Country: Asia Pacific Page 5 / 655
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- October 23 2026
Asia insurance rates fell 6% in Q3, extending decline to 11th straight quarter: Marsh
Property insurance rates fell 7%, while financial and professional lines and cyber insurance rates declined 6%.
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- October 23 2026
Pacific insurance rates dropped 12% in Q3 as soft market persists
The 11th straight quarter of falling insurance rates is led by a 14% drop in property, according to Marsh’s Global Insurance Market Index.
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- October 22 2026
IAG confident RACI deal will be completed in 2027 despite opposition
Managing director and CEO Nick Hawkins tells IAG's AGM that the insurer is continuing to work through the process as it seeks to win the Australian competition regulator’s approval.
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- October 22 2026
Chubb veteran Jay Santos relocates to Singapore as head of property
He was most recently deputy property manager for Victoria and Tasmania for Chubb in Australia.
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- October 22 2026
Aviso Specialty taps Ashish Bhattacharya as Pacific head of real estate
He previously led Lockton's real estate business in Australia.
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- October 22 2026
Oneglobal ships in Maxence Servelle to lead Asia cargo
Singapore-based Servelle joins from Diot-Siaci, where he was Asia head of marine cargo.
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- October 22 2026
Howden adds Yuchen Yang to China M&A team in Beijing
She joins from energy IoT solution provider NewLink, where she was a senior legal manager.
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- October 22 2026
Arch Insurance Australia hires Shawn Jarman as senior casualty underwriter
He joins from the Victorian Managed Insurance Authority, while he has also held underwriting and account management roles at Epsilon Underwriting, Allianz and Vero Insurance.
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- October 21 2026
Skuld’s Wei Fan to take Hong Kong helm in late 2027, Patrick Wang to chair Far East unit
P&I club unveil a global restructuring, which will see Nick March handed an expanded remit as Singapore and Japan head.
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- October 21 2026
Sompo Indonesia sets up sharia insurance arm to offer greater clarity, focus
Sompo Indonesia has been providing sharia-based asset protection services since 2017.
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- October 21 2026
Australia’s cyclone pool swings back into profitability in FY26 on lower claims, provisions
Australian Reinsurance Pool Corporation’s cyclone pool made a US$492m positive operating profit in FY26, up from an operating loss of AU$1.2bn in FY25.
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- October 21 2026
Global insured cat losses hit US$92bn to Q3, lowest since 2019: Gallagher Re
Japan's July Kumamoto earthquake was the costliest event in APAC with US$1.3bn insured and US$8bn in economic losses.
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- October 21 2026
AUB Group to acquire Aon’s One Underwriting Australia
Deal remains subject to regulatory approval and customary completion conditions.
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- October 21 2026
‘We can’t keep rebuilding after every disaster’: insurers demand climate action from next New Zealand government
Prime Minister Christopher Luxon and Labour leader Chris Hipkins took part in a debate on Tuesday's ahead of next month's general election.
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- October 21 2026
IndusInd General Insurance appoints Sharad Mathur as new CEO, managing director
He previously led Universal Sompo General Insurance.
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- October 21 2026
Senior liability underwriter Jane Makin swaps Berkley Insurance Australia for Dual Australia
She had spent over three and a half years at Berkley Insurance Australia having joined from Inglis Insurance Brokers as an underwriter in March 2023.
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- October 21 2026
Dual strengthens title, legal indemnity capabilities with new international binder
New capacity of up to US$428m enhances the MGA's ability to support complex cross-border transactions through increased limits and broader geographical reach, including APAC.
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- October 21 2026
A long way from chicken sheds, BESS market comes of age as insurers face new data centres co-location exposure
Battery energy storage system (BESS) pricing has fallen sharply, but thermal runaway remains a concern for insurers, Tom Harries, director of energy, power, and infrastructure at broker Amwins, tells InsuranceAsia News' Between the Lines podcast.
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- October 20 2026
Siew Choo Tan to succeed Ivan Chan as Helvetia Asia CEO
Chan, who held the role for the last nine years, will transition into the role of senior adviser 'for a defined period during the handover phase,' also effective from January 1.
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- October 20 2026
Gallagher Australia hires John Mutton to lead affinity business
Mutton will start early 2027 and report to Alex Lumby, the broker’s Australia CEO.
