Country: Asia Page 4 / 465
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- May 28 2026
‘Asia is an active strategic focus’: Fidelis aims to bulk up property treaty, specialty lines
The Fidelis Partnership is targeting greater proximity and deeper local broker relationships in a region it sees as being an 'attractive market for decades to come', deputy chairman Charles Mathias tells InsuranceAsia News.
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- May 27 2026
South Korean financial regulator approves Lotte’s management improvement plan: reports
Korean insurer must implement its plan for 18 months, with the Financial Services Commission and Financial Supervisory Service monitoring the progress.
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- May 27 2026
Deutsche Rück flags Myanmar earthquake as biggest loss in 2025 as profits jump 45%
German reinsurer posts strong premium growth and improved underwriting, with international expansion underpinning strong outlook.
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- May 26 2026
South Korea’s FTC raids 8 non-life insurers over suspected bid-rigging: report
- Industry associations
- South Korea
- DB Insurance
- Hanwha General Insurance
- KB Insurance
- Meritz Fire & Marine Insurance
- Samsung Fire & Marine
Fair Trade Commission conducted on-site investigations into suspected collusion in bids for corporate group accident insurance policies.
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- May 26 2026
Asia emerges as cyber growth frontier amid rising ransomware threats: CyberCube-UIB report
Vietnam recorded Asia’s fastest ransomware growth, while low cyber insurance uptake among SMEs and modest limits for large corporates point to major expansion opportunities, the report said.
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- May 26 2026
GIC Re’s FY26 underwriting loss narrows to US$224m, COR improves to 104.66%
Carrier’s net profit for the financial year rose by 30% to top US$1bn, with GWP up at US$4.6bn.
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- May 25 2026
China floods trigger US$110m in losses as claims top 33,000
Insurers have paid out US$31m in claims following heavy rains across southern and central China, according to the National Financial Regulatory Administration.
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- May 24 2026
South Korea’s DB Insurance set to complete Fortegra acquisition
Insurer will acquire 100% of the outstanding shares of the US specialty carrier for US$1.65bn in an all-cash deal.
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- May 22 2026
Gallagher Re confirms Carlos Grijalva as APAC head of cyber
Hong Kong‑based Grijalva’s move to join the reinsurance broker was first reported by InsuranceAsia News last month.
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- May 22 2026
South Korea to offer US$200m war-risk cover for small shippers in Strait of Hormuz
Financial Services Commission will also explore the creation of a reinsurance program to extend coverage to larger vessels with significant economic impact.
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- May 22 2026
Anthony Hong joins Howden as head of surety for Asia
He joins after six years at Aon in Singapore and South Korea.
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- May 21 2026
Willis, Global Parametrics deliver parametric payouts to Vietnam coffee farmers after Typhoon Kalmaegi
Rainfall exceeded 1.7m in some parts, with Gia Lai province one of the areas badly affected.
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- May 21 2026
Tokio Marine outlines capacity for over US$10bn in M&A following Berkshire deal
Beyond US deals, insurer sees Canada, Australia and Southeast Asia as priority markets for growth, according to Tokio Marine Kiln CEO Brad Irick.
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- May 21 2026
Aon appoints Chris Camerieri as enterprise client group growth leader for APAC
Singapore-based Camerieri has been at Aon for over 17 years, including the past eight years leading the Aon Centre for Innovation and Analytics globally.
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- May 21 2026
Howden India taps Suresh Ram Matcha for senior property, marine role
Matcha has over two decades of experience in the Indian insurance industry.
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- May 21 2026
Howden creates new practice for Korean clients in US
UK broker names New York-based Brian Cho as head of the newly formed unit.
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- May 21 2026
Consistency, not cycles, drives Asia Pacific strategy, Allianz Re’s Anna Kohls says
Regional CEO talks to InsuranceAsia News about the ongoing rate softening, the new India joint venture, and the conflict in the Middle East.
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- May 20 2026
Tokio Marine adjusted profit rises 17% to US$4.4bn on underwriting strength, lower nat cat losses
Lower capital gains from sale of equities, negative forex impact and Greensill reserving action weigh on earnings.
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- May 20 2026
Reduced nat cat losses, higher premiums propel MS&AD’s FY25 net income to US$5bn
Group's non-life business reported net premiums written of US$31.4bn for the fiscal year ended March 31, growing 7.1% year on year.
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- May 20 2026
Munich Re warns of ‘turbulent typhoon’ season in North Asia as ‘Super El Niño’ risk looms
El Niño is likely push 2026 typhoon activity above 30‑year average in the region with approximately 27 named storms, 18 typhoons and 11 severe typhoons possible this year.
