Country: Asia Pacific Page 4 / 545
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- August 28 2025
Peak Re reports 25.1% GWP growth to US$1bn H1 FY25
Reinsurer's revenue also grew by 36.8% to US$661 million compared to the first half of 2024, according to a stock exchange filing by parent company Fosun International.
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- August 28 2025
Mike Baker rejoins Aon as Asia managing director
Baker, who previously had two stints at Aon, joins from Howden to be responsible for leading client leadership across a portfolio of large corporate clients in the region.
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- August 28 2025
‘We don’t need to wait’: Taiping Re eyes wider ILS program after debut cat bond
Hong Kong reinsurer considers other ILS products, such as sidecars, which meet its business and retro strategies, ILS specialists Jeffrey Li and Aaron Lin tell InsuranceAsia News.
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- August 27 2025
Sompo to acquire Aspen for US$3.5bn
Japanese insurer will pay a 35.6% premium for NYSE-listed Aspen shares in the all-cash deal.
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- August 27 2025
PICC P&C underwriting profit surges 45% to US$2bn on motor, property gains
China's large non-life carrier posted a combined ratio of 94.8%, a 1.4 percentage point improvement.
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- August 27 2025
Hanoi flooding from Typhoon Kajiki expected to result in limited commercial claims
While the windstorm has caused significant damage, it did not hit the industrial areas, unlike Typhoon Yagi last year.
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- August 27 2025
Steadfast taps Stella Pruscino as head of broker network
Melbourne-based Pruscino has previously held senior roles at Edgewise Insurance Brokers and WTW.
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- August 27 2025
South Korea’s non-life insurers’ H1 FY25 net income tumbles 19%
Drop driven by erosions in insurance income, underscoring pressure from rising claims costs across major lines.
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- August 27 2025
Kiwi MGA Delta Insurance promotes Krisann Pereira to property team lead
She takes over responsibility for Auckland and the rest of New Zealand in the latest move involving the MGA.
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- August 27 2025
Analytics: Lloyd’s Asia surpasses US$1bn GWP milestone in 2024 amid double-digit growth
Offshore fund demonstrates strong performance despite challenges in the Singapore unit and varied underwriting results across business lines.
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- August 26 2025
Ping An P&C H1 topline up 7%, COR down to 95.2%
Chinese carrier’s premium income increased US$23.6bn.
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- August 26 2025
Scor Singapore to transfer entire business to Scor Re APAC
Proposed transfer, expected to take effect on January 1, is intended to create a more agile and efficient organisation.
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- August 26 2025
Australia home loan guarantee plan risks soaring house prices, outstripping LMI gains: ICA
Industry lobby calls for scheme to be targetted at buyers who genuinely need it to avoid the effective nationalisation of the lenders mortgage insurance (LMI) market.
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- August 26 2025
Zurich Malaysia promotes Yuan Feng Hoo to chief pricing actuary
Hoo, who has also been handed head of technical excellence role, has previously held multiple P&C leadership positions with the insurer.
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- August 26 2025
Aon Re hands Lin Mun Lee client manager role in Malaysia
She previously spent almost a decade with Aon reinsurance Malaysia as a treaty broker.
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- August 26 2025
AUB Group’s profit rises 31% after ‘pivotal’ 2025
AUB said it made a net profit of AU$180.1 million (US$116.7 million) in 2025.
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- August 26 2025
QBE taps veteran Stephen Geisler to succeed Ronak Shah as South Asia CEO
Marsh's Ross Bethell has also been appointed as head of partnerships for Asia, with both set to report to QBE Asia CEO Rob Kosova.
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- August 25 2025
Korea’s Lotte Insurance in regulatory crosshairs: reports
Regulator highlights the PE-backed insurer’s failure to manage liquidity risks, declining K-ICS ratio, poor management performance evaluations and investment performance.
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- August 25 2025
Vietnam braces for Typhoon Kajiki, but losses set to be less than Yagi
PVI Insurance chairman Duong Thanh Danh says the typhoon is forecast to hit areas that are less industrialised than those affected by Typhoon Yagi last year.
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- August 25 2025
Sunshine P&C’s H1 COR improves to 98.8%; underwriting profit up 42%
Beijing-headquartered insurer's GWP was US$3.5bn, up 2.5% year-on-year, as non-motor lines posted strong growth.
