Country: Asia Pacific Page 2 / 612
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- May 26 2026
GIC Re’s FY26 underwriting loss narrows to US$224m, COR improves to 104.66%
Carrier’s net profit for the financial year rose by 30% to top US$1bn, with GWP up at US$4.6bn.
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- May 26 2026
Levies on general insurers risk exacerbating insurance affordability pressures: ICA
Insurance Council of Australia (ICA) argues the general insurance industry should not subsidise misconduct claims by other subsectors of financial services under the Compensation Scheme of Last Resort (CSLR).
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- May 26 2026
Zurich’s US$11bn Beazley deal draws Australian antitrust scrutiny over ‘competitive overlap’
New mandatory merger control regime has prompted the the Australian Competition and Consumer Commission (ACCC) to examine whether the deal will affect the supply of specialty insurance products.
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- May 25 2026
China floods trigger US$110m in losses as claims top 33,000
Insurers have paid out US$31m in claims following heavy rains across southern and central China, according to the National Financial Regulatory Administration.
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- May 25 2026
Tower elevates Michael Skeens to chief operating officer
Former customer contact centre head will be responsible for leading the Kiwi insurer's operational hubs, teams, systems and processes.
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- May 25 2026
Beyond the canvas: APAC fine art and specie insurance boom fuelled by rising risks, shifting wealth patterns
Industry insiders tell InsuranceAsia News that wealth accumulation, art-finance links, and softer pricing drive insurer interest, while geopolitical and transit risks reshape underwriting.
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- May 24 2026
South Korea’s DB Insurance set to complete Fortegra acquisition
Insurer will acquire 100% of the outstanding shares of the US specialty carrier for US$1.65bn in an all-cash deal.
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- May 22 2026
Gallagher Re confirms Carlos Grijalva as APAC head of cyber
Hong Kong‑based Grijalva’s move to join the reinsurance broker was first reported by InsuranceAsia News last month.
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- May 22 2026
South Korea to offer US$200m war-risk cover for small shippers in Strait of Hormuz
Financial Services Commission will also explore the creation of a reinsurance program to extend coverage to larger vessels with significant economic impact.
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- May 22 2026
Anthony Hong joins Howden as head of surety for Asia
He joins after six years at Aon in Singapore and South Korea.
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- May 22 2026
‘We get Asia, we’re committed, we’re long term’: Miller charts selective growth in Japan, South Korea, and beyond
Specialist (re)insurance broker's regional expansion has gathered steam over the last two years under the ownership of Singaporean sovereign wealth fund GIC, with Malaysia being considered for future expansion, head of Asia Ron Whyte tells InsuranceAsia News.
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- May 21 2026
Munich Re taps Gavin Maistry to lead APAC MEA L&H as Daniel Cossette retires
Singapore-based Maistry was most recently the reinsurer’s global chief actuary for life and health.
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- May 21 2026
Howden Australia hires Marsh veteran Rebekah Scott as financial lines partner
Sydney-based Scott has been working at Marsh since 1998, including at JLT from 2003 to 2019 prior to its acquisition by Marsh.
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- May 21 2026
Willis, Global Parametrics deliver parametric payouts to Vietnam coffee farmers after Typhoon Kalmaegi
Rainfall exceeded 1.7m in some parts, with Gia Lai province one of the areas badly affected.
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- May 21 2026
Tokio Marine outlines capacity for over US$10bn in M&A following Berkshire deal
Beyond US deals, insurer sees Canada, Australia and Southeast Asia as priority markets for growth, according to Tokio Marine Kiln CEO Brad Irick.
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- May 21 2026
Tower’s NPAT falls 40.3% in H1 FY26 amid price softening, weather claims
Gross written premium was up 1% from H1 FY25 due to lower average premiums and growth of low risk properties.
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- May 21 2026
GT Insurance taps Paul McLean as chief commercial officer
Sydney-based McLean joins from PSC Insurance Brokers, where he had been a regional executive since April 2025.
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- May 21 2026
Victor Pacific names Carly Martin as head of underwriting operations
Melbourne-based Martin joins the underwriting agency and authorised representative of Marsh following two decades in underwriting roles with QBE.
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- May 21 2026
Aon appoints Chris Camerieri as enterprise client group growth leader for APAC
Singapore-based Camerieri has been at Aon for over 17 years, including the past eight years leading the Aon Centre for Innovation and Analytics globally.
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- May 21 2026
Howden India taps Suresh Ram Matcha for senior property, marine role
Matcha has over two decades of experience in the Indian insurance industry.
