Country: Asia Page 4 / 481
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- September 6 2026
Seadrif wires second US$1.14m to Laos, WFP as heavy rains continue
Second payment lifts total parametric disbursements to US$2.278m in less than a week under a two-year sovereign policy that provides up to US$16m in multi-peril protection.
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- September 4 2026
Hana Financial weighs US$148m capital injection for insurance unit amid saturated domestic market: reports
If completed, Hana Insurance will have raised around US$370m in new capital within a year.
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- September 4 2026
Chubb names Samsung Fire veteran Il-Pyung Kim South Korea CEO
Outgoing CEO Janice Mo will step into the role of head of commercial P&C for South Korea.
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- September 4 2026
AM Best affirms Peak Re’s A- ratings, cites robust balance sheet and disciplined strategy
Reported capital and surplus grew by 17% to US$1.7bn in 2025, supported by a retention of underwriting and investment profits.
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- September 4 2026
Toa Re net profit reaches higest level on improved underwriting, lower catastrophe losses: AM Best
Ratings agency affirms a financial strength rating of A (excellent), and a the long-term issuer credit ratings of a+ (excellent), with a stable outlook.
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- September 4 2026
AM Best downgrades Himalayan Re amid CEO arrest, fraud investigation
Rating agency downgrades Neaplese reinsurer's ratings to B (Fair) and places them under review with negative implications.
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- September 4 2026
PARIMA’s Singapore conference to shine a light on ‘the new risk order’
Two-day event returns to Singapore, beginning with a one-day masterclass on October 14, followed by the conference on October 15.
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- September 3 2026
Sompo names Hairolnizam Sapian as APAC partnership development, management head
Kuala Lumpur-based Sapian will be responsible for advancing Sompo Asia's consumer growth agenda through the development and management of strategic partnerships across the region.
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- September 3 2026
Samsung Fire & Marine prepares to take control of Canopius: report
Samsung's P&C insurer is nearing a deal to lift its stake in the specialty Lloyd’s (re)insurer to more than 90%, according to reports.
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- September 3 2026
Taiwan’s non-life insurers hold steady amid regulatory overhaul: AM Best
Ratings agency maintains a stable outlook for the segment, reflecting the implementation of major regulatory frameworks, insurers' conservative asset allocation, and resilient balance sheets.
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- September 3 2026
Marsh promotes Rama Sentousa to Singapore COO
He was most recently COO of Marsh Risk Singapore,
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- September 2 2026
Axa XL Re taps ex-Scor CUO Augustin Gas as Asia head
Singapore-based Gas will oversee client and broker relationships across Asia and manage the carrier’s regional book.
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- September 2 2026
Peak Re hires Natt Wattanaumphaipong as global head of distribution, Sanjiv Agarwal as head of operations
Wattanaumphaipong joins from Great American Insurance in Singapore, while Agarwal moves after a decade at Swiss Re.
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- September 2 2026
Nepal flood claims top US$170m as death toll surpasses 1,100
Oriental Insurance receives the highest claim volume, while engineering and construction risk policies have taken the hardest hit.
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- September 2 2026
Coface promotes Jason Tan to head of commercial for Malaysia
Kuala Lumpur-based Tan joined Coface almost six years ago, and was most recently managing commercial operations and marketing for Malaysia, Indonesia and the Philippines.
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- September 2 2026
PICC P&C terminates PIB brokerage pact, shifts mandate to ZSIB
Move comes as PICC Group plans to exit the wholly-owned intermediary in third-party sale.
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- September 2 2026
Thai government approves new US$465m insurance facility: report
New facility follows the flooding in Thailand's northern and southern regions, and the Bangkok earthquake in March last year.
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- September 2 2026
Zurich bolsters APAC commercial leadership with key hires in Singapore
Patrick Fyson joins as head of property for Asia, while Dylan Bryant returns to a newly created role leading the carrier's multinational and captives business across Asia Pacific.
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- September 2 2026
Generali Central Insurance appoints Prem Sivadas as chief commercial officer
Mumbai-based Sivadas will lead the corporate sales function, with a focus on strengthening broker partnerships and expanding corporate portfolios, including Generali Corporate and Commercial.
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- September 1 2026
Seadrif triggers US$1.14m parametric payout for Laos floods
Insurer disburses US$1m to the government under its US$8m annual coverage and US$137,500 to the UN's World Food Programme under its US$1.1m policy.
