Country: Asia Page 4 / 474
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- July 27 2026
Tokio Marine considering IAG, Suncorp in potential Australia deal: report
While declining to comment on 'market speculation' to InsuranceAsia News, Tokio Marine is reportedly motivated to 'put excess capital to work', having previously identified Australia as a priority growth market.
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- July 27 2026
QBE Asia names Kwang Hun Cho as senior property underwriter
Singapore-based Cho joins from Chubb, where he spent nearly nine years in underwriting roles in South Korea and Singapore.
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- July 27 2026
Bain Capital in talks to acquire minority stake in India’s IndusInd General Insurance: report
General insurer, which was formerly known as Reliance General Insurance, could be valued at US$1.67bn, according to a local media report.
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- July 27 2026
AIG’s Ying Ying Lee returns to Berjaya Sompo as head of marine, aviation
Kuala Lumpur-based Lee rejoins the insurer following 15 years at AIG, where she was head of department for specialty since April 2011 and APAC lead for marine liability since July 2020.
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- July 27 2026
BNP Paribas Cardif to acquire Warburg Pincus’ 26% stake of IndiaFirst Life
Upon completion of the deal, Bank of Baroda will hold 65%, BNP Paribas Cardif 26%, and Union Bank of India 9%.
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- July 27 2026
Vietnam’s non-life insurers set for resilient performance next 12 months: AM Best
Rating agency is maintaining a stable outlook on Vietnam’s non-life insurance segment, reflecting robust demand, technology adoption, and healthy macroeconomic factors.
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- July 27 2026
Typhoon Noul skirts Hong Kong, triggers nearly US$5m in insurance claims in China
Strongest windstorm to make landfall in mainland China this year prompted the evacuation of more than 700,000 people in Guangdong, as well as minor damage and air traffic disruptions in Hong Kong.
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- July 24 2026
Hong Kong general insurance Q1 gross premiums up 12.5% to US$4.5bn: HKIA
Growth was driven mainly by onshore direct A&H business and offshore reinsurance property damage business, Hong Kong's Insurance Authority says.
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- July 24 2026
Shinhan Financial eyes non-life acquisition, confirms Lotte Non-Life interest
CFO Jang Jeong-hun says the Korean financial services group is reviewing various assets in addition to Lotte Non-Life Insurance.
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- July 24 2026
Berkley Insurance Asia names Shivi Bhutani as liability lines underwriter in Gift City
Before joining Berkley, she worked as a liability underwriter at ICICI Lombard.
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- July 24 2026
Opinion: Gargantuan data centres present one of the greatest opportunities for premium income in a generation
Fire-prone, water-guzzling, and tornado-vulnerable, these city-sized new builds - with their vast power demands - highlight a step-change in risk.
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- July 23 2026
Indonesia’s Asei downgraded to BB+ by Fitch on capital strain, loss pressures
Weak capitalisation, reserve adjustments and credit insurance risks weigh as insurer works on recovery plan.
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- July 23 2026
Asia insurance rates decline 5% in Q2, led by cyber: Marsh
Property insurance rates fell by 5%, while casualty insurance rates declined by 3% and cyber insurance rates decreased by 8%.
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- July 23 2026
AM Best maintains stable outlook for South Korea’s non-life insurance market
It is supported by sufficient capital resilience, recent regulatory actions, solid investment performance, and a strategic pivot among insurers toward profitability-focused measures.
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- July 23 2026
Blackstone teams up with ex-HDFC Ergo CEO Anuj Tyagi for India general insurance venture
Blackstone will own 90% of Nxsure General Insurance, while Tyagi will hold a 10% stake, according to local media.
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- July 23 2026
Coupang warehouse fire could trigger up to US$590m in insured losses: reports
Multi-day blaze at Korean e-commerce giant’s logistics hub this week puts DB Insurance and Meritz-led programs on the hook for potential large-scale claims
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- July 22 2026
Price Forbes Singapore appoints Craig McCoig-Lees as head of casualty MGA
McCoig-Lees, who joins from Howden Re, will be responsible for expanding Price Forbes Re’s MGA proposition.
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- July 22 2026
Niyam Group names Prathemesh Apte as director of risk and compliance
He joins the India-focused reinsurance start-up from Bajaj General Insurance.
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- July 22 2026
Allianz Commercial names Davinder Panesar as ART business development, underwriting leader for APAC
He will relocate to Singapore from Allianz Commercial in London, where he currently underwrites global captive fronting transactions.
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- July 22 2026
Allianz Trade promotes Daf Owen to Asia Pacific role to accelerate surety growth
Owen will relocate from Brisbane to Hong Kong and report to Chris Markesteijn, regional head of surety and guarantees for Asia Pacific.
