Country: Asia Pacific Page 9 / 655
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- October 8 2026
AM Best maintains stable outlook for Indonesia non-life sector
Robust economic growth and capital strengthening measures are supportive of the industry's profitability, according to AM Best.
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- October 8 2026
GIC Re’s investment income makes up for lack of technical profits: AM Best
Rating agency has affirmed the financial strength rating of A- (excellent), the long-term issuer credit rating of “a-” (excellent) and the national scale rating of aaa.IN (exceptional) of GIC Re, all with stable outlook.
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- October 8 2026
South Korea’s OK Financial signs deal to acquire Yebyeol Insurance from KDIC
KDIC will provide US$737m in financial support as part of the deal.
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- October 8 2026
Marsh elevates Sonya Febbo to Australia head of authorised representatives for corporate, commercial
Melbourne-based Febbo previously spent over 15 years as managing director of XS Insurance, a corporate authorised representative of Marsh.
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- October 8 2026
Exclusive: Meritz Korindo chief denies reports of stake sale by Meritz Fire & Marine
Cha Hee Jun, president director of the company, told InsuranceAsia News that the Korean insurer has no plans to sell its stake in the Indonesian JV.
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- October 8 2026
IAG, RAC seek tribunal review of ACCC’s US$940m deal block
Companies have lodged separate filings with the Australian Competition Tribunal to overturn regulator’s decision.
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- October 8 2026
Aviso Specialty hires Marsh veteran Eric Wojcik to stand up capital solutions group
Wojcik, who joins as head of capital and guarantee solutions, will start in his new role from March next year.
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- October 8 2026
Exclusive: MS Amlin seeks investors for new US$40-50m Singapore sidecar, eyes untapped potential
Proposed third-party capital vehicle would look to build on the success of the Phoenix Re special purpose reinsurance vehicle, APAC CEO William Ho tells InsuranceAsia News.
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- October 7 2026
Awbury Syndicate 2025 launches Japanese underwriting operations
The Lloyd's syndicate will underwrite credit and financial risk business with policies issued locally through Lloyd's Japan.
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- October 7 2026
Mitsui Bussan Pana Harrison appoints Alice Lim as head of general insurance
She replaces Lisa Marbon, who will continue in a senior capacity, focusing on strategic client relationships, business initiatives, and supporting the company.
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- October 7 2026
Lockton taps Kenichiro Miki as senior consultant for Japan business
He joins from Price Forbes where he was head of its Japan practice.
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- October 7 2026
Brokers warn India’s distribution reform plan risks job cuts, sector disruption
Insurance Brokers Association of India seeks an extension to December for the deadline to submit industry feedback on the proposed overhaul.
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- October 7 2026
Australian broker Knightcorp adds Justin Geldart as financial lines account director
Perth-based Geldart joins with nearly three decades of insurance experience, last holding the position of client manager at Gallagher since January 2024.
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- October 7 2026
Ace Insurance Brokers hires Shashin Kowshik as senior vice president
He was formerly with Aon for over a decade, having also worked for Bajaj Allianz General Insurance for almost 10 years in various underwriting roles.
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- October 7 2026
Australia, New Zealand join UK, Canada to launch joint alliance to confront escalating shared risks
Insurance Council of Australia, Insurance Council of New Zealand, Association of British Insurers (ABI), and Insurance Bureau of Canada will seek to address climate, cyber, and economic risks, along with other problems faced by the four nations.
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- October 7 2026
‘Many don’t appreciate what can go wrong’: bloodstock insurance finds its footing in North Asia
MG Geraghty Insurance Brokers' Michael Hurley and Joshua Lynch tell InsuranceAsia News' Between the Lines podcast about the racing boom in Hong Kong, Japan, and South Korea, the risks facing first-time owners, and where AI fits into the broker's future.
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- October 6 2026
Canopius to take over as Castle Insurance underwriter from QBE
Switch takes effect from December 1, with the Australian MGA retaining policy administration and claims handling.
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- October 6 2026
Meritz moving to sell 51% stake in Indonesian JV: report
Meritz Fire & Marine Insurance plans to reallocate proceeds from the sale of Meritz Korindo, its joint venture with South Korean-Indonesian multinational firm Korindo Group, to improve capital efficiency and boost corporate value.
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- October 6 2026
Tower raises full-year earnings guidance on unused large event allowance
Kiwi insurer expects underlying net profit after tax (NPAT) of US$38.7-44.2 million for FY26.
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- October 6 2026
Adnan Bhat joins Swiss Re CorSo as APAC global network manager
He joins the international programs team after almost six years at Munich Re’s India P&C division in Mumbai.
