Country: Asia Page 17 / 436
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- August 19 2025
Asia’s revitalised art market attracts new capacity as demand for tailored cover grows
Fion Ko, associate director of fine art and specie for Asia at Willis, tells InsuranceAsia News' Between The Lines podcast that an increasing demand for digital art is posing challenges as the market finds ways to cover the emerging risks.
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- August 18 2025
HDI Global appoints Mani Tsang as claims manager in Hong Kong
Tsang joins the commercial and specialty lines insurer from Axa XL, where she was the senior claims specialist since April 2022.
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- August 18 2025
Filipino carriers FPG Insurance and Mercantile Insurance to merge
Combined entity, FPG Mercantile, expects to become a top-four player in the Philippine non-life market, with US$175 million in GWP.
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- August 18 2025
Howden Re names Candy Wong as head of Hong Kong treaty
Veteran Hong Kong reinsurance broker joins from Guy Carpenter.
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- August 16 2025
Merger of 3 Indonesian reinsurers could hurt local insurers: Fitch
Proposed consolidation of Indonesia Re, Nasional Re and Tugure is intended to streamline the state sector.
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- August 15 2025
Li Choo Kwek-Perroy returns to Great Eastern as MD
She will lead teams responsible for customer segments and experience, product development, digital platforms, brand, marketing and communications.
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- August 15 2025
DB Insurance profits hit by rising nat cat claims, rate cuts
South Korean insurer's underwriting profit fell sharply in the first half as losses mounted from natural disasters.
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- August 15 2025
Regulatory shifts drag down Lotte Insurance H1 2025 profits
Insurance operating profit for the half stood at KRW21.6 billion, reflecting the direct impact of these regulatory changes in the first quarter.
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- August 15 2025
Insurer warns of jumbo problems amid bulk cargo concerns at Asian ports
Ian Barr, chief claims officer at The London P&I Club, addresses the issue of flexible intermediate bulk containers, with particular problems noted in loading at some Chinese ports.
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- August 15 2025
Vesttoo creditors launch lawsuit against Aon, CCB for fraudulent conduct
The complaint alleged Aon’s IP-linked product's transactions were the primary cause of Vesttoo’s downfall, while it also sought damage from CCB for forgery of letters of credit.
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- August 14 2025
Bridge Specialty reshuffles Asia leadership with David Ong elevated to Acorn chairman
Abhishek Chhajer takes over as Acorn International Network CEO, as first reported by InsuranceAsia News.
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- August 14 2025
Sompo’s Q1 P&C profit up 37% on strong domestic performance
Japan unit reports 96.1% COR, a 7.2 percentage points improvement from 103.3% a year ago on strong fire and motor results.
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- August 14 2025
India’s Zurich Kotak hires Sukesh Shetty as COO
Mumbai-based Shetty joins the firm following 15 years at SBI General Insurance, most recently as COO.
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- August 14 2025
Hyundai Marine & Fire’s H1 profit falls 46% due to lack of previous year’s windfall
South Korean insurer’s profit plunged as underwriting losses mounted, despite stronger investment returns.
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- August 14 2025
Crawford eyes India, China potential amid regional consolidation drive: Scott Reichelt
Asia president also tells InsuranceAsia News about the appointment of Tony Chapman as head of global technical services in Asia, the importance of training younger talent, and new nat cat trend events in unexpected locations.
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- August 13 2025
Samsung Fire & Marine’s H1 insurance profit down 16% at US$730m
South Korea’s largest carrier’s insurance revenue was up 9.4% to US$6.7bn, while reinsurance revenue increased by 89% to US$363m.
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- August 13 2025
Aon’s reinsurance solutions promotes Jocelyn Po to Philippines head
Po has been at Aon's reinsurance solutions for almost 12 years.
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- August 12 2025
Lockton India appoints Darshan Parikh as senior director to corporate solutions group
Mumbai-based Parikh joins the broker following seven years at Marsh, and will be responsible for driving growth and expansion within the marine, aviation, and space practices.
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- August 12 2025
Chinese lessor Avmax secures US$29m from Liberty-led insurers for planes lost in Russia
Company had leasing contracts with Russian carriers for three Dash 8 turboprop regional airliners, which are now irretrievable due to sanctions.
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- August 11 2025
Howden brings on board Shipowners’ Hari Subramaniam in Asia marine leadership role
Singapore-based Subramaniam has been appointed chief commercial officer for marine, cargo and logistics Asia.
