Country: Asia Pacific Page 2 / 569
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- December 9 2025
Not resting on their laurels, people-powered Miller eyes seat at South Korea’s top table
Having begun operations at the start of the year, the specialist (re)insurance broker plans expansion through organic and inorganic growth as it seeks to be among the top three brokers within the next five years, country head David Kim says.
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- December 8 2025
Meritz Fire & Marine faces US$680,000 exposure to Coupang data breach
US-listed Korean retailer is facing class action suits in the US and South Korea following a data leak that compromised information of 34 million customers.
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- December 8 2025
‘China Taiping good enough on its own’ after Wang Fuk Court fire, HKIA CEO Clement Cheung says
About 10,000 active life insurance policies from 35 insurers and 1,800 property policies from 35 insurers have been identified as having been issued to residents, he adds.
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- December 8 2025
Howden drives Dhipaya, Ping An tie-up for EV warranty products in Thailand
Thailand's Dhipaya Insurance will underwrite extended warranty insurance products for Chinese EVs backed by reinsurance capacity from Chinese insurer Ping An and placed by Howden Re.
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- December 8 2025
Angie Siu to lead Latitude Brokers’ Hong Kong teams after WTW switch
Hong Kong-based Siu joins from WTW, where she spent over 8 years, most recently as director, marine.
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- December 8 2025
‘Foreboding’ start to Australia’s bushfire season with 20 homes destroyed in NSW
A firefighter died on Sunday evening after being struck by a tree while working on a bushfire at Bulahdelah on the state’s mid-north coast.
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- December 8 2025
Mitsui Sumitomo to get WR Berkley board seat after 12.5% stake acquisition
Following the US$3bn share buy, Japanese carrier is likely to nominate a board member by March, as per an earlier agreement.
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- December 8 2025
Aon taps Manulife’s Ben Jones as APAC COO
Singapore-based Jones had confirmed his departure from Manulife in a LinkedIn update last month.
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- December 8 2025
Peter Schraa joins HDI Global Singapore as head of marine
Senior hire underscores HDI Global's commitment to grow its marine underwriting business in Southeast Asia.
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- December 5 2025
Guy Carpenter wins Singaporean lawsuit against ex-employees, LK Re for using unlawful means to lure client
Reinsurance broker argued defendants worked together to establish a facility to place Samsung Fire and Marine Insurance's domestic warehouse risks, costing Guy Carpenter US$1.3m in revenue.
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- December 5 2025
Storms batter Southeast, South Asia, inflicting over US$20bn in economic losses: Aon
Thailand estimates Cyclone Senyar to be among its costliest, while Indonesia is reporting billions of dollars in damages and Cyclone Ditwah in Sri Lanka is projected to be the country's deadliest since 1978.
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- December 5 2025
Wang Fuk Court unlikely to alter China Taiping’s rating fundamentals: AM Best
Rating affirmed the carrier’s ratings as it is well-positioned to manage the claims, supported by its parent company and prudent reinsurance arrangements.
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- December 5 2025
Axa XL India snaps up Vishal Singh Rana as construction underwriter
Former civil and tunnel engineer previously worked for Prudent Insurance Brokers and Munich Re.
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- December 5 2025
Specialist Australian insurer Eclipse names Andrew Hookings as senior casualty underwriter
Sydney-based Hookings brings over 25 years of experience across the insurance industry, with a background spanning claims, property, and distribution.
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- December 5 2025
Queensland, New South Wales hail claims top Halloween Hailstorms
Suncorp has responded to more than 6,500 vehicle claims following the severe weather event.
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- December 5 2025
Steadfast shares rise following report of Blackstone interest
Private equity giant is reportedly weighing a US$4.6bn bid for the ASX-listed broker.
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- December 5 2025
IAG hires Phillip Gibson as CEO of New Zealand
Former Aviva Canada executive will join IAG New Zealand in March, replacing Amanda Whiting.
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- December 5 2025
After Hong Kong and Singapore’s flying start, Malaysian Re mulls ILS market entry amid ‘early stage’ discussions
Largest reinsurer in Malaysia expects to increase its GWP to around US$580m in FY25, president and CEO Ahmad Noor Azhari Abdul Manaf tells InsuranceAsia News.
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- December 5 2025
Solera ‘ready to invest’ in Hong Kong market
US provider of claims management software wants to expand its footprint in APAC having already established themselves in Japan, South Korea, Vietnam, Australia, Singapore, Thailand, and mainland China, according to international managing director, Arnaud Agostini.
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- December 4 2025
Hong Kong fire losses manageable for sole insurer China Taiping: Fitch
Strong state-linked support, diversified operations and solid capital alongside extensive reinsurance underpin the view that net losses from the deadly fire at Wang Fuk Court will remain within rating sensitivities.
