Country: Asia Page 7 / 478
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- July 31 2026
Shinhan Financial Group walks away from Lotte Non-Life Insurance sale process: report
Negotiations were derailed by valuation concerns, with Korea Investment Finance said to be studying a possible bid.
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- July 31 2026
S&P Global elevates Japan P&I outlook to positive, cites capital strength despite scale constraints
Rating agency notes club's business profile will remain more modest in scale and diversification compared to some of its peers.
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- July 31 2026
Opinion: Flood threat in Southeast Asia is real and growing – time for modellers to strut their stuff as AI leads the way
Asia's flood-vulnerable population has surged by one billion since 1975, but AI-driven defences are emerging in Hong Kong and Bangkok.
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- July 30 2026
Indian marine pool issues first P&I policy
Policy provides financial protection against third-party liabilities including crew and cargo liability, pollution liability, and wreck removal, with an indemnity limit of up to US$1.5bn through the combined capacity of the pool.
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- July 30 2026
Samsung Fire & Marine underwrites US$20m virtual asset policy for Korean blockchain firm DSRV
The digit asset insurance protects custodial assets against losses from nat cats and theft via external intrusion.
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- July 30 2026
M Pallonji Group-backed ProTec handed Indian general insurance licence
- Insurers
- India
- Regulatory
- Insurance Regulatory and Development Authority of India
- ProTec General Insurance
Aditya Sharma, former chief distribution officer at Bajaj Allianz General Insurance, has been appointed CEO.
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- July 30 2026
Aon taps Jessie Shi for Asia transaction solutions role
Shanghai-based qualified lawyer and certified public accountant joins as an associate director having previously held roles at Chinese law firm Jun He, PwC and Intel Corporation.
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- July 30 2026
APAC’s nascent cannabis insurance market navigates a divided region as insurers face steep learning curve
Australia remains the main market in the region and is projected to exceed US$33bn by 2033, although Thailand has backtracked on recent liberalisation.
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- July 29 2026
Residential losses from Japan earthquake could top 2016 Kumamoto claims, but commercial damages contained
Loss adjusters say seismic upgrades since 2016 have limited structural and business interruption exposure for industry, but the region’s semiconductor concentration could still drive claims.
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- July 29 2026
Indian regulator finally approves Patanjali, DS Group acquisition of Magma General Insurance
Transaction, valued at US$470m, was originally announced in March last year.
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- July 29 2026
Seadrif taps Xinmei Zheng as chief operating officer
Singapore-based Zheng brings nearly two decades of experience in underwriting, structured risk solutions, portfolio management and business development, with expertise across Southeast Asia.
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- July 29 2026
Markel hires AIG’s Abbas Choker as Asia Pacific CFO
Based in Singapore, the seasoned executive will report to Asia Pacific managing director Sucheng Chang.
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- July 29 2026
Consilium secures Singapore broking licence, appoints Ben Compton as associate partner
Compton joins Singapore office leader Robert Drysdale, who joined the broker earlier this year.
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- July 28 2026
Howden appoints Maisie Ng as director of structured credit for North Asia
She joins from Santander Corporate & Investment Banking, where she had been the senior vice president for private debt mobilisation for Asia Pacific since January 2023.
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- July 28 2026
7.1-magnitude earthquake off southern Japan triggers tsunami alerts, damage to roads, bridges, buildings
Earthquake struck Japan’s Kumamoto prefecture at a depth of 10km.
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- July 28 2026
Munich Re Specialty launches Japan parametric earthquake cover via Lloyd’s
Product for corporate clients will provide post-event liquidity and support business continuity even without physical damage.
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- July 28 2026
MSIG claims payouts reached US$45.8m across Hong Kong, Macau in 2025
Claim settlement ratio rose slightly from 94.5% in 2024 to 94.7%.
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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.
