Country: Asia Page 35 / 455
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- August 22 2025
Berkley names Kenneth Cheong as deputy head of marine for Asia
Singapore-based Cheong was most recently underwriting manager for marine cargo at HDI Global for nearly 12 years.
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- August 22 2025
Opinion: A bruising year lies ahead for APAC’s underwriters
Flush with capacity and brokers in control, the market is likely staring at an extended period of softening.
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- August 21 2025
MG Non-Life’s bridge insurer set for launch as labour union agrees to 55% employee retention: report
Yebyeol Non-life, the temporary insurer set up to manage the troubled carrier's insurance contracts, is likely to be launched next month following an agreement with the labour union.
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- August 21 2025
ZhongAn interim profit soars as underwriting gains, COR drops to 95.6%
The Chinese online insurer reported underwriting profit of US$90m, up 109% year-on-year.
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- August 20 2025
Axa France Vie withdraws India reinsurance branch licence
The French (re)insurance group's subsidiary in India, XL Insurance India reinsurance branch, led by Alok Shukla, will continue to operate in the market.
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- August 20 2025
Aspen shares rally in premarket trading on reports of Sompo merger talks
New York-listed Bermudian (re)insurer is reportedly seeing interest from the Japanese insurance group.
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- August 20 2025
Allianz Trade appoints Tetsushi Kitano as Thailand country manager
Kitano, with over 17 years at the trade credit insurer in Japan and Hong Kong, will continue to lead the Japan desk for Asean countries.
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- August 20 2025
Charles Taylor names Gordon Tennant as director for marine technical services in Asia
Singapore-based Tennant will report to global managing director for marine technical services, Phil Osmotherley.
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- August 19 2025
Great Eastern shares to resume trading on Singapore bourse on Thursday
Completion of a bonus issue, following OCBC's unsuccessful take-private offer, has increased public shareholding to 11.76% after more than a year of trading suspension.
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- August 19 2025
Philippines’ Q2 insurance penetration hits 1.79% as non-life premiums surge 20%
The Insurance Commission credited the improvement to faster premium growth, with the non-life NWP for the first half of the year reaching US$694m.
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- August 19 2025
Asia’s revitalised art market attracts new capacity as demand for tailored cover grows
Fion Ko, associate director of fine art and specie for Asia at Willis, tells InsuranceAsia News' Between The Lines podcast that an increasing demand for digital art is posing challenges as the market finds ways to cover the emerging risks.
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- August 18 2025
HDI Global appoints Mani Tsang as claims manager in Hong Kong
Tsang joins the commercial and specialty lines insurer from Axa XL, where she was the senior claims specialist since April 2022.
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- August 18 2025
Filipino carriers FPG Insurance, Mercantile Insurance to merge
Combined entity, FPG Mercantile, expects to become a top-four player in the Philippine non-life market, with US$175 million in GWP.
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- August 18 2025
Howden Re names Candy Wong as head of Hong Kong treaty
Veteran Hong Kong reinsurance broker joins from Guy Carpenter.
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- August 16 2025
Merger of 3 Indonesian reinsurers could hurt local insurers: Fitch
Proposed consolidation of Indonesia Re, Nasional Re and Tugure is intended to streamline the state sector.
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- August 15 2025
Li Choo Kwek-Perroy returns to Great Eastern as MD
She will lead teams responsible for customer segments and experience, product development, digital platforms, brand, marketing and communications.
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- August 15 2025
DB Insurance profits hit by rising nat cat claims, rate cuts
South Korean insurer's underwriting profit fell sharply in the first half as losses mounted from natural disasters.
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- August 15 2025
Regulatory shifts drag down Lotte Insurance H1 2025 profits
Insurance operating profit for the half stood at KRW21.6 billion, reflecting the direct impact of these regulatory changes in the first quarter.
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- August 15 2025
Insurer warns of jumbo problems amid bulk cargo concerns at Asian ports
Ian Barr, chief claims officer at The London P&I Club, addresses the issue of flexible intermediate bulk containers, with particular problems noted in loading at some Chinese ports.
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- August 15 2025
Vesttoo creditors launch lawsuit against Aon, CCB for fraudulent conduct
The complaint alleged Aon’s IP-linked product's transactions were the primary cause of Vesttoo’s downfall, while it also sought damage from CCB for forgery of letters of credit.
