Country: Asia Pacific Page 42 / 583
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- August 29 2025
Steadfast grows revenue by 8.9% to US$1.2bn in FY25
Broker network also announces long-serving chair Frank O’Halloran will step down following its annual general meeting in October.
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- August 29 2025
China Pacific’s P&C underwriting profit up 31% to US$500m in H1 FY25
Underwriting COR was down 0.8 percentage points to 96.3% due to improvements in underwriting expense ratio.
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- August 29 2025
Parametric insurance must simplify to boost public sector adoption: Seadrif’s Benedikt Signer
Executive director of the Southeast Asia Disaster Risk Insurance Facility outlines its mission to enhance insurance adoption in public sectors by simplifying product design and addressing market gaps.
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- August 28 2025
Taiping Re’s profit surges 75% despite flat premiums
China Taiping reported a 12.2% rise H1 FY25 profit led by a sharp rise in reinsurance profitability and improved underwriting margins.
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- August 28 2025
SRG hires fac specialist John Jackson as APAC head of reinsurance
Jackson joins from Marnix Insurance Brokers, where he was a director for over 11 years.
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- August 28 2025
Envest extends ‘deepest gratitude’ to 4 departing senior leaders
Ardonagh-owned broker confirmed 'long-serving and highly respected leaders' Tony Walker, Barry Fitzpatrick, Rob Ellis and Adrian Kitchin are retiring and leaving the company.
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- August 28 2025
QBE CFO Inder Singh resigns, to depart for banking role in 2026
Singh will remain with QBE while the company undertakes a search for a new chief financial officer.
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- August 28 2025
Perils expands real-time insurance industry loss forecasts to Japanese typhoons
Wind-Jeannie platform 'provides a welcome new perspective,' Perils' Japan representative Takashi Goda says.
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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.
