Country: Asia Page 2 / 424
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- September 5 2025
Hong Kong’s Peak Re to maintain favourable underwriting profitability: AM Best
AM Best has affirmed a financial strength rating of A- (Excellent) and long-term issuer credit rating of a- (Excellent) to Peak Re and its subsidiaries, with a stable outlook.
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- September 5 2025
Exclusive: Howden snaps up 40-year Marsh veteran Rebecca Poon
Hong Kong-based Poon, who was managing director at Marsh, has been appointed chief client officer.
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- September 5 2025
Lloyd’s looks to drive regional penetration, but conditions have to be right: Patrick Tiernan
CEO says the markets should recognise the need for flexibility, which requires collaboration with governments and regulators to establish systems that boost insurance penetration.
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- September 4 2025
Aon promotes Qin Lu to head of North Asia, Andrew Minnitt to head of Southeast Asia
Pair will expand their current roles to lead the newly-created North Asia and Southeast Asia subregions.
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- September 4 2025
Allied World names Jolene Chua vice president for Asia A&H
Chua was previously employed at Sompo Insurance Singapore, where she held various roles for over five years.
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- September 4 2025
MG Non-Life’s bridge insurer starts operations
South Korean regulator transfers all insurance contracts and assets to Yebyeol Non-Life Insurance and all MG Non-Life Insurance operations have been suspended.
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- September 4 2025
Typhoon Wipha, flooding unlocks US$2m Seadrif parametric payout in Laos
Payout was made under the new sovereign parametric insurance policy issued by the Asian risk pool in May, which features an annual aggregate trigger.
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- September 3 2025
Chinese insurers surge ahead in global renewable premium race
People’s Insurance Company of China, Ping An Insurance, and Yingda Taihe Property Insurance added over US$200m in new renewable energy premiums between 2023 and 2024, according to Insure Our Future.
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- September 3 2025
Etiqa General Takaful promotes Khairoel Faiezy Hasnan to CEO
Kuala Lumpur-based Hasnan replaces Shahrul Azuan Mohamed, who has retired after 20 years with Etiqa.
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- September 3 2025
Tokio Marine launches green transition underwriting platform
Tokio Marine GX is a fully operational underwriting business offering up to US$500m of capacity on any single risk.
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- September 2 2025
India’s Zurich Kotak General Insurance hires Birendra Mohanty as chief business officer
Mohanty, who joins from ICICI Lombard General Insurance, will oversee bancassurance, financial institutions group, SME, institutional and government businesses.
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- September 2 2025
Gallagher India appoints Ishita Gogia as renewable energy lead
Gogia joins from WTW, where she spent over five years.
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- September 2 2025
QBE Malaysia appoints Soon Keong Tio as CEO, succeeding Sunther Kuppan
Tio was most recently chief executive of Cambodian carrier Campu Lonpac Insurance.
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- September 2 2025
Policybazaar for Business expands to UAE, Qatar, Oman, Sri Lanka
Indian reinsurance broker, which offer fac and treaty placements spanning property, marine, liability, cyber and climate-linked risks, seeks to build a pan-Asian and Middle Eastern reinsurance presence, as first reported by IAN.
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- September 2 2025
Asean trio top IUMI’s emerging ‘wish list’ ahead of Singapore conference
International Union of Marine Insurance (IUMI) secretary general Lars Lange also discusses addressing emerging risks from geopolitics, technology, and sustainability as the industry gathers for the annual conference.
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- September 1 2025
Willis hires Ameya Kane, Arjun Cherukunnathu to strengthen India finex team
Pune-based Kane and Bangalore-based Cherukunnathu named vice presidents.
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- September 1 2025
Howden names Vladimir Ljubisavljevic as divisional director for marine, cargo & logistics practice
Singapore-based Ljubisavljevic joins from NorthStandard, where he was the offshore and renewables underwriting director.
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- September 1 2025
BP Marsh-backed Pantheon acquires 25% stake in Hong Kong broking startup Fraction
PE firm made a complementary investment to support Pantheon's investment in the Dan Dibden-founded crypto specialist.
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- September 1 2025
China Re’s net profit up 11.4% in H1 FY25 even as P&C reinsurance hit by agri slowdown, overseas losses
P&C reinsurance segment, China Re’s largest unit, posted insurance revenue of CNY22.96 billion, down 2.2%, mainly due to weaker domestic agriculture premiums.
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- September 1 2025
MSIG Singapore appoints MSIG Specialty Marine as P&I underwriting agent
Marine specialist MGA will start underwriting P&I risk directly from Singapore from Monday, as first reported by IAN in July.
