Country: Asia Page 3 / 428
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- September 26 2025
Addressing protection gap requires collaborative effort, says HKIA’s Stephen Yiu
Unleashing social values of insurance to narrow the protection gap and deepening financial inclusion is essential for stable market growth, he said addressing an HKCIB conference.
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- September 26 2025
Aon India names Harpreet Sidhu head of financial services and professions
Sidhu was co-heading this unit since 2016, with stints across multiple verticals serving large, complex and institutional clients.
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- September 25 2025
IRDAI’s new chief calls for lower broker commissions: report
India’s insurance regulator is weighing a shift in commission governance, urging insurers to adopt a tiered expense framework similar to mutual funds amid rising scrutiny over distribution costs and their impact on policyholder premiums, media reports said.
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- September 25 2025
Vietnam’s PVI Insurance raises charter capital to US$163m
The additional capital reinforces financial foundation, enhances risk management capacity and enables greater support for large-scale national and international projects, the insurer says.
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- September 25 2025
Lockton snaps up Willis’ Terence Montgomery as APAC head of transaction liability
Singapore-based Montgomery was the Asia Pacific practice leader for M&A at Willis since June 2018.
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- September 25 2025
Aon India names Manoj Kumar head of sales and growth for commercial risk and health solutions
Mumbai-based Kumar was most recently head of specialty products for the global broker.
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- September 24 2025
KDIC aims to recover US$740m through SGI Seoul Guarantee stake sale: report
South Korean deposit insurer has begun offloading a 33.85% stake to recoup public funds injected during the Asian financial crisis.
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- September 24 2025
Nepal’s ‘Gen Z riot’ losses impose financial strain on (re)insurers: AM Best
Outsized proportion of losses, reported to be over US$177m, could impact earnings and capital of the market, which has a combined GWP of US$317m.
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- September 24 2025
Marsh Asia appoints Dale Williams as corporate and commercial leader
Singapore-based Williams was most recently commercial leader at Mercer Asia.
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- September 23 2025
Marsh appoints Youn Wook (Cleo) Kang as senior client adviser for Asian power, energy specialty
Seoul-based Kang is a seasoned legal professional with deep experience in large-scale energy projects, project finance, and offshore wind, according to Benjamin Chang, Marsh's managing director and energy and power leader for Asia.
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- September 23 2025
Super Typhoon Ragasa: Hong Kong insurance industry braces for world’s strongest storm in 2025
Tens of millions of people could be impacted as the storm passes south of the major centres of Hong Kong, Macau, Shenzhen and Guangzhou.
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- September 23 2025
Everest Re launches in India, opens Gift City office
Everest Re joins the growing list of reinsurers opening offices in India's special economic zone.
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- September 23 2025
Taiping Re to benefit from profitable non-life vertical, new capital sources: AM Best
AM Best affirms its A (excellent) rating for the reinsurer and its wholly owned subsidiary, Taiping Reinsurance (China), with a stable outlook.
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- September 22 2025
India’s Edme charts global expansion with Dubai, Singapore, London play: report
PE-backed broker is sharpening focus on specialty lines and digital infrastructure, and is readying for an IPO within five years.
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- September 22 2025
China’s P&C underwriting profit tops US$3.7bn, ceded premium surpasses US$14bn in H1 FY25
For the first time, more than half of the insurers reported profitable underwriting, according China Re P&C.
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- September 22 2025
Singapore Re to demonstrate favourable underwriting, operating performance: AM Best
Outlook revised from stable to positive, while a financial strength rating of A (excellent) and a long-term issuer credit rating of a (excellent) were affirmed.
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- September 22 2025
Allianz Trade moves into Vietnam with country manager hire
Trade credit insurer hires Ly Dao from WTW to spearhead its expansion.
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- September 22 2025
Super Typhoon Ragasa: Hong Kong facing US$100m bill: report
Region is battening down for the typhoon, which is expected to bring hurricane-force winds of up to 220km/h and is projected to make landfall in southeast China on Wednesday.
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- September 19 2025
Lotte Insurance sees takeover interest from Korea Investment Holdings: reports
Listed insurer backed by JKL Partners had attempted a sale last year, but negotiations fell through due to price gaps with potential buyers.
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- September 19 2025
Long term, profitable lines to sustain Samsung Fire & Marine’s underwriting profitability: AM Best
Global rating agency affirms a financial strength rating (FSR) of A++ (Superior) and the long-term issuer credit ratings (ICR) of aa+ (Superior) to Samsung Fire & Marine and its subsidiaries.
