Country: Asia Pacific Page 5 / 623
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- June 30 2026
New Zealanders lose faith in climate risk management as insurance costs bite: poll
Over 60% of New Zealanders say the government should prioritise reducing climate risks to help bring down insurance costs.
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- June 29 2026
Japan’s direct premiums grew 3.8% to US$66.1bn in FY25: GIAJ
Combined ratio of 31 insurance companies decreased by 3.8 percentage points compared to the previous financial year to 92.2%.
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- June 29 2026
Global property catastrophe rates fall to minus 16% at 1.7 renewals: Guy Carpenter
Guy Carpenter says the competitive pricing environment 'continued to prevail' during the midyear renewals, which include Australia and New Zealand.
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- June 29 2026
Marsh New Zealand promotes Gabe Money to risk consulting leader
Auckland-based Money, who joined Marsh in February 2022, will lead the risk consulting team in delivering tailored risk management solutions.
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- June 29 2026
QBE appoints Patrick Karlowski as COO for Asia
QBE has also appointed Hong Kong-based Florence Chan as head of data, analytics and AI for Asia, effective from July 13.
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- June 29 2026
‘Sweet spot for global insurance’: regulatory confidence key to attracting global insurers to Asia
Senior executives from EY, FWD Group, HSBC, and Manulife told the FT Global Insurance Summit that proactive regional regulation and long-term commitment are turning Asia into the insurance industry's most compelling growth market.
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- June 28 2026
Shinhan, Korea Investment submit letters of intent for Lotte Insurance: report
Formal public auction for the private equity backed insurer is likely to be launched in August.
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- June 26 2026
Singapore eyes alternative risk transfer solutions under new corporate structure
Deputy prime minister and Monetary Authority of Singapore chairman Gan Kim Yong says a protected cell company (PCC) 'makes it possible to structure different risks separately'.
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- June 26 2026
Taiping Indonesia completes first cross-border renminbi reinsurance deal
Deal involves four cross-border renminbi premium payments tied to a construction insurance policy for a nickel and cobalt project.
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- June 26 2026
Buyer-friendly renewals persist at 1.7 as soft market signs mount, but reinsurers signal pricing floor
Rate reductions of 10–15% on loss-free business, with deeper cuts in some cases, as terms and conditions hold firm, industry insiders told InsuranceAsia News.
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- June 25 2026
Asia factory cyberattacks leaving billion-dollar assets underinsured, TMK says
Surge in cyberattacks targeting industrial control systems has exposed a critical insurance gap, leaving manufacturing firms vulnerable to uninsured physical damage and production stoppages despite holding large property policies, according to Tokio Marine Kiln.
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- June 25 2026
Aon’s Reinsurance Solutions names Chin Fong Teh as APAC chief of staff
Singapore-based Teh, who has two decades of experience in reinsurance operations, transformation and regional leadership, reports to Asia Pacific CEO Rupert Moore.
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- June 25 2026
‘Big shoes to fill’ as Michael Abdallah departs Liberty after 27 years, Marcus Thomas named CUO
Chairman of Australia and chief underwriting officer for Asia Pacific will retire on September 30, with Hong Kong-based Thomas taking over as CUO in the region on July 1.
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- June 25 2026
Australia’s cyclone pool has moderated premiums in high-risk areas: ACCC
Pool is delivering targeted premium relief for households and small businesses most exposed to cyclone risk, although broader cost pressures continue to push prices higher nationwide.
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- June 25 2026
GIC Re targets 40% foreign business share, pivot away from overseas property cat risks: report
India’s state-owned reinsurer plans to grow in north Asia and parts of Europe, while rebalancing towards casualty and specialty lines, chairman Hitesh Joshi says.
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- June 25 2026
Japanese non-life insurers seen sustaining strong underwriting profits: Fitch
Robust underwriting profits as quiet catastrophe losses, higher domestic rates and strong overseas specialty lines support earnings.
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- June 25 2026
PSC Insurance Brokers acquires transport specialist MA Insurance Brokers
Ardonagh Group-owned Australian broking group says the deal strengthens its capabilities in the transport and logistics sector.
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- June 25 2026
HDI Global hires Amiel Poonan as property underwriter
He joins in Brisbane following broking stints at Barrack Broking and PSC Insurance Group.
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- June 25 2026
Markel taps Henry Ang as Singapore head of terrorism
Singapore-based Ang joins from Everest, where he led political violence and terrorism for Asia alongside a property underwriting role.
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- June 25 2026
Howden Re deepens China bench with trio of managing directors
Reinsurance broker appoints Houqin Zhu as head of China treaty, Mike Xin as Asia Pacific agriculture head and David Song as head of greater China retrocession.
