Country: Asia Pacific Page 44 / 583
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- August 21 2025
APRA targets promoting cost-effective reinsurance to general insurers
Australian regulator's 2025-26 corporate plan says it will release details on its proposals in the first half of FY26, and in the latter half, it will report the results of its climate vulnerability assessment for the general insurance sector.
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- August 21 2025
US tariffs haven’t really landed on P&I, West’s David Griffiths says, as China’s influence grows
Singapore-based senior manager of underwriting also discusses China's influence on the maritime industry, environmental regulations impacting Asian shipping, and the growing systemic problem of the shadow fleet.
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- August 20 2025
Axa France Vie withdraws India reinsurance branch licence
The French (re)insurance group's subsidiary in India, XL Insurance India reinsurance branch, led by Alok Shukla, will continue to operate in the market.
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- August 20 2025
Aspen shares rally in premarket trading on reports of Sompo merger talks
New York-listed Bermudian (re)insurer is reportedly seeing interest from the Japanese insurance group.
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- August 20 2025
Allianz Trade appoints Tetsushi Kitano as Thailand country manager
Kitano, with over 17 years at the trade credit insurer in Japan and Hong Kong, will continue to lead the Japan desk for Asean countries.
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- August 20 2025
Charles Taylor names Gordon Tennant as director for marine technical services in Asia
Singapore-based Tennant will report to global managing director for marine technical services, Phil Osmotherley.
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- August 20 2025
Liberty promotes Ann Dang to APAC chief of staff
She will work closely with APAC president Mathew Jackson to deepen client relationships.
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- August 20 2025
APAC upstream market continues to navigate difficult conditions as double-digit rate reductions energise buyers
Increased underwriting capacity, limited catastrophic loss activity, and heightened competition among insurers suggest there is sustained downward pressure of 5-12.5% on premium rates.
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- August 19 2025
Great Eastern shares to resume trading on Singapore bourse on Thursday
Completion of a bonus issue, following OCBC's unsuccessful take-private offer, has increased public shareholding to 11.76% after more than a year of trading suspension.
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- August 19 2025
HDI Global APAC poised for growth in mid-market segments, complex placements
HDI Global’s Asia Pacific units reported continued growth in the first half of the year as the Germany-based corporate and specialty insurer grew its insurance revenue by 8% to EUR5.1 billion (US$6 billion).
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- August 19 2025
Philippines’ Q2 insurance penetration hits 1.79% as non-life premiums surge 20%
The Insurance Commission credited the improvement to faster premium growth, with the non-life NWP for the first half of the year reaching US$694m.
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- August 19 2025
Asian Development Bank, UN collaborate to launch climate insurance solutions for Fijian small businesses
Initiative is supported by US$950,000 in technical assistance from the Asia-Pacific Climate Finance Fund.
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- August 19 2025
Darren Woolnough rejoins Dual as head of specialty
Auckland-based Woolnough had spent three years as a senior underwriter with the Howden-owned MGA during his first stint.
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- August 19 2025
Howden taps Chris Hughes to lead New Zealand broking
Howden is reshuffling the leadership of its New Zealand broking business, with Nigel Wallace elevated to chairman.
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- August 19 2025
Asia’s revitalised art market attracts new capacity as demand for tailored cover grows
Fion Ko, associate director of fine art and specie for Asia at Willis, tells InsuranceAsia News' Between The Lines podcast that an increasing demand for digital art is posing challenges as the market finds ways to cover the emerging risks.
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- August 18 2025
HDI Global appoints Mani Tsang as claims manager in Hong Kong
Tsang joins the commercial and specialty lines insurer from Axa XL, where she was the senior claims specialist since April 2022.
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- August 18 2025
Zurich veteran Mervyn Rea joins Howden as Pacific head of risk engineering
Melbourne-based Rea had spent over four decades at Zurich.
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- August 18 2025
Filipino carriers FPG Insurance, Mercantile Insurance to merge
Combined entity, FPG Mercantile, expects to become a top-four player in the Philippine non-life market, with US$175 million in GWP.
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- August 18 2025
Howden Re names Candy Wong as head of Hong Kong treaty
Veteran Hong Kong reinsurance broker joins from Guy Carpenter.
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- August 18 2025
Rising risks redefine marine insurer-clients relationships: IUMI’s Lars Lange
As the industry body prepares to host their annual conference in Singapore, sanctions and geopolitical risks continue to dominate concerns for carriers.
