Country: Asia Pacific Page 9 / 562
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- October 16 2025
Australia’s cyclone pool delivers 37% premium cut in highest-risk areas: ARPC
Premiums and quote success rates improve across cyclone-prone regions, with SME policies seeing further reductions.
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- October 16 2025
‘On the cusp of transformation’: AI creates a need for ‘product evolution’ in cyber insurance
The insurance industry has a key role to play in responding to the rapidly evolving threat of AI enabled cyber attacks, says Singapore's Cyber Security Agency's Veronica Tan.
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- October 15 2025
Huntington Advisory ties up with France’s MGT Partners to enhance access to European (re)insurance market
The partnership will offer clients an advisory platform spanning M&A, capital solutions and strategic transactions, with particular emphasis on cross-border opportunities in insurance distribution and consolidation.
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- October 15 2025
Aon India elevates Abizar Bohra to head of sports, leisure and entertainment
Bohra was previously senior vice president with the broker for over two years.
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- October 15 2025
360 Underwriting acquires agri specialist MGA Crop Risk Underwriting
Sydney-based Crop Risk, which was founded in 2019, offers broadacre insurance, cotton crop (hail and fire) insurance and remote-sensed fire insurance for perennial trees and vines.
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- October 15 2025
Q3 nat cat losses at two-decade low of US$50bn: Gallagher Re
In terms of insured losses, the third quarter by itself tentatively produced less than US$15bn in insured losses and was the lowest total since 2016.
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- October 15 2025
China’s plan to tighten commission controls for non-motor market to improve pricing: Fitch
New measures, which will take effect on November 1, aim to shift competition away from commission-driven sales toward profitability and risk-based pricing discipline.
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- October 15 2025
Gallagher Australia appoints Rafael Quijada as client manager for energy
Perth-based Quijada transitions to energy insurance after spending over two decades in the energy sector, most recently at Halliburton.
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- October 15 2025
Australian insurers demand review of ‘outdated’ public liability laws to ease cost pressure
Insurance Council of Australia has made recommendations for state and territory governments to modernise and unify public liability laws that haven’t been reviewed in almost 25 years.
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- October 15 2025
QBE Re taps Berkley Re’s Cindy Foo as head of treaty for Asia in regional growth push
In the newly created role, Singapore-based Foo will report to Abdallah Balbeisi, executive director of Europe and growth markets.
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- October 15 2025
ADB approves US$400m loan to strengthen Philippines insurance sector
The development bank's first dedicated insurance reform program will creat an enabling environment for broader participation in the sector.
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- October 15 2025
High-profile breaches propel cyber insurance adoption in APAC: Beazley
Clients are advancing beyond awareness and assessing operational and financial cyber risk exposures, says regional cyber lead Teck Sion Ng.
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- October 14 2025
Lawmakers to question major Korean carriers over high disaster insurance premiums, margins: report
- Insurers
- South Korea
- DB Insurance
- Hanwha General Insurance
- Hyundai Insurance
- KB Insurance
- Meritz Fire & Marine Insurance
- Samsung Fire & Marine
The National Assembly has summoned chief executives of Samsung Fire & Marine, DB Insurance, Hyundai Marine & Fire, KB Insurance, Hanwha General Insurance, Meritz Fire & Marine and NH NongHyup Property & Casualty Insurance.
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- October 14 2025
Marine insurance rates may rise following Sri Lanka’s US$1bn plastic spill ruling: report
A cargo ship owned by Singapore’s X-Press Feeders, insured by London P&I Club, spilt tens of billions of petrochemical pellets and burnt plastic, oil and chemicals into the ocean off Colombo in 2021.
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- October 14 2025
MS&AD to put Hawaiian unit DTRIC into run-off
It will continue to administer all active policies, manage claims and meet its contractual and statutory obligations over the next several years.
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- October 14 2025
China’s retaliatory port fees on US-linked vessels adds to maritime disruptions
A US$56 per net ton fee will be charged at Chinese ports from vessels that US flagged, built or are owned or operated by US enterprises, meanwhile, the country has also banned Korean shipbuilder Hanwha Ocean's US subsidiaries in escalating tensions.
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- October 14 2025
Australian court restrains Marsh from pursuing Greensill claims in UK
The 'anti-anti-suit injunction' in the sprawling litigation follows Marsh's claims that Greensill is contractually bound to resolve its disputes in England.
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- October 14 2025
Markel to restructure international operations into 5 divisions
The five new units are Asia-Pacific, Canada, Europe, London Market (comprising marine & energy, PFR & cyber, and specialty) and UK.
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- October 14 2025
Howden acquires Kiwi broker Omni in continuing Pacific expansion
Founded in 2006 by Clinton Alcock and Matthew Thorburn, Omni offers commercial and domestic insurance to 1,800 clients across Auckland and Central North Island.
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- October 14 2025
AI adoption increases risks for cyber insurers: Axa XL
The rollout of AI technologies, a rapidly evolving data privacy landscape in Asia and increased threat actor activity are driving the cyber market in the region, says regional cyber head Sam Bye.
