Country: Asia Page 18 / 429
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- June 30 2025
Willis taps Marsh’s Daphne Duan to lead Asia SRC practice
Singapore-based Duan previously headed the reserving teams at AXA Partners and Argo Group in London.
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- June 30 2025
Generali confirms JV with Central Bank of India
Indian state-owned bank will hold a 26% stake in the local insurance JV with the Italian insurer holding the rest.
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- June 27 2025
Japanese general insurers’ FY24 COR improves by 0.9 percentage points to 96%: GIAJ
Net written premium rose 4.9% to US$66.5bn while underwriting profit fell 28.6% to US$874.4m, according to a report of General Insurance Association of Japan, covering 31 member companies.
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- June 26 2025
Bridge Specialty taps Chan Hon Kian as head of trade risk for Singapore’s Acorn International Network
Chan brings over 18 years of experience in credit insurance, having worked for Howden Insurance Brokers, Lockton and Aon.
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- June 26 2025
Indian government to reduce stake in GIC Re, New India Assurance: report
Government will divest a 5% stake in New India Assurance Company and 3.5% stake in GIC Re in FY26 to ensure compliance with the minimum public shareholding norms.
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- June 26 2025
Markel continues APAC build out with dedicated casualty underwriter in Singapore
Lloyd's carrier hires Allied World's Collin Sim, who previously spent 17 years at Gen Re.
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- June 26 2025
FWD Group starts bookbuilding for US$442m Hong Kong IPO
Hong Kong-based insurer, backed by billionaire Richard Li, is set to list on the main board on July 7.
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- June 25 2025
Miller hires Martin Dimas as head of Indonesia desk
Dimas will be based in Singapore, leading the growth of the Indonesian reinsurance business across all lines.
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- June 25 2025
Howden snaps up ex-BMS duo to launch Japan M&A practice
Tim Hewitt, who will head the new division, and Kaori Iwai join the global broker following BMS'exit from the country earlier this year.
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- June 25 2025
Everest Insurance launches Korea desk, led by Brian Jee
Singapore-based Jee joined Everest two years ago from Chubb as a senior underwriter.
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- June 25 2025
Tokio Marine seeks ‘geographic diversity’, eyes US P&C expansion amid global acquisition push: report
New CEO Masahiro Koike says 'if there are good opportunities, we want to grab them'.
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- June 24 2025
Hong Kong’s Nova announces senior leadership changes as MD Patrick Chan retires
Rebecca Au will take over as managing director, while Conrad Wong and Joseph Lee have been named chief commercial officers.
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- June 24 2025
Aon bolsters natural resources team with director hire
Singapore-based Jocelyn Liu has spent over 17 years in the role of a regional senior underwriter at Starr.
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- June 24 2025
Sompo names Alasdair Walker Hong Kong CEO as Li Sheung Kin set to retire
Walker will be responsible for driving Hong Kong’s profitability and capabilities as a key commercial business hub in Asia Pacific, reporting into regional insurance CEO Kenneth Reilly.
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- June 24 2025
Allianz’s capital reduction plan stymied Income deal, says MAS
Singapore government struggled to reconcile the proposal with Income's representations when it carried over US$1.5bn in surplus during corporatisation.
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- June 24 2025
Korean insurers to face capitalisation pressure due to falling interest rates, tighter norms: Fitch Ratings
Ongoing volatility in investment returns amid financial market uncertainty could challenge the overall stability of insurers’ profitability, according to the global rating agency.
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- June 24 2025
Warburg Pincus in talks to divest 10% stake in India’s SBI General: report
Private equity firm is in discussions with other shareholders Premji Invest and State Bank of India for a deal that could value the general insurer at US$4.5bn.
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- June 23 2025
Zurich Kotak launches commercial insurance division
The carrier will expand into commercial property, liability, marine, and engineering, covering a range of businesses from SMEs to large corporates.
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- June 23 2025
Price Forbes appoints Suvimol Sathanart as Asia property chief
Singapore-based Sathanart, who joins from Direct Asia, will report to chief broking officer Julian Coates.
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- June 23 2025
Fitch upgrades outlook for Sinar Mas to positive on improved capitalisation, profitability
Global rating agency revises the Jakarta-based insurer’s financial strength rating outlook to positive from stable, and affirmed an AA+(idn) rating.
