Country: Asia Pacific Page 5 / 538
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- July 29 2025
Critical mass achieved, MS Amlin focused on APAC consolidation after robust growth: CEO William Ho
He also tells InsuranceAsia News about the regional strategy for the Lloyd's carrier in light of changing market conditions, ANZ expansion and the future of its ILS platform, Phoenix Re.
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- July 28 2025
Fitch assigns Generali China A- financial strength rating on strong capital position, strategic group role
Wholly owned Chinese P&C arm of Italian insurance group posted GWP of US$238m and 105% COR last year.
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- July 28 2025
Marsh to acquire Mitsubishi Electric’s in-house insurance agency in Japan
Shares of Mitsubishi Electric Insurance Service will be transferred to the global broker in November.
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- July 28 2025
FreightInsure expands embedded insurance to New Zealand
Service, backed by global insurer HDI Global Specialty SE, enables shippers to attach micro-policies of up to US$59,000 per consignment during the booking process.
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- July 28 2025
Jarrod Tilbrook joins Marsh ANZ as managing principal
March Australia and New Zealand has tapped the former Aon, WTW and Coverforce executive as its new managing principal.
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- July 28 2025
Construction Guarantee’s underwriting losses to continue for the short to medium term: AM Best
Korean insurer has reported two consecutive years of underwriting losses in 2023 and 2024, as well as another loss in H1 2025.
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- July 28 2025
Delta Insurance promotes Natasha Plesnik to casualty manager
New Zealand-based Plesnik previously worked as a senior underwriter for the specialist underwriting agency.
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- July 28 2025
Aviation : Growing pains in Asia’s maintenance industry will have implications for insurers
Lack of talent, training, infrastructure, and oversight emerge with Asia Pacific is on track to become the world’s largest aircraft maintenance, repair and overhaul (MRO) market by 2030.
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- July 28 2025
Opportunity knocks for Australia as regulator keeps (re)insurance market waiting over proposed major reforms
Relaxation of requirements by the Australian Prudential Regulatory Authority are set to provide a considerable boost to the alternative risk transfer sector.
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- July 28 2025
Hong Kong P&C market posts US$112m underwriting profit in Q1 2025: HKIA
The SAR's direct insurers posted an underwriting profit of US$140m, while the inward reinsurance segment posted an underwriting loss.
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- July 25 2025
Wipha economic losses to run into ‘hundreds of millions’: Aon
Wipha passed through the Philippines, China, and Vietnam from July 18-24.
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- July 25 2025
Steadfast CFO Stephen Humphrys to retire
Hannah Lee, the current group financial controller, will become acting chief financial officer.
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- July 25 2025
Pricing, prudent underwriting to sustain Bao Viet Insurance’s strong performance: AM Best
AM Best assigns an insurer rating of B++ (good) with a stable outlook, driven by its very strong balance sheet, adequate operating performance and neutral business profile.
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- July 25 2025
India’s reinsurance market poised for massive growth, driven by infrastructure boom: Policybazaar for Business
Co-founder and chief business officer Tarun Mathur tells InsuranceAsia News that the one-stop digital insurance platform is also eyeing business expansion in the Middle East and Southeast Asia.
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- July 24 2025
India appoints former finance secretary Ajay Seth as IRDAI chairman
The all-important regulatory post has been lying vacant for over four months, after the tenure of the previous chairman Debasish Panda ended in March.
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- July 24 2025
Specialty broker Consilium opens Singapore office, appoints Descartes’ Rob Drysdale as CEO
Cedent fac specilaist will initially focus on property, power and energy in the region.
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- July 24 2025
MS Amlin names Christiern Dart as CEO, Andrew Carrier moves to Mitsui Sumitomo group role
Dart, who joins from Brit, will start in January, with incumbent Carrier joining MSI as executive officer.
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- July 24 2025
Asia insurance rates drop 5% in Q2 2025, sixth straight quarter of decline: Marsh
Property rates down 5%, while casualty placements saw a 2% decline, and finpro and cyber rates fell by 7%, according to the broker's Global Insurance Market Index.
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- July 24 2025
Allianz Partners hires senior underwriter from Allied World
Hong Kong-based Juan Ibarra Santos has joined Allianz group's affinity and assistance business as a senior group underwriter.
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- July 24 2025
Pacific rates continue to decline, falling 11% in Q2: Marsh
Property rates drop by 13%, casualty falls 5%, while finpro and cyber see drops of 10%.
