Country: Asia Pacific Page 4 / 538
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- August 1 2025
Opinion: After Russia earthquake scare, is Japan’s resurgent nuclear industry really prepared for the ‘Big One’?
8.8-magnitude earthquake which struck off Russia's far eastern coast on Wednesday triggered tsunami warnings across Japan and the wider Pacific region.
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- July 31 2025
Perils expands SCS coverage to Japan, New Zealand
New service will capture SCS industry losses above JPY100bn and NZD300m as of August 1.
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- July 31 2025
IG P&I tightens restrictions on Russian oil shipments as EU, UK reduce price cap
Sanctions include ban on 105 'shadow fleet' vessels and asset freezes on new entities, including Indian refinery Nayara Energy.
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- July 31 2025
Tysers appoints Desmond Cheok as associate director for P&C in Singapore
Cheok previously worked at Sompo International as APAC casualty underwriting leader.
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- July 31 2025
Aon names Rupert Moore APAC reinsurance CEO
Moore, who was UK reinsurance CEO for three years, will relocate to Singapore and will also take over as regional chairman of the broker's strategy and technology group.
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- July 31 2025
BMS boosts Australian financial lines, cyber teams with dual promotions
Brisbane-based Callum McMillan and Pranav Jani have been handed national financial and cyber roles by the specialty broker.
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- July 31 2025
Chubb promotes Brian Hogan to A&H head for ANZ
He brings 20 years of insurance experience, including over 14 years with Chubb across Europe, the Middle East, and Asia Pacific.
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- July 31 2025
Descartes elevates Ben Qin as APAC head
Parametric specialist MGA also promotes WeeBeng Seow as acting head of Southeast Asia.
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- July 31 2025
‘It’s a trust game’: with cyber claims spikes front and centre, alternative solutions offer cover for growing threat
Comments follow placement of innovative ‘surge’ reinsurance with Arch Capital Group.
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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.