Country: Asia Pacific Page 6 / 641
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- August 27 2026
South Korea non-life insurers’ H1 net income up 10% to US$3.7bn
Premium income increased 8.6% to US$50.4bn in the first half of the year, with growth observed across all lines.
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- August 27 2026
Guy Carpenter elevates Justin Ward to Pacific CEO
Marsh's reinsurance broking unit also adds former Partner Re CEO James Beedle to its Pacific board of directors.
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- August 27 2026
Chubb shifts Jon Longmore to country president for New Zealand
He had been Chubb's Malaysia country president for the past two years.
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- August 27 2026
Deadly flash flood on Nepal-China border leaves widespread destruction
More than 270 people have died, while over 1,000 are still missing following the event on Wednesday morning.
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- August 27 2026
Product recall market to swerve loss over Tesla’s China hidden door handle snafu
Over four million vehicles are affected in China’s biggest-ever car recall, which also includes vehicles from Chinese carmakers XPeng, Xiaomi and Geely.
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- August 26 2026
AIG elevates Pongprat Suwan to Thailand trade credit head
Bangkok-based Suwan will lead underwriting and operational strategies, oversee the commercial and underwriting priorities, including distribution, partnerships, and business development.
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- August 26 2026
Munich Re Specialty rolls out Lloyd’s first-ever construction rescue insurance
Policy, which is also being offered in Australia and New Zealand, funds response and recovery operations during the rescue and immediate recovery phase after construction accidents.
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- August 26 2026
MSIG Hong Kong names Billy Wong as CUO
He brings nearly two decades of insurance expertise across retail and commercial lines, with experience in underwriting, portfolio management, pricing, reinsurance, and product development.
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- August 26 2026
Takaful insurer Qatar Islamic Insurance Group handed Gift City branch approval
Nisamudheen Sadar Manzil, chief technical officer of insurance and reinsurance operations, is named the nominated contact person.
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- August 26 2026
Rare quartet of storms batters southern China, paralysing key ports
Narra, Gaenari, Saudel, and Atsani slam China's coast, flooding cities, clogging ports, and also disrupting Japan and Taiwan.
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- August 26 2026
Steadfast takeover would alter business dynamics ‘dramatically’, CEO Robert Kelly says
Broker hopes to lodge the scheme booklet in early October, while the consortium has reconfirmed its intention to complete the transaction by December.
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- August 26 2026
Victor Australia appoints Danial Mullin as head of casualty
Melbourne-based Mullin joins the underwriting agency and authorised representative of Marsh after three years at Guild Insurance.
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- August 25 2026
Steadfast confirms search for Robert Kelly’s successor paused amid takeover
A new CEO was originally expected to be named by the release of the FY26 results in August as part of an orderly leadership transition.
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- August 25 2026
Steadfast’s FY26 revenue topped US$1.5bn with record profit
Results come just days after a bidder consortium of Amwins, Dragoneer Investment Group, and KKR signed a binding agreement to acquire Steadfast in a US$5.5bn deal.
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- August 25 2026
ARPC forecasts US$787m in GWP for FY26-27, outlines support for terrorism and cyclone pools
Corporate plan outlines four strategic priorities, along with key activities, to support its role in administering the terrorism and cyclone reinsurance pools.
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- August 25 2026
Chubb exploring ‘other options’ after scrapping Malaysian unit IPO: report
Flotation of Chubb Insurance Malaysia was intended to fulfil requirements to comply with foreign ownership rules.
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- August 25 2026
Ex-Steadfast COO Nigel Fitzgerald to steer Amwins’ Australasian underwriting business
He will remain associated with Kaibridge, the MGA he co-founded, but day-to-day leadership will stay with CEO Grant Cairns.
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- August 25 2026
Tokio Marine identifies Suncorp as preferred takeover target: report
The Japanese insurance group is understood to have reviewed other potential options, including IAG and Canada’s Intact Financial.
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- August 25 2026
Allianz Thailand announces leadership succession with Thomas Wilson set to retire
Lars Heibutzki will succeed Wilson as Thailand country manager and CEO of the life and health business, while Sanghun Park will take over Heibutzki's role as CEO of the general insurance business, both effective from January 1.
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- August 25 2026
Exclusive: Tina Cheung to depart Markel after three years
She has been with the financial lines underwriting team in Hong Kong since 2023.
