Country: Asia Page 20 / 471
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- March 26 2026
‘Exciting times’ for Indian market as capacity influx drives steep softening at 1.4 renewals
Status as a magnet for global reinsurance capacity is driving significant rate reductions despite the ongoing conflict in the Middle East, according to brokers.
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- March 25 2026
Exclusive: Lloyd’s secures Gift City reinsurance licence
Lloyd’s was awarded a licence by Gift City regulator, the International Financial Services Centre Authority on Tuesday, as first reported by InsuranceAsia News.
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- March 25 2026
Hong Kong’s proposed RBC amendments credit positive, AM Best says
Adjustments could encourage domestic insurers with robust underwriting capabilities or strong parental backing to explore overseas growth opportunities.
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- March 25 2026
China P&I Club posts record renewal for 2026 policy year
Vessels include MV Adora Magic City, China’s first domestically built large cruise ship.
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- March 25 2026
Singapore’s domestic general GWP grows 8.4% to US$4.8bn
Despite a higher claim environment, domestic underwriting profit rose 32% year-on-year to US$226m in 2025.
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- March 25 2026
Malaysia’s Pacific Insurance appoints Florence Chang as CEO
She was previously country head of brokers management and head of commercial insurance at Zurich Malaysia.
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- March 24 2026
India-focused reinsurer Niyam secures Lloyd’s approval for Syndicate 2047
Former GIC Re chairman Devesh Srivastava has been appointed chairman as Niyam will begin underwriting from April 1.
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- March 24 2026
Mosaic to close Singapore office, service Asia from Dubai
Singapore CEO Benn Wilson will relocate to Dubai as part of the carrier's exit from the Lloyd's Asia platform.
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- March 24 2026
Swiss Re’s Victor Kuk to succeed Franz-Josef Hahn as Peak Re CEO
Co-founder Hahn will assume the position of special adviser, continuing to provide strategic oversight until October 9.
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- March 24 2026
Zhang Daoming to become PICC president: report
He has been the temporary responsible officer of the People’s Insurance Company of China (PICC) since December following Yu Ze's resignation in December.
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- March 24 2026
Markel launches W&I offering in Asia with key hires in Hong Kong, India
Lloyd's carrier hires Aon's Siddick Khan as a senior W&I underwriter in Hong Kong and Shubhi Nigam as an underwriter in India.
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- March 23 2026
Berkshire Hathaway to pick up 2.5% of Tokio Marine for US$1.8bn, agree quota share deal
Wide-ranging strategic partnership between National Indemnity Company (Nico) and Tokio Marine, will also include a strategic collaboration in M&A.
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- March 23 2026
Willis partners with Circles for fine art facility with lower premium threshold
Offered across Hong Kong, Singapore and Thailand, it can cover art assets of up to US$230,000 for private collectors.
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- March 23 2026
Insurers prevail in Singapore’s top court over US$56m oil rig claim
ArgoGlobal, China Taiping, Great American, MS First Capital and QBE successfully appealed against a Singapore High Court decision in favour of OCBC Bank.
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- March 23 2026
Berkley Insurance Asia names Kenneth Cheong as new head of marine
He replaces Ju-An Lee, who is shifting to the newly created role of senior advisory and talent development leader.
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- March 23 2026
‘Promising’ outlook as Japan’s P&C insurers reap benefits from diversification
Japan's non-life carriers are profiting from share sales, higher investment income, light natural catastrophe losses, and diversification of their revenues abroad.
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- March 20 2026
Hana Financial, Korea Investment, JC Flowers finish due diligence on Yebyeol Insurance ahead of main bid
Korea Deposit Insurance Corporation will review the management plans submitted by the three candidates before choosing a preferred negotiating party.
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- March 20 2026
HDI Global adds senior underwriting trio to Singapore team
HDI Global has prioritised the growth of its energy, marine and property businesses in Southeast Asia.
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- March 20 2026
AM Best upgrades Hanoi Re’s long-term issuer credit rating to bbb+, affirms PVI Insurance’s a-
Hanoi Re and PVI Insurance are subsidiaries of PVI Holdings, which is partially owned by HDI Global SE.
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- March 20 2026
India weighs US$107.5m war risk pool for Strait of Hormuz shipments: report
Facility would be feasible only after the route through the Strait of Hormuz opens up, a government official told the Economic Times.
