Country: Asia Page 6 / 409
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- April 24 2025
Shinkong gets rating upgrade on record results, underwriting gains: AM Best
Rating agency upgrades Taiwanese non-life insurer’s rating to a+ (excellent), while reviseing the outlook to stable.
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- April 24 2025
IRDAI chairman race heats up as frontrunners emerge: report
Insurance Regulatory and Development Authority of India (IRDAI) post has been vacant since Debasish Panda completed his three-year term in March.
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- April 24 2025
China to boost insurance support for cross-border trade amid tariff tensions
Action plan outlines protection across all foreign trade scenarios for enterprises expanding overseas to protect Chinese companies' offshore assets.
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- April 23 2025
Korean regulators may transfer MG Non-Life insurance contracts: reports
Samsung Fire & Marine, DB, KB, Hyundai Marine & Fire and Meritz Fire & Marine are reviewing a plan to form a joint due diligence corporation to takeover the struggling insurer's policies.
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- April 22 2025
Exclusive: Swiss Re Corporate Solutions to shut Hong Kong office, surrender licence
Commercial insurer will consolidate operations servicing Chinese corporations into its mainland offices, IAN can reveal.
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- April 22 2025
Steve Hutchinson to join Willis as P&C head for Hong Kong, Macau after 4-month Howden stint
Hutchinson, who had joined Howden as chief broking officer in January, will take over from Phil Timms, who will transition to a new role, as IAN first reported.
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- April 22 2025
MS&AD to invest up to US$5bn to double North America profits: report
Japanese insurer plans to continue its aggressive investment strategy moving forward, CEO Shinichiro Funabiki tells Bloomberg.
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- April 22 2025
Malaysia’s MNRB Holdings mulls hiving off takaful insurance businesses: report
Allianz Malaysia and Bank Rakyat are said to be keen on taking over Takaful Ikhlas Family and Takaful Ikhlas General.
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- April 22 2025
Chubb appoints Janene Blizzard as head of APAC A&H
Blizzard, who has 30 years of insurance experience including 16 years with Chubb, will relocate from London to Singapore.
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- April 22 2025
Euclid Transactional adds tax underwriting in APAC with EY hire
M&A-focused MGA appoints Wai Ling Low as senior vice-president and tax underwriter in Singapore.
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- April 22 2025
Willis bolsters India aviation, space team
Anant Pawar joins the WTW broking business from Aon India, where he was chief broking officer.
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- April 21 2025
South Korea to expand insurance coverage for uninsured crops following wildfires: report
Government plan to introduce US-style disaster guarantee system for small farmers and forest crops.
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- April 21 2025
Gallagher India hires Sunny Goel as head of liability and growth projects
Delhi-based Goel will lead the expansion of Gallagher India's liability and reinsurance portfolio, while also establishing new specialty and niche areas.
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- April 17 2025
Seadrif, PCIRC among risk pools to receive US$5.3m joint grant for climate and disaster risk financing and insurance
Global Shield Solutions Platform will provide funding to allow four risk pools globally to establish a learning network, create a global facility for risk data and analytics, and initiate an employee exchange programme.
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- April 17 2025
Premium hikes to boost Japan’s big four insurers’ domestic profitability: Moody’s
The profitability will improve gradually supported by fire and motor lines, which account for about 70% of net premiums written by Aioi Nissay Dowa Insurance, Mitsui Sumitomo Insurance, Sompo Japan Insurance and Tokio Marine & Nichido Fire Insurance.
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- April 17 2025
Exclusive: Integra regional MD Tony Chapman to join Crawford
Singapore-based Chapman will start in a newly created role as head of global technical services for Asia in May, IAN understands.
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- April 16 2025
Markel to buy P&I specialist MGA Meco
The MGA with presence in Shanghai, London and Dubai will integrate into the specialty (re)insurer but will continue to operate through its brands Charterers P&I Club, Transmarine and Aurora P&I.
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- April 16 2025
India’s ICICI Lombard profit after tax up 30.7% to US$301.2m, COR improves to 102.8% in FY25
The carrier's GWP for the period increased by 10.4% to US$3.3bn.
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- April 15 2025
Peak Re takes China Re’s Claudia Chong as vice president
New role spans multiline treaty underwriting, contract wordings review, treaty structure solutions, data analytics and pricing.
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- April 15 2025
Aon expands Asia M&A and transaction solutions team with director hire
Singapore-based Cindy Yeo joins the team led by Xianwei Lee as director of transaction solutions for Asia.
