Country: Asia Pacific Page 2 / 628
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- July 27 2026
Australian competition regulator approves Allianz Partners’ nib travel portfolio acquisition
Australian Competition and Consumer Commission clears the deal following consultation in early July, with completion expected by the end of 2026.
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- July 27 2026
Bain Capital in talks to acquire minority stake in India’s IndusInd General Insurance: report
General insurer, which was formerly known as Reliance General Insurance, could be valued at US$1.67bn, according to a local media report.
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- July 27 2026
AIG’s Ying Ying Lee returns to Berjaya Sompo as head of marine, aviation
Kuala Lumpur-based Lee rejoins the insurer following 15 years at AIG, where she was head of department for specialty since April 2011 and APAC lead for marine liability since July 2020.
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- July 27 2026
BNP Paribas Cardif to acquire Warburg Pincus’ 26% stake of IndiaFirst Life
Upon completion of the deal, Bank of Baroda will hold 65%, BNP Paribas Cardif 26%, and Union Bank of India 9%.
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- July 27 2026
Vietnam’s non-life insurers set for resilient performance next 12 months: AM Best
Rating agency is maintaining a stable outlook on Vietnam’s non-life insurance segment, reflecting robust demand, technology adoption, and healthy macroeconomic factors.
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- July 27 2026
Typhoon Noul skirts Hong Kong, triggers nearly US$5m in insurance claims in China
Strongest windstorm to make landfall in mainland China this year prompted the evacuation of more than 700,000 people in Guangdong, as well as minor damage and air traffic disruptions in Hong Kong.
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- July 24 2026
Hong Kong general insurance Q1 gross premiums up 12.5% to US$4.5bn: HKIA
Growth was driven mainly by onshore direct A&H business and offshore reinsurance property damage business, Hong Kong's Insurance Authority says.
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- July 24 2026
Shinhan Financial eyes non-life acquisition, confirms Lotte Non-Life interest
CFO Jang Jeong-hun says the Korean financial services group is reviewing various assets in addition to Lotte Non-Life Insurance.
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- July 24 2026
Berkley Insurance Asia names Shivi Bhutani as liability lines underwriter in Gift City
Before joining Berkley, she worked as a liability underwriter at ICICI Lombard.
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- July 24 2026
HDI Global hires Byron Ernst as power and energy underwriter in Sydney
He was most recently an energy underwriter at QBE, having also worked for Chubb, Chase Underwriting and Strata Community Insurance.
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- July 24 2026
Opinion: Gargantuan data centres present one of the greatest opportunities for premium income in a generation
Fire-prone, water-guzzling, and tornado-vulnerable, these city-sized new builds - with their vast power demands - highlight a step-change in risk.
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- July 23 2026
John McLean rejoins QBE as senior claims officer
Sydney-based McLean previously spent nearly 12 years with QBE in claims officer roles between 2007 and 2019.
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- July 23 2026
Australia motor body calls out IAG’s ‘fig leaf’ remedy, urges ACCC to block RAC acquisition
IAG made a remedy offer in July to secure approval for its US$970m acquisition of the Royal Automobile Club of Western Australia’s insurance business.
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- July 23 2026
Indonesia’s Asei downgraded to BB+ by Fitch on capital strain, loss pressures
Weak capitalisation, reserve adjustments and credit insurance risks weigh as insurer works on recovery plan.
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- July 23 2026
Asia insurance rates decline 5% in Q2, led by cyber: Marsh
Property insurance rates fell by 5%, while casualty insurance rates declined by 3% and cyber insurance rates decreased by 8%.
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- July 23 2026
Pacific insurance rates drop 13% in Q2, led by property: Marsh
Region saw the steepest decline in rates globally for a second quarter running, according to Marsh’s Global Insurance Market Index.
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- July 23 2026
Australian gig economy specialist Protect Underwriting launches with Lloyd’s capacity
Sydney-headquartered MGA is backed by Lloyd's syndicate Apollo ibott 1971, with Pantheon Specialty as its London broking partner.
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- July 23 2026
AM Best maintains stable outlook for South Korea’s non-life insurance market
It is supported by sufficient capital resilience, recent regulatory actions, solid investment performance, and a strategic pivot among insurers toward profitability-focused measures.
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- July 23 2026
Blackstone teams up with ex-HDFC Ergo CEO Anuj Tyagi for India general insurance venture
Blackstone will own 90% of Nxsure General Insurance, while Tyagi will hold a 10% stake, according to local media.
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- July 23 2026
Coupang warehouse fire could trigger up to US$590m in insured losses: reports
Multi-day blaze at Korean e-commerce giant’s logistics hub this week puts DB Insurance and Meritz-led programs on the hook for potential large-scale claims
