Country: Asia Page 11 / 461
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- March 25 2026
Singapore’s domestic general GWP grows 8.4% to US$4.8bn
Despite a higher claim environment, domestic underwriting profit rose 32% year-on-year to US$226m in 2025.
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- March 25 2026
Malaysia’s Pacific Insurance appoints Florence Chang as CEO
She was previously country head of brokers management and head of commercial insurance at Zurich Malaysia.
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- March 24 2026
India-focused reinsurer Niyam secures Lloyd’s approval for Syndicate 2047
Former GIC Re chairman Devesh Srivastava has been appointed chairman as Niyam will begin underwriting from April 1.
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- March 24 2026
Mosaic to close Singapore office, service Asia from Dubai
Singapore CEO Benn Wilson will relocate to Dubai as part of the carrier's exit from the Lloyd's Asia platform.
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- March 24 2026
Swiss Re’s Victor Kuk to succeed Franz-Josef Hahn as Peak Re CEO
Co-founder Hahn will assume the position of special adviser, continuing to provide strategic oversight until October 9.
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- March 24 2026
Zhang Daoming to become PICC president: report
He has been the temporary responsible officer of the People’s Insurance Company of China (PICC) since December following Yu Ze's resignation in December.
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- March 24 2026
Markel launches W&I offering in Asia with key hires in Hong Kong, India
Lloyd's carrier hires Aon's Siddick Khan as a senior W&I underwriter in Hong Kong and Shubhi Nigam as an underwriter in India.
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- March 23 2026
Berkshire Hathaway to pick up 2.5% of Tokio Marine for US$1.8bn, agree quota share deal
Wide-ranging strategic partnership between National Indemnity Company (Nico) and Tokio Marine, will also include a strategic collaboration in M&A.
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- March 23 2026
Willis partners with Circles for fine art facility with lower premium threshold
Offered across Hong Kong, Singapore and Thailand, it can cover art assets of up to US$230,000 for private collectors.
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- March 23 2026
Insurers prevail in Singapore’s top court over US$56m oil rig claim
ArgoGlobal, China Taiping, Great American, MS First Capital and QBE successfully appealed against a Singapore High Court decision in favour of OCBC Bank.
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- March 23 2026
Berkley Insurance Asia names Kenneth Cheong as new head of marine
He replaces Ju-An Lee, who is shifting to the newly created role of senior advisory and talent development leader.
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- March 23 2026
‘Promising’ outlook as Japan’s P&C insurers reap benefits from diversification
Japan's non-life carriers are profiting from share sales, higher investment income, light natural catastrophe losses, and diversification of their revenues abroad.
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- March 20 2026
Hana Financial, Korea Investment, JC Flowers finish due diligence on Yebyeol Insurance ahead of main bid
Korea Deposit Insurance Corporation will review the management plans submitted by the three candidates before choosing a preferred negotiating party.
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- March 20 2026
HDI Global adds senior underwriting trio to Singapore team
HDI Global has prioritised the growth of its energy, marine and property businesses in Southeast Asia.
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- March 20 2026
AM Best upgrades Hanoi Re’s long-term issuer credit rating to bbb+, affirms PVI Insurance’s a-
Hanoi Re and PVI Insurance are subsidiaries of PVI Holdings, which is partially owned by HDI Global SE.
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- March 20 2026
India weighs US$107.5m war risk pool for Strait of Hormuz shipments: report
Facility would be feasible only after the route through the Strait of Hormuz opens up, a government official told the Economic Times.
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- March 19 2026
Swiss Re appoints Dinesh Kumar as senior casualty treaty underwriter
Singapore-based Kumar joins Swiss Re from Munich Re, where he spent six years.
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- March 19 2026
Sompo’s overseas profit to exceed 50% of total in FY26: Fitch
Insurer's relevant probable maximum losses from the Iran conflict will be limited, the rating agency said.
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- March 19 2026
Chinese insurer Sunshine grows GWP 17.4% to US$21.9bn in FY25
Hong Kong-listed Sunshine says it made 'steady and solid' progress, recording a net profit of US$918m.
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- March 19 2026
QBE launches transaction liability practice in Asia with Reuben Lee appointment
Singapore-based Lee, who joins from Willis, will focus on growth and risk management in the M&A insurance space.