Country: Asia Page 34 / 455
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- August 28 2025
Perils expands real-time insurance industry loss forecasts to Japanese typhoons
Wind-Jeannie platform 'provides a welcome new perspective,' Perils' Japan representative Takashi Goda says.
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- August 28 2025
Peak Re reports 25.1% GWP growth to US$1bn H1 FY25
Reinsurer's revenue also grew by 36.8% to US$661 million compared to the first half of 2024, according to a stock exchange filing by parent company Fosun International.
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- August 28 2025
‘We don’t need to wait’: Taiping Re eyes wider ILS program after debut cat bond
Hong Kong reinsurer considers other ILS products, such as sidecars, which meet its business and retro strategies, ILS specialists Jeffrey Li and Aaron Lin tell InsuranceAsia News.
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- August 27 2025
Sompo to acquire Aspen for US$3.5bn
Japanese insurer will pay a 35.6% premium for NYSE-listed Aspen shares in the all-cash deal.
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- August 27 2025
PICC P&C underwriting profit surges 45% to US$2bn on motor, property gains
China's large non-life carrier posted a combined ratio of 94.8%, a 1.4 percentage point improvement.
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- August 27 2025
Hanoi flooding from Typhoon Kajiki expected to result in limited commercial claims
While the windstorm has caused significant damage, it did not hit the industrial areas, unlike Typhoon Yagi last year.
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- August 27 2025
South Korea’s non-life insurers’ H1 FY25 net income tumbles 19%
Drop driven by erosions in insurance income, underscoring pressure from rising claims costs across major lines.
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- August 27 2025
Analytics: Lloyd’s Asia surpasses US$1bn GWP milestone in 2024 amid double-digit growth
Offshore fund demonstrates strong performance despite challenges in the Singapore unit and varied underwriting results across business lines.
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- August 26 2025
Ping An P&C H1 topline up 7%, COR down to 95.2%
Chinese carrier’s premium income increased US$23.6bn.
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- August 26 2025
Zurich Malaysia promotes Yuan Feng Hoo to chief pricing actuary
Hoo, who has also been handed head of technical excellence role, has previously held multiple P&C leadership positions with the insurer.
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- August 26 2025
Aon Re hands Lin Mun Lee client manager role in Malaysia
She previously spent almost a decade with Aon reinsurance Malaysia as a treaty broker.
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- August 26 2025
QBE taps veteran Stephen Geisler to succeed Ronak Shah as South Asia CEO
Marsh's Ross Bethell has also been appointed as head of partnerships for Asia, with both set to report to QBE Asia CEO Rob Kosova.
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- August 25 2025
Korea’s Lotte Insurance in regulatory crosshairs: reports
Regulator highlights the PE-backed insurer’s failure to manage liquidity risks, declining K-ICS ratio, poor management performance evaluations and investment performance.
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- August 25 2025
Vietnam braces for Typhoon Kajiki, but losses set to be less than Yagi
PVI Insurance chairman Duong Thanh Danh says the typhoon is forecast to hit areas that are less industrialised than those affected by Typhoon Yagi last year.
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- August 25 2025
Sunshine P&C’s H1 COR improves to 98.8%; underwriting profit up 42%
Beijing-headquartered insurer's GWP was US$3.5bn, up 2.5% year-on-year, as non-motor lines posted strong growth.
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- August 25 2025
Amid breakout year, Willis supercharges Japan team as broker eyes a bigger piece of the pie
Head of Japan Roy Nakazawa tells InsuranceNews Asia about hiring 22 professionals this year across risk and analytics, facultative reinsurance, marine lines as well as business development, large accounts and claims functions.
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- August 25 2025
Aon promotes Richard Tan to chief commercial officer for Singapore
Tan has been at Aon for almost seven years and was most recently head of growth and DAU for the Lion City.
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- August 23 2025
Axa XL India hires Bipin Titus as senior underwriter
Titus joins AXA XL India after a decade at ICICI Lombard.
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- August 22 2025
Japan to create new insurance regulator to strengthen oversight: reports
Financial Services Agency will be reorganised to create a separate Asset Management and Insurance Supervision Bureau in FY26, local media reports say.
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- August 22 2025
Regina Wiedmann promoted to Zurich Insurance’s CFO for Japan P&C
Wiedmann has relocated from her previous role with Zurich in Singapore to Tokyo following the appointment.