Country: Asia Pacific Page 3 / 555
-
- October 14 2025
China’s retaliatory port fees on US-linked vessels adds to maritime disruptions
A US$56 per net ton fee will be charged at Chinese ports from vessels that US flagged, built or are owned or operated by US enterprises, meanwhile, the country has also banned Korean shipbuilder Hanwha Ocean's US subsidiaries in escalating tensions.
-
- October 14 2025
Australian court restrains Marsh from pursuing Greensill claims in UK
The 'anti-anti-suit injunction' in the sprawling litigation follows Marsh's claims that Greensill is contractually bound to resolve its disputes in England.
-
- October 14 2025
Markel to restructure international operations into 5 divisions
The five new units are Asia-Pacific, Canada, Europe, London Market (comprising marine & energy, PFR & cyber, and specialty) and UK.
-
- October 14 2025
Howden acquires Kiwi broker Omni in continuing Pacific expansion
Founded in 2006 by Clinton Alcock and Matthew Thorburn, Omni offers commercial and domestic insurance to 1,800 clients across Auckland and Central North Island.
-
- October 14 2025
AI adoption increases risks for cyber insurers: Axa XL
The rollout of AI technologies, a rapidly evolving data privacy landscape in Asia and increased threat actor activity are driving the cyber market in the region, says regional cyber head Sam Bye.
-
- October 13 2025
Steadfast merges underwriting arms to create new specialty MGA Prevail
The broking group combined Mansions, Dawes Motor Insurance and Argis Insurance to form the new underwriting agency, which will be led by CEO David McMurdo.
-
- October 13 2025
Allianz Trade promotes Yusuke Hata to regional head of Japan desk for North Asia and Singapore
Hata was previously sales manager for the firm since joining the trade credit insurer in 2022.
-
- October 13 2025
Generali Thailand targets half a billion dollars in GWP this year: report
The insurer intends to bank on digital innovation, multi-channel distribution, and the growing demand for health and life insurance to sustain double-digit growth.
-
- October 13 2025
Texel Asia expands broking team with double appointment
Jaime Stork joined as an associate director, while Brandon Woo will join as a broker and will report to Angela Chang, managing director of Texel Asia.
-
- October 13 2025
China Re-backed broker Huatai partners with BMS Group for marine initiative
The mainland intermediary will coordinate domestic underwriting, while BMS’ specialist arms BankServe and CLP will do international ceding of risks.
-
- October 13 2025
Demand for tailor-made solutions to rise: Guy Carpenter’s Tony Gallagher
Reinsurance broker's regional CEO says that 2026 program discussions will focus on structure, managing volatility and growth.
-
- October 10 2025
Vietnam’s 2025 nat cat economic losses top US$1.3bn
Typhoon Matmo over the weekend expected to add hundreds of millions of dollars in losses to the region recovering from the Typhoon Bualoi the week before.
-
- October 10 2025
Aon names Simon Chisholm as Asia reinsurance solutions chairman
Singapore-based Chisholm will report to Asia CEO Soeren Soltysiak and will have focus on deepening relationships with key clients in Japan and Thailand.
-
- October 10 2025
Ramon Zandueta, ex-Marsh Philippines CEO, takes the helm at KRM Re
Zandueta, who took charge of the Filipino broker last month, was most recently president and CEO of Oona Philippines.
-
- October 10 2025
Magnitude 7.4 earthquake jolts Philippines even as Cebu losses mount
The country is still recovering from a 6.9 quake that struck off Cebu island on September 30 that left at least 74 people dead and displaced thousands.
-
- October 10 2025
Marsh Pacific names Steven Cakaric as head of sales in ongoing leadership rejig
With 25 years of experience, Melbourne-based Cakaric was most recently director for national client solutions at Mercer Marsh Benefits.
-
- October 10 2025
Scott Luxford joins Markel to manage Australian distribution
Luxford, who joins from agri MGA Harland Green, will be head of distribution and MGA strategy.
-
- October 10 2025
GIC Re’s strong capitalisation to offset underwriting stress: AM Best
The rating agency has affirmed a financial strength rating of A- (excellent), long-term issuer credit rating of “a-” (excellent) having upgraded the rating last year.
-
- October 10 2025
Mounting hail and flood losses raise alarm for APAC (re)insurers
Shifting risk landscape and growing cat exposures highlight the need for alternative sources of capital in Asia, says Perils' Darryl Pidcock.
-
- October 10 2025
Non-life portfolio rejig, life and specialty lines expansion to strengthen Nat Re underwriting results: AM Best
AM Best has affirmed Nat Re’s rating of B++ (good) with a stable outlook driven by its strong balance sheet, adequate operating performance and neutral business profile.
