Country: Asia Pacific Page 3 / 655
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- October 29 2026
APAC nat cat insured losses reach US$3bn on typhoon, floods damage: Aon
Seasonal flooding in China, Typhoon Sinlaku in the Northern Mariana Islands and the Victoria bushfires in Australia were the costliest events.
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- October 29 2026
Southeast Asia fires, haze show no sign of major insured losses, but full impact hard to gauge: McLarens
Loss adjuster says reported claims point to isolated equipment and property damage, with the wider economic toll difficult to quantify and often uninsured.
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- October 29 2026
Elseco expands into Asia with Singapore A&H Lloyd’s coverholder launch
Dubai-based MGA also secures capacity from Ping An Property & Casualty Insurance for its general aviation business.
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- October 29 2026
Suncorp trims FY27 GWP growth forecast to 3%
Revision by the Australian insurer is a result of the loss of a large commercial contract and ongoing weakness of New Zealand's currency.
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- October 29 2026
Fitch raises Tugu Re’s outlook to positive
Rating agency cites the Indonesian reinsurers improving profitability and healthy capital strength.
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- October 29 2026
Emerge Group acquires Merlion Insurance Brokers
Labuan reinsurance broker has subsequently been renamed Emerge Reinsurance Brokers, or Emerge Re.
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- October 29 2026
Scor Business Solutions sets sights on profitable APAC build-out with specialty push
Commercial insurance arm aims to expand on its property, power, energy and construction strengths, while bringing global specialty capabilities, including marine, cyber and alternative risk solutions, to Asia, regional commercial head Amy Fu says.
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- October 28 2026
Starr names Zoe Xie as APAC head of distribution, strategic initiatives
Singapore-based Xie joins from Axa XL, where she was most recently the head of property for Singapore.
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- October 28 2026
Samsung Fire & Marine set for Japan return amid plans for joint Tokyo office for financial units: report
South Korean conglomerate's life insurance, P&C, securities and asset management companies will share the office to deepen Japan market research, build local networks and scout investment and acquisition opportunities.
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- October 28 2026
Peak Re handed first-time A- rating by S&P, insulated from Fosun
Ratings agency said it reflects the Hong Kong reinsurer's strong market standing and robust capital position, while noting that its credit profile is delinked from its parent.
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- October 28 2026
IAG reaches settlement with White Oak over Greensill claims
Financial terms were not disclosed, but the insurer says it is the last remaining proceeding in the Federal Court of Australia.
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- October 28 2026
APAC powers marine insurance growth amid soft market as China consolidates dominance: IUMI
APAC accounted for 30.8% of the US$42.6 billion global marine insurance market in 2025, according to International Union of Marine Insurance (IUMI) data.
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- October 28 2026
Baltimore Bridge claim, geopolitics set to push P&I reinsurance costs higher as Lockton forecasts 5% average increase for 2027
With large increases expected at the upcoming group reinsurance renewals, International Group of P&I Clubs will have to strike a balance between general increases and capital returns, Lockton says.
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- October 28 2026
FM to offer 10% premium offset on 2027 renewals following record-low losses
The US$855m resilience credit program supports clients' action on recommendations involving climate hazards and operational exposures.
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- October 28 2026
Lockton expands in New Zealand with Wellington office, Marsh and WTW hires
Broker appoints Felix Ukaegbu as general manager of the new office and James Earwaker as client director for financial lines.
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- October 28 2026
Envest Agencies rebrands, hires Belinda Steedman as CEO
Business will become Orvia Australia and New Zealand as parent firm Ardonagh rebrands its global MGA businesses to Orvia Underwriting.
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- October 28 2026
Sompo APAC’s consumer business targets sustainable expansion as regulators push market discipline
Division is strengthening its position in markets such as Thailand and China, expanding beyond motor into health, personal accident, and travel, while also scaling regional distribution partnerships, Bill Zhang, president of consumer lines for APAC, tells InsuranceAsia News.
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- October 27 2026
S&P revises Allianz Japan outlook to positive following group ratings revision
Ratings agency affirms its AA long-term issuer credit and financial strength ratings for AGCS Japan.
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- October 27 2026
Chaucer names Jay Bae as APAC lead underwriter for agriculture
Singapore-based Bae joins from Swiss Re, where he was most recently the head of agriculture for Southeast Asia, Australia, New Zealand, Japan and South Korea.
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- October 27 2026
Halliwell acquires New Zealand’s Maynard Marks to expand Asia Pacific presence
Acquisition of one of New Zealand's leading property and building consultancies expands Halliwell APAC's existing suite of specialist services, supporting insurers, reinsurers, brokers, legal firms, property owners, and public sector organisations.
