Country: Asia Page 1 / 471
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- July 23 2026
Indonesia’s Asei downgraded to BB+ by Fitch on capital strain, loss pressures
Weak capitalisation, reserve adjustments and credit insurance risks weigh as insurer works on recovery plan.
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- July 23 2026
Asia insurance rates decline 5% in Q2, led by cyber: Marsh
Property insurance rates fell by 5%, while casualty insurance rates declined by 3% and cyber insurance rates decreased by 8%.
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- July 23 2026
AM Best maintains stable outlook for South Korea’s non-life insurance market
It is supported by sufficient capital resilience, recent regulatory actions, solid investment performance, and a strategic pivot among insurers toward profitability-focused measures.
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- July 23 2026
Blackstone teams up with ex-HDFC Ergo CEO Anuj Tyagi for India general insurance venture
Blackstone will own 90% of Nxsure General Insurance, while Tyagi will hold a 10% stake, according to local media.
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- July 23 2026
Coupang warehouse fire could trigger up to US$590m in insured losses: reports
Multi-day blaze at Korean e-commerce giant’s logistics hub this week puts DB Insurance and Meritz-led programs on the hook for potential large-scale claims
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- July 22 2026
Price Forbes Singapore appoints Craig McCoig-Lees as head of casualty MGA
McCoig-Lees, who joins from Howden Re, will be responsible for expanding Price Forbes Re’s MGA proposition.
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- July 22 2026
Niyam Group names Prathemesh Apte as director of risk and compliance
He joins the India-focused reinsurance start-up from Bajaj General Insurance.
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- July 22 2026
Allianz Commercial names Davinder Panesar as ART business development, underwriting leader for APAC
He will relocate to Singapore from Allianz Commercial in London, where he currently underwrites global captive fronting transactions.
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- July 22 2026
Allianz Trade promotes Daf Owen to Asia Pacific role to accelerate surety growth
Owen will relocate from Brisbane to Hong Kong and report to Chris Markesteijn, regional head of surety and guarantees for Asia Pacific.
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- July 22 2026
Mapfre Re India appoints Supreeth TK as non-life treaty underwriter at Gift City
He was most recently assistant vice president, focusing on cat and non-cat treaty at Swiss Re.
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- July 22 2026
Sompo to acquire Brazilian insurer Fator Seguradora
Fator Seguradora focuses on corporate insurance and business risk management solutions, with particular strength in property, surety, and financial lines.
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- July 21 2026
Howden bolsters Japan natural resources team with Junichiro Ito as new head
Tokyo-based Ito joins from GE Vernova, having previously spent over 17 years in underwriting roles with Tokio Marine across Singapore and Japan.
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- July 21 2026
Generali China underwriting improves, but run-off of CNPC-linked business could test growth: Fitch
P&C insurer’s GWP has grown 14% over the past five years, while its COR improved to 102% last year.
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- July 21 2026
Sompo names Claire Chin as APAC head of enterprise risk management and operations
She joins from AIG, where she has been head of risk for Southeast Asia and Malaysia since January 2017.
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- July 20 2026
Marsh Risk bolsters Asia marine team with trio appointment
Michael Walls, marine, cargo and logistics leader for Asia, confirms the appointments of Deborah Errappa, James Gargrave joining and Haroun Shadid.
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- July 20 2026
Aon appoints Joe Liang as executive chairman of reinsurance for greater China
He will be based in Hong Kong and report to Rupert Moore, CEO of Asia Pacific for reinsurance.
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- July 20 2026
Wang Fuk Court insurance rights to shift to administrator under government buyout: reports
Hop On Management Company would assume control of fire-hit estate’s all-risks policy as homeowners move to sell titles to the government.
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- July 20 2026
Marsh expands US$2.7bn data centre construction insurance facility to Asia
Addition of Asian projects to Nimbus follows expansion into Australia and New Zealand in January.
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- July 19 2026
Marsh Thailand promotes Warakan Suwannaard to country sales leader
Bangkok-based Suwannaard will drive growth across the broker's product lines.
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- July 17 2026
Allianz Jio Re wrote US$27.6m GWP in its first full quarter
JV between Allianz and India's Jio Financial Services was launched in March ahead of the 1.4 treaty renewals.
