Country: Asia Page 2 / 421
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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.
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- August 11 2025
Aon names Murali Raj as complex property claims advocate for Asia
Singapore-based Raj joins from WTW, where he spent more than 13 years in senior claims leadership roles.
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- August 11 2025
State Bank of India mulls listing general insurance arm: reports
State-owned lender is planning to IPO SBI General Insurance and SBI Mutual Fund, chairman says.
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- August 11 2025
Swiss Re CorSo’s Preeti Sawalani swaps London for Singapore role
Sawalani returns to the city to lead the customer and distribution strategy in Southeast Asia.
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- August 11 2025
Hong Kong goes up the gears, hands Chinese carmaker SAIC regulatory approval for captive
Second authorisation of its kind in 2025, reflecting signs of momentum building to develop Hong Kong into a captive domicile, regulator says.
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- August 11 2025
Willis hires Brian Fung as associate director for greater China M&A
Hong Kong-based Fung joins after four years at Aon.
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- August 11 2025
MS&AD Holdings’ Q1 profit up 19% to US$1.6bn
The Tokyo-headquartered giant reported strong overseas topline growth, domestic business reports no nat cat losses.
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- August 11 2025
MSC Elsa 3 owner seeks to cap liability as Indian state government files US$1bn suit
The lawsuit by the owner of the container ship that sank off the India coast seeks to limit the amount of potential claims to US$14.2m citing the large number of claims already filed.
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- August 8 2025
Bridge Specialty hires Price Forbes’ Abhishek Chhajer as Asia chief executive
Brown & Brown-owned broking group has two brokers in the region, Singapore-based Acorn and Hong Kong-based Capstone.
