11 2025
Aon names Murali Raj as complex property claims advocate for Asia
Singapore-based Raj joins from WTW, where he spent more than 13 years in senior claims leadership roles.
