Country: Asia Pacific Page 6 / 526
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- June 4 2025
Bolttech closes US$147m series C fundraise from Sumitomo, Iberis Capital
Japanese trading house also enters JV with the insurtech to deliver embedded insurance programmes.
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- June 4 2025
Chubb veteran Bilal Chohan joins Everest Insurance to ‘kick off’ risk engineering practice
Sydney-based Chohan will focus on property, energy, and construction portfolios covering local and international markets.
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- June 4 2025
Adenes Australasia acquires majority stake in New Zealand loss adjuster
Adenes Australasia already counts vrs ANA in Australia, vrs Vering in Europe, and vrs Adjusters globally as part of its brand.
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- June 4 2025
South Korean non-life insurers face capital pressure as liabilities rise: AM Best
Long-term insurance premium growth may face headwinds from macroeconomic uncertainties, while intensified competition could undermine sustainable growth as the market becomes saturated.
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- June 4 2025
McLarens acquires Melbourne-based boutique loss adjuster
Property & Forensic Assessing boosts McLarens’ construction, commercial property, and financial loss capabilities.
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- June 4 2025
‘Exposed and vulnerable’: Australia’s wine industry in need of innovative solutions to cork protection gap
Parametric insurance is emerging as a viable alternative to traditional covers, addressing critical gaps for both large vineyards and single-vintage producers, according to underwriters and industry bodies.
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- June 3 2025
India’s non-life premiums could rise to US$38bn in FY26: ICRA
Report also notes private insurers could expand market share to 70% by FY27, up from 68% in FY25.
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- June 3 2025
NSW floods claims top 8,700 as residents face ‘uncertain future’
Over 78% of claims are related to property, according to the Insurance Council of Australia (ICA).
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- June 3 2025
India’s 3 state-owned insurers need close to US$2bn to remain solvent: ICRA
Combined solvency ratios remained weak at 0.85 as of December, compared to the regulatory minimum of 1.50.
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- June 3 2025
Howden Specialty adds Marsh’s HuiLeng Tan to APAC power, renewables team
She had spent the last 10 and a half years with Marsh.
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- June 3 2025
‘Pivotal moment’ as Allianz Australia’s sale of Hunter Premium Funding is finalised
Allianz had agreed to sell Hunter to Pemba Capital Partners in December.
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- June 3 2025
How easy is it for mid-sized operators to find a seat at APAC’s broking top table?
Outfits in Asia are convinced that growth is possible outside of the corporate broking behemoths, but 'it takes a hell of a lot of patience'.
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- June 2 2025
Lockton taps Aon’s Darryl Lee as head of professional, executive risk
Singapore-based Lee previously worked at Aon for almost eight years, most recently as associate director for financial services and professions group/sales and marketing.
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- June 2 2025
AIG appoints Celina Ennis as ANZ head of operations
Ennis joins from Allianz, where she was national manager for quality assurance since July 2021.
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- June 2 2025
Swiss Re CorSo promotes Cyrus Pang to Asia head of claims
Pang has been with Swiss Re CorSo since May 2021, having joined as global head of international programs and customer experience claims.
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- June 2 2025
Grab ‘in early stages’ of entering Singapore’s motor insurance market: report
GrabInsure has been hiring staff in recent months, having obtained a general insurance licence from the Monetary Authority of Singapore in December.
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- June 2 2025
Canopius boosts APAC casualty, financial lines teams with dual promotions
Brodie English has been promoted as head of casualty for Australia and New Zealand, succeeding Craig Elliot, while Rob Barnum has been named head of financial lines for APAC.
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- June 2 2025
Not enough, wrong time, or too much: extreme weather forces shift in agri policies to protect APAC’s vulnerable crops
As yields become increasingly variable, demand for mixed solutions that offer broader business interruptions and livelihood protection for farmers, including with governmental support, is rising.
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- June 2 2025
Bolttech Insurance Hong Kong ratings affirmed despite fluctuating financial performance: Fitch
The general insurer's net income declined to US$255,000 in 2024 from about US$4m million a year earlier.
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- May 30 2025
Zurich names Suncorp’s Morris Garsin as head of claims excellence for ANZ
Sydney-based Garsin will assume the role in August.
