Country: Asia Page 8 / 444
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- December 9 2025
Japan issues megaquake alert after 7.5-magnitude earthquake
There is a slight increase in risk of a magnitude 8-level quake and possible tsunami occurring along Japan’s northeastern coast from Chiba, just east of Tokyo, to Hokkaido, according to the Japan Meteorological Agency.
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- December 9 2025
Sing Re’s ratings bolstered by Odyssey Re guarantee: S&P Global
Rating agency assigns AA- long-term financial strength rating with stable outlook to the Singapore reinsurer, mirroring the ratings of its guarantor.
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- December 9 2025
Not resting on their laurels, people-powered Miller eyes seat at South Korea’s top table
Having begun operations at the start of the year, the specialist (re)insurance broker plans expansion through organic and inorganic growth as it seeks to be among the top three brokers within the next five years, country head David Kim says.
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- December 8 2025
Meritz Fire & Marine faces US$680,000 exposure to Coupang data breach
US-listed Korean retailer is facing class action suits in the US and South Korea following a data leak that compromised information of 34 million customers.
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- December 8 2025
‘China Taiping good enough on its own’ after Wang Fuk Court fire, HKIA CEO Clement Cheung says
About 10,000 active life insurance policies from 35 insurers and 1,800 property policies from 35 insurers have been identified as having been issued to residents, he adds.
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- December 8 2025
Howden drives Dhipaya, Ping An tie-up for EV warranty products in Thailand
Thailand's Dhipaya Insurance will underwrite extended warranty insurance products for Chinese EVs backed by reinsurance capacity from Chinese insurer Ping An and placed by Howden Re.
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- December 8 2025
Angie Siu to lead Latitude Brokers’ Hong Kong teams after WTW switch
Hong Kong-based Siu joins from WTW, where she spent over 8 years, most recently as director, marine.
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- December 8 2025
Mitsui Sumitomo to get WR Berkley board seat after 12.5% stake acquisition
Following the US$3bn share buy, Japanese carrier is likely to nominate a board member by March, as per an earlier agreement.
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- December 8 2025
Peter Schraa joins HDI Global Singapore as head of marine
Senior hire underscores HDI Global's commitment to grow its marine underwriting business in Southeast Asia.
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- December 5 2025
Guy Carpenter wins Singaporean lawsuit against ex-employees, LK Re for using unlawful means to lure client
Reinsurance broker argued defendants worked together to establish a facility to place Samsung Fire and Marine Insurance's domestic warehouse risks, costing Guy Carpenter US$1.3m in revenue.
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- December 5 2025
Storms batter Southeast, South Asia, inflicting over US$20bn in economic losses: Aon
Thailand estimates Cyclone Senyar to be among its costliest, while Indonesia is reporting billions of dollars in damages and Cyclone Ditwah in Sri Lanka is projected to be the country's deadliest since 1978.
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- December 5 2025
Wang Fuk Court unlikely to alter China Taiping’s rating fundamentals: AM Best
Rating affirmed the carrier’s ratings as it is well-positioned to manage the claims, supported by its parent company and prudent reinsurance arrangements.
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- December 5 2025
Axa XL India snaps up Vishal Singh Rana as construction underwriter
Former civil and tunnel engineer previously worked for Prudent Insurance Brokers and Munich Re.
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- December 5 2025
After Hong Kong and Singapore’s flying start, Malaysian Re mulls ILS market entry amid ‘early stage’ discussions
Largest reinsurer in Malaysia expects to increase its GWP to around US$580m in FY25, president and CEO Ahmad Noor Azhari Abdul Manaf tells InsuranceAsia News.
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- December 5 2025
Solera ‘ready to invest’ in Hong Kong market
US provider of claims management software wants to expand its footprint in APAC having already established themselves in Japan, South Korea, Vietnam, Australia, Singapore, Thailand, and mainland China, according to international managing director, Arnaud Agostini.
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- December 4 2025
Hong Kong fire losses manageable for sole insurer China Taiping: Fitch
Strong state-linked support, diversified operations and solid capital alongside extensive reinsurance underpin the view that net losses from the deadly fire at Wang Fuk Court will remain within rating sensitivities.
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- December 4 2025
Tiptree shareholders approve US$1.65bn Fortegra sale to South Korea’s DB Insurance
All-cash deal was approved at a special meeting on Wednesday.
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- December 4 2025
30 Hong Kong insurers issued over 8,700 life, property policies to Wang Fuk Court residents: HKIA
Hong Kong Insurance Authority (HKIA) CEO Clement Cheung says the authority has set up a special task force, led by senior executives, following last week's deadly blaze.
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- December 4 2025
APAC non-life insurers to remain stable in 2026 as capital strength offsets regulatory, catastrophe pressures: Fitch
Stable margins and strong solvency expected, Fitch says, with disciplined pricing and steady reinsurance support underpinning a neutral outlook.
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- December 4 2025
Liberty Specialty Markets revamps APAC underwriting structure with 5 promotions
Moves for Marcus Thomas, Brett Gardiner, Angelo Maniatis, Shawn Anderson, and Ben Hissey impact Singapore, Hong Kong, China, India, Malaysia, and Australia.
