Country: Asia Pacific Page 8 / 655
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- October 13 2026
Shinhan Financial agrees US$516m deal for controlling stake in Lotte Insurance
Korean financial services group signed an agreement to purchase a 77% stake in the non-life carrier from private equity owner JKL Partners.
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- October 13 2026
Pacific Life Re seals second Japan structured reinsurance deal of 2026
The transaction with an unnamed ‘leading life insurer’ is designed to optimise capital efficiency under the new ESR framework.
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- October 13 2026
Parametric specialist IBISA appoints Samdarshi Vikram Singh as India CEO
Luxembourg-based company palns to extend its work beyond agriculture into lending, SMEs, renewable energy and other sectors exposed to climate volatility.
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- October 13 2026
Opinion: Barcelona floods are a wake-up call on urban flood risk
Urban flooding can be intensely local, with a cloudburst overwhelming drainage, inundating basements, and knocking out transport, utilities, and businesses without the dramatic footprint of a major typhoon.
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- October 12 2026
Lloyd’s Asia joins GAIP as supporting partner
Lloyd's Asia will contribute its specialist expertise to the platform to address protection gaps and strengthen resilience against complex, evolving risks in Asia.
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- October 12 2026
Japan moves to create domestic reinsurance captive regime
The government plans to submit a bill to the next ordinary legislative session, due in January 2027, to create a system of reinsurance captives that handle limited risks.
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- October 12 2026
FWD to re-enter P&C with 25% stake in bolttech Hong Kong for US$21m
The target was formerly FWD General Insurance and was divested by the Richard Li-controlled insurance group to bolttech in 2020.
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- October 12 2026
Indonesian solvency rules to drive consolidation, capital raising: Fitch
Country’s carriers also face pressure from the impending implementation of an RBC regime in 2027.
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- October 12 2026
BMS Group taps Grant Robertson as executive broker
Robertson was formerly head of complex risks at Donaldson Brown.
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- October 12 2026
Nat Re’s underwriting performance improves on non-life claims development, life margins: AM Best
Rating agency has affirmed the Philippines reinsurer's rating of B++ (good) with a stable outlook.
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- October 11 2026
Japan’s FSA suspends Prudential Life, Gibraltar Life operations for 3 months over employee fraud
The partial suspension, running from Tuesday to the end of January, bars the insurers from writing new contracts or selling products.
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- October 11 2026
Australia’s competition tribunal halts IAG-RACI appeal pending ACCC public benefit ruling
IAG and RACWA plan to file the public benefit application with the competition watchdog before Wednesday.
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- October 9 2026
Hong Kong insurers to extend mandatory motor, employees’ compensation cover to new Huanggang port area
Market agreement signed between the government and the industry ahead of the port's official opening next Monday.
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- October 9 2026
HDI Global Japan names Kei Kimura as general manager of distribution and marketing
Kimura joined the German insurer's Japan branch on October 1.
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- October 9 2026
Howden Re hires Titus Wu as associate director for APAC facultative
Wu relocated to Singapore from Hong Kong, where he was most recently an associate director at Aon.
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- October 9 2026
Thailand’s insured flood losses to date in 2026 at US$297–327m: OIC
Carriers escaped major losses in the latest event because property policies now include flood sublimits that cap insurer liability and prevent runaway losses, says Crawford's Sompong Suriwong.
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- October 9 2026
Tuvalu becomes 13th member of PCRIC, securing cyclone coverage
Work is also already underway to develop a tailored drought insurance product for Tuvalu, expected to be available in early 2027.
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- October 8 2026
Specialty MGA hires David Higgins to lead global bloodstock expansion
MNK Group's new portfolio will have a global remit, with a particular focus on opportunities in Australasia, the US, the UK, and Europe.
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- October 8 2026
Business interruption claim severity up more than 30% a year: Allianz Commercial
While volume of claims remained stable, value has increased sharply in recent years due to geopolitical tensions and increasing cyber and technological risk.
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- October 8 2026
APAC data centre expansion concentrates risk across construction, power, operations and cyber: Howden
Insurers and brokers are increasingly providing integrated programs addressing both construction and operational phases, with delay in start-up cover responding only to delays caused by an underlying insured physical loss event.