Country: Asia Pacific Page 22 / 556
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- July 30 2025
Insurance market dynamics present ‘unique, temporary’ window of opportunity for insurance buyers: Aon
Increased capacity, improving terms and competitive pricing continues across wide swaths of the market, broker’s Global Insurance Market Insights report says.
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- July 30 2025
Resolution Life enters flow reinsurance deal with Japan’s Taiju Life
Bermudian reinsurer has been growing its footprint in Asia Pacific's asset intensive reinsurance market
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- July 30 2025
Bigger, more frequent hail threat grows for Australian cities as climate warms
University of New South Wales research shows likes of Sydney, Canberra, Melbourne and Perth are at an increased risk.
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- July 30 2025
Vietnam insurers poised for further growth despite climate, reinsurance pressures: AM Best
Ratings agency, while maintaining a stable outlook for the sector, said trade uncertainty and slower economies in key export markets could dampen commercial insurance demand.
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- July 30 2025
Rising losses in benign cat year point to ‘background noise’ of climate change: Munich Re’s Tobias Grimm
APAC events highlight unpredictability of catastrophes, resulting in unprecedented amounts of rainfall, storms, wildfires and earthquakes in areas that have never experienced them, says the reinsurer's top climate expert.
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- July 29 2025
Chubb pays US$321m for Liberty Mutual’s Thailand arm
The acquisition of LMG Insurance was completed on April 1, with recognised goodwill of US$183m and intangible assets of US$57m, the insurer said in a stock exchange filing.
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- July 29 2025
Japan P&I to sustain strong capitalisation, operating performance: S&P Global
Global rating agency on Tuesday upgraded its insurer rating to BBB+ from BBB with a stable outlook.
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- July 29 2025
Japan, Korea wildfires mark turning point in regional climate risk understanding: Willis
Insured losses from nat cats 'will very likely' exceed US$100bn again this year, the broker said in a half-year report.
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- July 29 2025
APAC H1 insured losses hit US$4.4bn, global claims top US$80bn: Munich Re
Earthquake that rocked Myanmar and Thailand, ex-Tropical Cyclone Alfred in Australia, as well January quake events in China and Taiwan. were the major loss drivers in Asia Pacific.
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- July 29 2025
30 dead in Beijing after days of torrential rain, 80,000 residents relocated
Hong Kong on Tuesday had also issued its first black rainstorm warning of the year as heavy downpours hit the city.
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- July 29 2025
Catherine Soyka joins Everest’s Singapore reinsurance team
Soyka joins from Chaucer Group as an assistant vice president for reinsurance underwriting for Oceania.
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- July 29 2025
Critical mass achieved, MS Amlin focused on APAC consolidation after robust growth: CEO William Ho
He also tells InsuranceAsia News about the regional strategy for the Lloyd's carrier in light of changing market conditions, ANZ expansion and the future of its ILS platform, Phoenix Re.
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- July 28 2025
Fitch assigns Generali China A- financial strength rating on strong capital position, strategic group role
Wholly owned Chinese P&C arm of Italian insurance group posted GWP of US$238m and 105% COR last year.
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- July 28 2025
Marsh to acquire Mitsubishi Electric’s in-house insurance agency in Japan
Shares of Mitsubishi Electric Insurance Service will be transferred to the global broker in November.
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- July 28 2025
FreightInsure expands embedded insurance to New Zealand
Service, backed by global insurer HDI Global Specialty SE, enables shippers to attach micro-policies of up to US$59,000 per consignment during the booking process.
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- July 28 2025
Jarrod Tilbrook joins Marsh ANZ as managing principal
Marsh Australia and New Zealand has tapped the former Aon, WTW and Coverforce executive as its new managing principal.
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- July 28 2025
Construction Guarantee’s underwriting losses to continue for the short to medium term: AM Best
Korean insurer has reported two consecutive years of underwriting losses in 2023 and 2024, as well as another loss in H1 2025.
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- July 28 2025
Delta Insurance promotes Natasha Plesnik to casualty manager
New Zealand-based Plesnik previously worked as a senior underwriter for the specialist underwriting agency.
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- July 28 2025
Aviation : Growing pains in Asia’s maintenance industry will have implications for insurers
Lack of talent, training, infrastructure, and oversight emerge with Asia Pacific is on track to become the world’s largest aircraft maintenance, repair and overhaul (MRO) market by 2030.
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- July 28 2025
Opportunity knocks for Australia as regulator keeps (re)insurance market waiting over proposed major reforms
Relaxation of requirements by the Australian Prudential Regulatory Authority are set to provide a considerable boost to the alternative risk transfer sector.
