Country: Asia Pacific Page 24 / 556
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- July 23 2025
Deadly Ha Long Bay boat capsize insurance payouts to top US$500,000: reports
At least 37 people died after the Wonder Seas capsized during bad weather in Vietnam on Saturday.
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- July 23 2025
UIB India hires Sunil Sharma from Policybazaar as assistant vice president
Sharma’s appointment is to strengthen UIB’s India operations, with a focus on Delhi region.
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- July 23 2025
Lockton India continues transactional lines build out, appoints Pankti Doshi as VP
Mumbai-based Doshi was previously an assistant vice president at asset management group Blackstone.
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- July 23 2025
Zurich takes Swiss Re’s Michael Szwajda as Singapore broker relationship lead
He will focus on deepening broker and customer relationships and driving growth for the insurer's commercial insurance portfolio, including Zurich Resilience Solutions opportunities.
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- July 23 2025
Inflation, nat cats weigh on APAC construction, sparking underinsurance as regional infrastructure opportunities build
Insurers are enhancing risk modelling capabilities to keep pace with the rising frequency, while innovating on products to serve the evolving market.
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- July 22 2025
Aon India hires Vikas Pareek as head of transaction solutions
Mumbai-based Pareek has expertise in transaction structuring, cross-border deals and regulatory strategy.
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- July 22 2025
Lloyd’s carriers launch Asia cyber pool
New consortium backed by Antares, Munich Re Specialty, Newline and Tokio Marine Kiln offers up to US$20m XoL capacity.
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- July 22 2025
Delta Australia ropes in BHSI’s David Augustyniak to lead cyber, PI underwriting
Brisbane-based Augustyniak has two decades of experience across underwriting, broking, and portfolio leadership.
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- July 22 2025
South Korea flood motor claims rise to US$22m: report
At least 17 people died in floods and landslides caused by the torrential rain, which started last week and intensified over the weekend.
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- July 22 2025
Search for new IRDAI head hits roadblock: report
Top candidates for the role of chairman of the Insurance Regulatory and Development Authority of India (IRDAI) are reported to be unwilling to relocate to Hyderabad.
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- July 22 2025
Indian startup Kiwi General Insurance appoints Saurav Jaiswal as CEO
General insurer was founded by private equity firm WestBridge Capital and former Tata AIG CEO Neelesh Garg.
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- July 22 2025
Australia’s cyclone pool lowering rates in high-risk areas, yet insurance availability unchanged: ACCC
Competition regulator's insurance monitoring report says the pool is having an impact on the premiums of policyholders who live in areas with higher cyclone risk.
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- July 22 2025
‘In a more global fashion’: MSIG Specialty Marine targets Asia P&I growth, Singapore underwriting launch
CEO Tom Oostra tells InsuranceAsia News' Between The Lines podcast that the region is getting stronger and stronger and is becoming a more important part of the global market despite a range of challenges facing the marine industry.
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- July 21 2025
PVI Insurance’s H1 FY25 pre-tax profit tops US$25.8m, representing 41% increase
Original insurance premium revenue for the first half of the year exceeded US$305.8m.
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- July 21 2025
Vietnamese (re)insurers brace for Typhoon Wipha, Hong Kong facing US$255m bill
Heavy rainfall and strong winds are expected across northern Vietnam, posing risks of flooding and damage, particularly in coastal areas.
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- July 21 2025
Wenqiao Li returns to Allianz, joins commercial arm as head of distribution management
Hong Kong-based Li joins from Descartes Underwriting.
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- July 21 2025
Victor Insurance Australia appoints QBE veteran Dave Burnage as head of programs
Burnage will be responsible for driving underwriting portfolio, expanding program partnerships, and overseeing underwriting strategy at the Marsh-backed MGA.
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- July 21 2025
Zurich’s David Wang joins Starr Insurance as APAC head of financial lines
Wang spent almost 15 years in a variety of financial lines underwriting roles with Zurich.
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- July 21 2025
Australian cyclone season highlights changing landscape, challenges ahead
Ex-Tropical Cyclone Alfred, which caused US$843m in insured losses, was the most high-profile event of the 2024-25 cyclone season that recorded 12 windstorms.
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- July 21 2025
DB Insurance’s operating performance and capital remain strong despite unfavourable economy: AM Best
Rating agency has affirmed the financial strength rating of A+ (superior) and the long-term issuer credit rating of “aa-” (superior) of the South Korean insurer.
