Country: Asia Pacific Page 2 / 514
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- April 29 2025
Australia’s 1688 Underwriting gains Lloyd’s coveholder approval
Sydney-based MGA can act as an agent for Lloyd’s syndicates in Australia.
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- April 29 2025
China United Property Insurance to maintain stable underwriting margin: Fitch Ratings
Global ratings agency affirms insurer financial strength rating of BBB+ with a stable outlook.
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- April 29 2025
India’s Bajaj Group seeks regulator’s nod to acquire Allianz SE’s 26% JV stake: report
Allianz SE agreed to sell its stake in its non-life and life insurance joint ventures for EUR2.6 billion (US$2.8 billion) in March.
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- April 29 2025
Pamela Beilby returns to Allianz Australia as national relationship manager
Sydney-based Beilby will be responsible for developing and executing national strategic partnership plans across key broker segments within Allianz.
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- April 29 2025
‘Time to act is now’: known unknowns pose real risk to renewable energy future
Growing number of green energy projects in Australia are facing ever more extreme weather risks, with insurers unable to access data and modelling to adequately understand their exposures.
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- April 28 2025
Price Forbes takes WTW veteran Kenichiro Miki as Japan head
Miki had established and led the Japan Global Practice Group (JGPG) for WTW Asia Pacific.
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- April 28 2025
Hanwha General Insurance to acquire 98.3% of Carrot Insurance: report
The deal will secure the general insurer management rights to the struggling digital insurance startup.
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- April 28 2025
Sompo appoints Kathleen Chin as APAC marine underwriter
She spent the last two years as an account manager for Oneglobal Broking, having also worked for the likes of Munich Re Syndicate Labuan and Guy Carpenter.
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- April 28 2025
AIG snaps up Munich Re’s Harprit Singh Narang as APAC cyber leader
Singapore-based Narang spent almost six years with Munich Re, having also worked for the likes of Deutsche Bank and Barclays Investment Bank.
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- April 28 2025
Howden Australia names new head of surety
Tony Cengic will relocate from London to Melbourne, having spent the last 10 years with Subsea 7.
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- April 28 2025
Japan’s insurers settled US$2bn nat cat claims in FY24: GIAJ
Noto Peninsula earthquake was the largest event in terms of claims for the fiscal year that ended March 31, 2025, according to the General Insurance Association of Japan (GIAJ).
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- April 28 2025
Skuld CEO calls for inclusive approach to secure level playing field for ship owners
Stale Hansen discusses India's P&I ambitions, following in China's wake, and the high-stakes challenges of growing dark fleet.
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- April 28 2025
Former NTUC Income CEO questions NTUC secretary-general’s leadership over Income-Allianz deal
In an open letter on April 27, Tan Suee Chieh urged residents to hold Ng Chee Meng accountable for the failed deal prior to upcoming Singapore Parliament election.
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- April 28 2025
India’s Parliament to introduce bill allowing 100% FDI during monsoon session: reports
India's Insurance Amendment Bill will first be placed before Cabinet for its approval, after which the Department of Financial Services under the finance ministry would begin the introduction process.
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- April 25 2025
Chinese broker Yuanbao targets US$676m US IPO valuation: report
Existing shareholders express interest in buying up to US$17 million worth of American Depositary Shares (ADSs), according to Reuters.
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- April 25 2025
4 more Russian insurers seek India’s nod to provide marine cover for crude tankers: reports
Sberbank Insurance, Ugoria, ASTK and Balance Insurance have sought approval to offer P&I coverage for tankers calling at Indian ports, according to Reuters and Bloomberg.
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- April 25 2025
Myanmar, China earthquakes push Q1 global insured losses to second-highest on record: Aon
Losses resulted primarily from the California wildfires, with the total significantly higher than the 21st-century Q1 average of US$17bn.
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- April 25 2025
With boots on the ground in Australia, CFC eyes strong growth, upselling opportunities
Following the acquisition and rebranding of Solution Underwriting, the MGA's Australia managing director Anita Lane looks to the future and reflects on the softening commercial insurance market.
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- April 24 2025
Pacific rates suffer largest global fall at 8% in Q1, Marsh says
Finpro pricing fell by 10%, while property and cyber declined by 9% and 8%, respectively.
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- April 24 2025
Thai insurers’ US$600-900m Myanmar earthquake losses to be absorbed by reinsurers: S&P Global
7.7-magnitude earthquake struck Myanmar and reverberated to Bangkok in March.
