Country: Asia Pacific Page 32 / 641
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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 managing executive officer and co-head of international.
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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.
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- May 21 2026
Howden creates new practice for Korean clients in US
UK broker names New York-based Brian Cho as head of the newly formed unit.
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- May 21 2026
Consistency, not cycles, drives Asia Pacific strategy, Allianz Re’s Anna Kohls says
Regional CEO talks to InsuranceAsia News about the ongoing rate softening, the new India joint venture, and the conflict in the Middle East.
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- May 21 2026
Tokio Marine’s Greensill reserving fuels US$300m profit drop
Insurer entered a court-sponsored mediation in March, and is currently negotiating the settlement of Greensill Bank AG litigation.
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- May 20 2026
Tokio Marine adjusted profit rises 17% to US$4.4bn on underwriting strength, lower nat cat losses
Lower capital gains from sale of equities, negative forex impact and Greensill reserving action weigh on earnings.
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- May 20 2026
Reduced nat cat losses, higher premiums propel MS&AD’s FY25 net income to US$5bn
Group's non-life business reported net premiums written of US$31.4bn for the fiscal year ended March 31, growing 7.1% year on year.
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- May 20 2026
Munich Re warns of ‘turbulent typhoon’ season in North Asia as ‘Super El Nino’ risk looms
El Nino is likely push 2026 typhoon activity above 30‑year average in the region with approximately 27 named storms, 18 typhoons and 11 severe typhoons possible this year.
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- May 20 2026
Sompo posts record US$4bn profit, up 163% on lower nat cat losses, strong underwriting gains
Group’s insurance service result rose 93.5% to US$3.7bn, while consolidated net profit increased 71% to US$3.1bn
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- May 20 2026
Zurich elevates Kin Lee to APAC head of energy
Singapore-based Lee will lead the development and execution of the underwriting strategy for Zurich’s energy portfolio across the region.