Country: Asia Pacific Page 5 / 625
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- July 7 2026
Hong Kong’s first virtual insurer eyes Malaysia-led Southeast Asia push after hitting ‘critical’ US$100m revenue milestone
Life insurer Bowtie expects to break even 'quite soon' on the back of rapid growth and a 93% customer retention rate, co-founder Fred Ngan told InsuranceAsia News.
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- July 7 2026
New South Wales emergency services levy reform could save US$347m in economic costs, lower premiums: ICA analysis
Independent economic analysis released by the Insurance Council of Australia (ICA) shows reforms would deliver more money to over two million households, with most saving at least US$38 a year.
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- July 7 2026
Aon’s Reinsurance Solutions appoints Matthew Chae as L&H growth leader in South Korea
Seoul-based Chae has strong cross-border expertise and more than 20 years of experience across life insurance and reinsurance.
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- July 7 2026
Markel appoints Weng Fatt Tan as senior casualty underwriter in Malaysia
Kuala Lumpur-based Tan was most recenly head of liability at Berjaya Sompo Insurance.
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- July 7 2026
PCRIC makes second drought parametric payout to Tonga
Payout funds assistance following the arrival of drought conditions in Tonga's Niua island group.
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- July 6 2026
Australia’s competition regulator probes Allianz-nib travel insurance tie-up
Australian Competition and Consumer Commission launches a phase one investigation into the US$34.66m transaction.
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- July 6 2026
Niyam Group taps Ritesh Shah to drive India engineering, construction buildout
He joins after a long stint at Swiss Re in India.
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- July 6 2026
Aviso Specialty hires Kerin Rathgeber as trade credit head
Melbourne-based Rathgeber has more than 29 years of experience spanning trade credit, underwriting, broking, business development and strategic client advisory.
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- July 6 2026
Willis appoints Gary McMullen as senior director for workplace risk
Brisbane-based McMullen joins from Aon following a previous stint at Willis Australasia.
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- July 6 2026
Mitsui Sumitomo-owned Time Machine makes pair of senior underwriting hires
W&I specialist Japanese MGA appoints Shuko Shikatani as an underwriter and CFO, while Sumiyo Yamamoto joins from AIG as an underwriter.
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- July 6 2026
Not blowout year, but M&A resiliency remains amid soft market, improving geopolitical outlook
Insurer appetite for M&A remained robust in the first half despite a volatile geopolitical backdrop, with three jumbo deals in Japan, Australia and the UK.
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- July 3 2026
Quartet set to vie for South Korean bridge insurer Yebyeol Non-Life: reports
Heungkuk Fire & Marine Insurance, OK Financial Group, JC Flowers, and Korea Investment Holdings are reported to have participated in the second main bid for the South Korean bridge insurer.
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- July 3 2026
Suncorp FY26 nat cat costs top US$1.5bn, exceeds allowance
Australian insurer expects GWP growth of approximately 2.7% for the finacial year ended June 30.
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- July 3 2026
Lockton taps Alberto Ferriolo as Asia regional growth leader for marine, transportation
He joins from Miller in Singapore, and reports to Sung Wook Han, Lockton’s head of Asia marine and transportation.
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- July 3 2026
Darren Toll named Austbrokers Countrywide and Adroit Insurance & Risk businesses group CEO
Tim Considine transitions to a role as group executive chair following the merger between Austbrokers Countrywide and Adroit Insurance & Risk.
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- July 3 2026
Suncorp renews FY27 cat program with higher top-end, 5-year aggregate cover
Carrier reports higher reinsurance costs due to aggregate cover, which is offset by capital efficiency gains, including reduction in excess capital and capital release.
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- July 3 2026
Australia’s Metrix Insurance Group acquires Coverscope Insurance Brokers
It is the first of a strategic pipeline of acquisitions that will continue to support the long-term growth of the Metrix.
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- July 3 2026
Zurich enters Australian home insurance market via new Honey tie-up
Agreement follows a similar partnership to offer pet insurance in March.
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- July 3 2026
‘Forerunners in the unforeseeable’: Knightcorp challenges the status quo in Australia’s consolidated insurance market
CEO Trent Brown tells InsuranceAsia News' Between the Lines podcast that three pillars are redesigning insurance broking from the ground up.
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- July 2 2026
Australia’s cyclone reinsurance pool only part of the answer, brokers association says
National Insurance Brokers Association (NIBA) responds to the release of the fifth and final insurance monitoring report by the Australian Competition and Consumer Commission (ACCC).
