Country: Asia Pacific Page 6 / 538
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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%.
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- July 24 2025
New Zealand brokers’ association names new CEO
Katherine Wilson is currently head of advocacy at the Property Council of New Zealand.
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- July 24 2025
India’s state banks looking to unlock value from insurance ventures: report
In a review meeting last month, several banks shared their disinvestment plans with the finance ministry.
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- July 24 2025
QBE signs up Sure to distribute intermediated home cover in Australia
Australian insurer will no longer offer domestic householders’ insurance directly through its broker channel from the start of October.
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- July 24 2025
Asia’s asset-intensive reinsurance outlook remains ‘bullish’: Gallagher Re’s Jeffrey Seow
Head of life and health in the region tells InsuranceAsia News that capital markets volatility will drive deal flow.
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- July 23 2025
Tower discontinues multi-policy discounts as efforts to fix errors falls short
Kiwi insurer says it had made significant investments to upgrade its systems and processes following regulatory action.
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- July 23 2025
Steadfast Group-owned Miramar ropes in AIG veteran Michael Mackenzie as head of underwriting technical services
Melbourne-based Mackenzie spent over nine years at AIG, having also worked for the likes of Allianz, Zurich, Chubb, and CGU.
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- July 23 2025
Allianz Commercial India branch will transfer to new Jio JV as fac desk
Treaty operations will be managed by Allianz Reinsurance, the company told InsuranceAsia News.
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- July 23 2025
Japan P&I Club posts 69.2% combined ratio in FY24
Club said its financial year, which ended March 2025 was characterised by a 'noticeable increase in large claims' such as the Baltimore Bridge collapse.
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- July 23 2025
Deadly Ha Long Bay boat capsize insurance payouts to top US$500,000: reports
At least 37 people died after the Wonder Seas capsized during bad weather in Vietnam on Saturday.
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- July 23 2025
UIB India hires Sunil Sharma from Policybazaar as assistant vice president
Sharma’s appointment is to strengthen UIB’s India operations, with a focus on Delhi region.
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- July 23 2025
Lockton India continues transactional lines build out, appoints Pankti Doshi as VP
Mumbai-based Doshi was previously an assistant vice president at asset management group Blackstone.
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- July 23 2025
Zurich takes Swiss Re’s Michael Szwajda as Singapore broker relationship lead
He will focus on deepening broker and customer relationships and driving growth for the insurer's commercial insurance portfolio, including Zurich Resilience Solutions opportunities.
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- July 23 2025
Inflation, nat cats weigh on APAC construction, sparking underinsurance as regional infrastructure opportunities build
Insurers are enhancing risk modelling capabilities to keep pace with the rising frequency, while innovating on products to serve the evolving market.
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- July 22 2025
Aon India hires Vikas Pareek as head of transaction solutions
Mumbai-based Pareek has expertise in transaction structuring, cross-border deals and regulatory strategy.
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- July 22 2025
Lloyd’s carriers launch Asia cyber pool
New consortium backed by Antares, Munich Re Specialty, Newline and Tokio Marine Kiln offers up to US$20m XoL capacity.
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- July 22 2025
Delta Australia ropes in BHSI’s David Augustyniak to lead cyber, PI underwriting
Brisbane-based Augustyniak has two decades of experience across underwriting, broking, and portfolio leadership.
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- July 22 2025
South Korea flood motor claims rise to US$22m: report
At least 17 people died in floods and landslides caused by the torrential rain, which started last week and intensified over the weekend.
