Country: Asia Page 44 / 465
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- September 1 2025
Aon hires Bonjay Koo as enterprise client leader, Asia Pacific for South Korea
Koo, who joins from Deloitte, will report to Craig Torgius, chief client officer and head of enterprise clients for Asia Pacific, and work closely with Korea CEO Kevin Kim.
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- September 1 2025
Product recall cover in the spotlight as US bans Indonesian shrimp over ‘disturbing’ Fukushima radiation link
US Food and Drug Administration has cracked down on imports from BMS Foods, but the link with Japan’s nuclear power plant has been questioned.
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- August 29 2025
Howden Re hires Jonathan Yang as APAC director of fac reinsurance
Singapore-based Yang joins from Marsh, where he had been a senior vice president since April 2021.
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- August 29 2025
China Pacific’s P&C underwriting profit up 31% to US$500m in H1 FY25
Underwriting COR was down 0.8 percentage points to 96.3% due to improvements in underwriting expense ratio.
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- August 29 2025
Parametric insurance must simplify to boost public sector adoption: Seadrif’s Benedikt Signer
Executive director of the Southeast Asia Disaster Risk Insurance Facility outlines its mission to enhance insurance adoption in public sectors by simplifying product design and addressing market gaps.
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- August 28 2025
Taiping Re’s profit surges 75% despite flat premiums
China Taiping reported a 12.2% rise H1 FY25 profit led by a sharp rise in reinsurance profitability and improved underwriting margins.
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- August 28 2025
SRG hires fac specialist John Jackson as APAC head of reinsurance
Jackson joins from Marnix Insurance Brokers, where he was a director for over 11 years.
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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.
