Country: Asia Page 22 / 440
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- August 7 2025
K-Sure provides US$350m guarantee for purchase of 6 Korean tankers by US shipping firm: report
Support includes US$300m buyer credit guarantee for International Seaways and a US$50m refund guarantee for K Shipbuilding.
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- August 6 2025
Heavy rain, floods, landslides leave insurers counting losses across Hong Kong, China, India
Torrential rain this week caused substantial damage and disruptions.
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- August 5 2025
UIB International exits India JV with sale to Edme Services
Sale of minority shareholding in UIB India follows a strategic review by the international broker.
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- August 5 2025
Beijing flood losses to be ‘substantial’ as region braces for more rain
Insurers have received 65,000 reports of losses following last month's extreme rain, with an estimated insured loss of US$277m, according to regulatory data.
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- August 4 2025
Aon appoints Mandy Phan as head of production, Asia
Phan, who joins from Miller, will lead production strategy, portfolio management and underwriting engagement across Asia, partnering with the broker's commercial and reinsurance teams.
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- August 4 2025
Howden ropes in Marsh’s Raymond Law to spearhead Hong Kong construction strategy
Law joins the broker as sales director will help shape construction practice in the SAR as it officially launches.
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- August 4 2025
Sompo unveils investment hub to drive ‘agile, dynamic’ growth investments
New business development hub will target investment opportunities mainly in Japan and promote and manage the insurer’s venture capital investments.
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- August 4 2025
Aon taps Tata AIG’s Sushant Sarin for senior strategy role
Sarin will oversee Aon's commercial risk strategy and execution in India.
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- August 4 2025
Willis appoints Azad Kumar as energy, construction, marine growth leader in India
Mumbai-based Kumar joins the broker from UIB Insurance Brokers, where he was head of energy.
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- August 4 2025
Mitigation key to tackling Asia’s emerging supply chain, battery, data centre risks: FM’s Martin Au-Yeung
Vice president and client service manager for North Asia also tells InsuranceAsia News' Between The Lines podcast that given the region’s diversity and lack of data, keeping a lid on the cost of risk is a balancing act.
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- August 1 2025
‘A significant milestone’ as Aon completes amalgamation of India broking businesses
Broker secures final regulatory approval to combine its broking business in India into a consolidated entity.
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- August 1 2025
Hanoi Re posts 94.8% COR in H1 FY25
Total revenue also reached 127% of its mid-year target after reaching US$70.1m.
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- August 1 2025
Allianz Commercial Japan hires Munich Re’s Brian Jinzenji as representative director and president
Insurer also promotes Yuichiro Funabashi to representative director and executive vice president for Japan.
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- August 1 2025
Justin Lim joins Munich Re’s Singapore engineering team as senior underwriter
He joins the German reinsurer from HDI Global SE.
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- August 1 2025
Opinion: After Russia earthquake scare, is Japan’s resurgent nuclear industry really prepared for the ‘Big One’?
8.8-magnitude earthquake which struck off Russia's far eastern coast on Wednesday triggered tsunami warnings across Japan and the wider Pacific region.
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- July 31 2025
Perils expands SCS coverage to Japan, New Zealand
New service will capture SCS industry losses above JPY100bn and NZD300m as of August 1.
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- July 31 2025
Tysers appoints Desmond Cheok as associate director for P&C in Singapore
Cheok previously worked at Sompo International as APAC casualty underwriting leader.
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- July 31 2025
Descartes elevates Ben Qin as APAC head
Parametric specialist MGA also promotes WeeBeng Seow as acting head of Southeast Asia.
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- July 30 2025
Resolution Life enters flow reinsurance deal with Japan’s Taiju Life
Bermudian reinsurer has been growing its footprint in Asia Pacific's asset intensive reinsurance market
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- July 30 2025
Vietnam insurers poised for further growth despite climate, reinsurance pressures: AM Best
Ratings agency, while maintaining a stable outlook for the sector, said trade uncertainty and slower economies in key export markets could dampen commercial insurance demand.