Country: Asia Page 46 / 474
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- October 16 2025
Weng Joe Wong returns to Markel as cyber and financial lines underwriter
As a professional financial risks and cyber underwriter, Singapore-based Wong will report to Olga Wong, head of Southeast Asia, PFR & cyber.
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- October 16 2025
‘On the cusp of transformation’: AI creates a need for ‘product evolution’ in cyber insurance
The insurance industry has a key role to play in responding to the rapidly evolving threat of AI enabled cyber attacks, says Singapore's Cyber Security Agency's Veronica Tan.
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- October 15 2025
Huntington Advisory ties up with France’s MGT Partners to enhance access to European (re)insurance market
The partnership will offer clients an advisory platform spanning M&A, capital solutions and strategic transactions, with particular emphasis on cross-border opportunities in insurance distribution and consolidation.
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- October 15 2025
Aon India elevates Abizar Bohra to head of sports, leisure and entertainment
Bohra was previously senior vice president with the broker for over two years.
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- October 15 2025
China’s plan to tighten commission controls for non-motor market to improve pricing: Fitch
New measures, which will take effect on November 1, aim to shift competition away from commission-driven sales toward profitability and risk-based pricing discipline.
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- October 15 2025
QBE Re taps Berkley Re’s Cindy Foo as head of treaty for Asia in regional growth push
In the newly created role, Singapore-based Foo will report to Abdallah Balbeisi, executive director of Europe and growth markets.
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- October 15 2025
ADB approves US$400m loan to strengthen Philippines insurance sector
The development bank's first dedicated insurance reform program will create an enabling environment for broader participation in the sector.
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- October 14 2025
Lawmakers to question major Korean carriers over high disaster insurance premiums, margins: report
- Insurers
- South Korea
- DB Insurance
- Hanwha General Insurance
- Hyundai Insurance
- KB Insurance
- Meritz Fire & Marine Insurance
- Samsung Fire & Marine
The National Assembly has summoned chief executives of Samsung Fire & Marine, DB Insurance, Hyundai Marine & Fire, KB Insurance, Hanwha General Insurance, Meritz Fire & Marine and NH NongHyup Property & Casualty Insurance.
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- October 14 2025
Marine insurance rates may rise following Sri Lanka’s US$1bn plastic spill ruling: report
A cargo ship owned by Singapore’s X-Press Feeders, insured by London P&I Club, spilt tens of billions of petrochemical pellets and burnt plastic, oil and chemicals into the ocean off Colombo in 2021.
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- October 14 2025
MS&AD to put Hawaiian unit DTRIC into run-off
It will continue to administer all active policies, manage claims and meet its contractual and statutory obligations over the next several years.
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- October 14 2025
China’s retaliatory port fees on US-linked vessels adds to maritime disruptions
A US$56 per net ton fee will be charged at Chinese ports from vessels that US flagged, built or are owned or operated by US enterprises, meanwhile, the country has also banned Korean shipbuilder Hanwha Ocean's US subsidiaries in escalating tensions.
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- October 13 2025
Allianz Trade promotes Yusuke Hata to regional head of Japan desk for North Asia and Singapore
Hata was previously sales manager for the firm since joining the trade credit insurer in 2022.
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- October 13 2025
Generali Thailand targets half a billion dollars in GWP this year: report
The insurer intends to bank on digital innovation, multi-channel distribution, and the growing demand for health and life insurance to sustain double-digit growth.
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- October 13 2025
Texel Asia expands broking team with double appointment
Jaime Stork joined as an associate director, while Brandon Woo will join as a broker and will report to Angela Chang, managing director of Texel Asia.
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- October 13 2025
China Re-backed broker Huatai partners with BMS Group for marine initiative
The mainland intermediary will coordinate domestic underwriting, while BMS’ specialist arms BankServe and CLP will do international ceding of risks.
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- October 10 2025
Vietnam’s 2025 nat cat economic losses top US$1.3bn
Typhoon Matmo over the weekend expected to add hundreds of millions of dollars in losses to the region recovering from the Typhoon Bualoi the week before.
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- October 10 2025
Aon names Simon Chisholm as Asia reinsurance solutions chairman
Singapore-based Chisholm will report to Asia CEO Soeren Soltysiak and will have focus on deepening relationships with key clients in Japan and Thailand.
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- October 10 2025
Ramon Zandueta, ex-Marsh Philippines CEO, takes the helm at KRM Re
Zandueta, who took charge of the Filipino broker last month, was most recently president and CEO of Oona Philippines.
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- October 10 2025
Magnitude 7.4 earthquake jolts Philippines even as Cebu losses mount
The country is still recovering from a 6.9 quake that struck off Cebu island on September 30 that left at least 74 people dead and displaced thousands.
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- October 10 2025
GIC Re’s strong capitalisation to offset underwriting stress: AM Best
The rating agency has affirmed a financial strength rating of A- (excellent), long-term issuer credit rating of “a-” (excellent) having upgraded the rating last year.
