Country: Asia Pacific Page 4 / 569
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- December 1 2025
AUB bid falls through as EQT-CVC consortium walks away
Private equity firms will not proceed with their AU$45 a share offer.
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- December 1 2025
Opinion: Mutually beneficial to address Hong Kong’s marine war insurance needs
Hong Kong Marine War Risks Insurance Pool will focus on providing marine war risk insurance, covering vessel loss or damage caused by acts of war, piracy, terrorist attacks, and related geopolitical incidents.
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- November 28 2025
Thailand, Malaysia, Indonesia reel from flood damage, losses in the ‘hundreds of millions’: Aon
Cyclone Senyar, a rare tropical cyclone in the Malacca Strait, and heavy rainfall triggered flooding that affected millions, with total economic damage in Thailand estimated at US$360–740m.
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- November 28 2025
Wang Fuk Court: China Taiping confirms it provided coverage for all major insurance policies as death toll passes 120
Hong Kong insurer says it underwrote the construction works insurance, construction employee compensation insurance, owners' corporation third-party liability insurance, property insurance, and public liability insurance for the public housing estate, as first reported by IAN.
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- November 28 2025
ICA extends insurance cat declaration to across Queensland, New South Wales
Insurers have received more than 44,600 claims for Cat 255, or the 'Qld and NSW Severe Storms and Hail'.
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- November 28 2025
Sompo Indonesia appoints Doly Ritonga as executive officer
He has over two decades of experience working in insurance, and joins from local assurance firm Avrist.
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- November 28 2025
Korean Re approved to open branch in India’s Gift City
South Korean reinsurer plans to officially commence operations in April.
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- November 28 2025
Laid-off Steadfast COO Noelene Palmer was source of complaint against CEO Robert Kelly: AFR
Complaint from Palmer, who was made redundant earlier this week, involved at least one allegedly inappropriate comment, according to The Australian Financial Review.
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- November 28 2025
Swiss Re-backed Fathom touts ‘modern view of risk’ to compete in underserved APAC
UK-headquartered flood risk intelligence firm wants to grow its presence in Singapore, Hong Kong, and China, head of insurance Harry Vardigans tells InsuranceAsia News.
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- November 28 2025
Exclusive: Hong Kong housing estate fire property claim could top US$200m, with China Taiping the sole insurer
Hong Kong firm provides the master property insurance for the Wang Fuk Court housing estate, as well as contractors’ all-risk policy, including third-party liability, and employee compensation cover.
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- November 27 2025
Kiwi insurer Tower posts ‘exceptional’ FY25 results
Tower benefits from low natural catastrophe losses to post a record underlying net profit after tax (NPAT) of NZ$107.2 million (US$61.35 million).
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- November 27 2025
Suncorp on the hook for US$230m from Queensland hail
Insurer has received just over 10,000 claims, with approximately 5,000 in home and 5,000 in motor.
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- November 27 2025
Lloyd’s Chris Mackinnon to lead Munich Re Specialty’s push into Australia
Lloyd's regional director for Asia Pacific, the Middle East and Africa will join the German reinsurer in the first half of 2026.
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- November 27 2025
Sedgwick promotes Aruna Chandrapalan to Singapore CEO
Nigel Cook retains his leadership role as head of major and complex loss, having held a dual role for the last two years.
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- November 27 2025
Tighter solvency regimes, market disruptions driving Asian demand for structured solutions: Swiss Re’s Kaspar Mueller
Capital motivation, volatility protection and leveraging capital for growth are key motivations for cedent's seeking structured programs, the reinsuer's CUO for structured solutions says.
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- November 26 2025
Japan P&I announces 5% premium hike for 2026 renewal amid geopolitical tensions, inflationary pressure
Increase applies for owners’ and charterers’ entries, while rates for Japanese coastal vessels will increase by 10% and FD&D will also see a rise of 5%.
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- November 26 2025
Steadfast COO Noelene Palmer departs as Australian broker makes role redundant
Move is part of the broker's expense management initiatives announced in October, company tells IAN.
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- November 26 2025
Roojai seeks ‘strategic M&A opportunities’ after US$60m fundraise
Thai digital insurer closed series C funding round led by private equity firms Apis Partners and Asia Partners.
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- November 26 2025
Claims top 27,000 after giant hail battered Queensland, New South Wales
Insurance Council of Australia declared an insurance catastrophe after thousands of homes were left without power and residents suffered damage to property.
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- November 26 2025
ARPC declares end of Tropical Cyclone Fina as clean up begins across Northern Territory, Western Australia
Tropical Cyclone Fina crossed the western Australian coast on Monday night as a category 3 system, before being downgraded to a tropical low on Tuesday afternoon.
