Country: Asia Page 2 / 418
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- July 24 2025
India appoints former finance secretary Ajay Seth as IRDAI chairman
The all-important regulatory post has been lying vacant for over four months, after the tenure of the previous chairman Debasish Panda ended in March.
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- July 24 2025
Specialty broker Consilium opens Singapore office, appoints Descartes’ Rob Drysdale as CEO
Cedent fac specilaist will initially focus on property, power and energy in the region.
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- July 24 2025
Asia insurance rates drop 5% in Q2 2025, sixth straight quarter of decline: Marsh
Property rates down 5%, while casualty placements saw a 2% decline, and finpro and cyber rates fell by 7%, according to the broker's Global Insurance Market Index.
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- July 24 2025
Allianz Partners hires senior underwriter from Allied World
Hong Kong-based Juan Ibarra Santos has joined Allianz group's affinity and assistance business as a senior group underwriter.
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- July 24 2025
India’s state banks looking to unlock value from insurance ventures: report
In a review meeting last month, several banks shared their disinvestment plans with the finance ministry.
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- July 24 2025
Asia’s asset-intensive reinsurance outlook remains ‘bullish’: Gallagher Re’s Jeffrey Seow
Head of life and health in the region tells InsuranceAsia News that capital markets volatility will drive deal flow.
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- July 23 2025
Allianz Commercial India branch will transfer to new Jio JV as fac desk
Treaty operations will be managed by Allianz Reinsurance, the company told InsuranceAsia News.
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- July 23 2025
Japan P&I Club posts 69.2% combined ratio in FY24
Club said its financial year, which ended March 2025 was characterised by a 'noticeable increase in large claims' such as the Baltimore Bridge collapse.
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- July 23 2025
Deadly Ha Long Bay boat capsize insurance payouts to top US$500,000: reports
At least 37 people died after the Wonder Seas capsized during bad weather in Vietnam on Saturday.
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- July 23 2025
UIB India hires Sunil Sharma from Policybazaar as assistant vice president
Sharma’s appointment is to strengthen UIB’s India operations, with a focus on Delhi region.
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- July 23 2025
Lockton India continues transactional lines build out, appoints Pankti Doshi as VP
Mumbai-based Doshi was previously an assistant vice president at asset management group Blackstone.
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- July 23 2025
Zurich takes Swiss Re’s Michael Szwajda as Singapore broker relationship lead
He will focus on deepening broker and customer relationships and driving growth for the insurer's commercial insurance portfolio, including Zurich Resilience Solutions opportunities.
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- July 22 2025
Aon India hires Vikas Pareek as head of transaction solutions
Mumbai-based Pareek has expertise in transaction structuring, cross-border deals and regulatory strategy.
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- July 22 2025
Lloyd’s carriers launch Asia cyber pool
New consortium backed by Antares, Munich Re Specialty, Newline and Tokio Marine Kiln offers up to US$20m XoL capacity.
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- July 22 2025
South Korea flood motor claims rise to US$22m: report
At least 17 people died in floods and landslides caused by the torrential rain, which started last week and intensified over the weekend.
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- July 22 2025
Search for new IRDAI head hits roadblock: report
Top candidates for the role of chairman of the Insurance Regulatory and Development Authority of India (IRDAI) are reported to be unwilling to relocate to Hyderabad.
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- July 22 2025
Indian startup Kiwi General Insurance appoints Saurav Jaiswal as CEO
General insurer was founded by private equity firm WestBridge Capital and former Tata AIG CEO Neelesh Garg.
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- July 22 2025
‘In a more global fashion’: MSIG Specialty Marine targets Asia P&I growth, Singapore underwriting launch
CEO Tom Oostra tells InsuranceAsia News' Between The Lines podcast that the region is getting stronger and stronger and is becoming a more important part of the global market despite a range of challenges facing the marine industry.
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- July 21 2025
PVI Insurance’s H1 FY25 pre-tax profit tops US$25.8m, representing 41% increase
Original insurance premium revenue for the first half of the year exceeded US$305.8m.
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- July 21 2025
Vietnamese (re)insurers brace for Typhoon Wipha, Hong Kong facing US$255m bill
Heavy rainfall and strong winds are expected across northern Vietnam, posing risks of flooding and damage, particularly in coastal areas.
