Country: Asia Page 5 / 465
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- May 20 2026
Sompo posts record US$4bn profit, up 163% on lower nat cat losses, strong underwriting gains
Group’s insurance service result rose 93.5% to US$3.7bn, while consolidated net profit increased 71% to US$3.1bn
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- May 20 2026
Zurich elevates Kin Lee to APAC head of energy
Singapore-based Lee will lead the development and execution of the underwriting strategy for Zurich’s energy portfolio across the region.
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- May 20 2026
Aon appoints Tokio Marine veteran Max Hirai as Japan CEO
He was most recently Asia CEO for Tokio Marine Holdings in Singapore.
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- May 20 2026
Asia’s ‘interlinked’ protection gaps require a virtuous cycle of risk reduction, insurance, and government backing: GAIP
CEO Min Hung Cheng tells InsuranceAsia News about the non-profit organisation's three interdependent layers of solutions to address risk and protection gaps.
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- May 19 2026
Malaysian Re parent snaps up Labuan Re in US$100m deal
MNRB Holdings will acquire 80% of the reinsurer, while Malaysian Re will retain its 20% stake.
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- May 19 2026
Seadrif taps Richard Poulter to lead sovereign asset and fiscal empowerment facility
He was formerly chief risk officer at the Pacific Catastrophe Risk Insurance Company.
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- May 19 2026
Liberty Mutual hikes stake in India unit to 74%
Move follows earlier increase in Liberty Mutual's stake from 49% to 55.4% in September.
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- May 19 2026
Opinion: No pain, no gain: who will be left once the Indian dust settles?
'Fierce competition' is driving price reductions across all major lines of business, with double-digit discounts available for property, D&O and cyber.
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- May 18 2026
Sompo hires Megan Yeung as senior casualty underwriter for Hong Kong, Macau, Taiwan
Most recently a casualty underwriter at Axa XL, Hong Kong-based Yeung is specialised in product and general liability.
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- May 15 2026
Marsh to acquire Japanese energy giant Eneos’ insurance units
Transaction involving Eneos Insurance Service and the insurance division of Eneos Material Trading is expected to close in the third quarter of 2026.
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- May 15 2026
Swiss Re Asia adds Daniel Neo to its board of directors
Neo, who was CEO formerly Asia Pacific at Sompo Holdings, will join the board on June 1.
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- May 15 2026
Santam taps Hemant Gulati to lead Gift City buildout
Appointment comes after the South African insurer received regulatory approval to establish a presence in India’s special economic zone in February.
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- May 14 2026
Jio, Allianz incorporate 50:50 general insurance JV in India
Jio Financial Services will invest US$518,000 for a 50% stake in Jio Allianz General Insurance.
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- May 14 2026
MS&AD completes acquisition of 18% equity stake in Barings
MS&AD had struck a deal in November to acquire the stake, worth US$1.44bn, from MassMutual, Barings' US parent.
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- May 14 2026
Nepal drought triggers US$100,000 parametric payout to farmers
First-of-its-kind payout in Nepal, which was as designed by Global Parametrics, benefitted 405 people.
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- May 14 2026
Tokio Marine open to more ILS deals ‘if there’s any room’, as Kizuna Re highlights strong earthquake demand
Latest outing raised US$100m in Singapore, with assistant manager for global reinsurance, Ken Oka, telling InsuranceAsia News that the insurer has studied issuing catastrophe bonds in Hong Kong.
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- May 14 2026
India’s insurance premiums grew 9.86% to US$83.8bn by November: IRDAI
Non-life insurers, in particular, collected a gross direct premium of US$23bn, representing a year-on-year growth of 8.29%.
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- May 13 2026
Howden names Alaric Lee as Hong Kong CEO, replaces Singapore-bound Alfred Sham
Sham will relocate to Singapore to take on the role of chief strategy officer for Asia.
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- May 13 2026
India launches US$1.5bn maritime insurance pool, issues first war risk policies
GIC-administered Bharat Maritime Insurance Pool provides H&M, cargo, P&I, and war-risk cover for Indian-flagged or controlled vessels and voyages to or from India.
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- May 13 2026
Ardonagh continues to strengthen Asia leadership with Jason Anthony appointment
He will lead Ardonagh’s efforts to build a pan-Asian MGA at scale.
