Country: South Asia Page 1 / 66
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- September 4 2026
AM Best downgrades Himalayan Re amid CEO arrest, fraud investigation
Rating agency downgrades Neaplese reinsurer's ratings to B (Fair) and places them under review with negative implications.
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- September 2 2026
Nepal flood claims top US$170m as death toll surpasses 1,100
Oriental Insurance receives the highest claim volume, while engineering and construction risk policies have taken the hardest hit.
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- September 2 2026
Generali Central Insurance appoints Prem Sivadas as chief commercial officer
Mumbai-based Sivadas will lead the corporate sales function, with a focus on strengthening broker partnerships and expanding corporate portfolios, including Generali Corporate and Commercial.
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- September 1 2026
IFFCO Tokio promotes Tatsuya Fujimoto to managing director, CEO
Gurugram-based Tokio Marine veteran takes over from Subrato Mondal at the India JV, bringing more than two decades of experience across Japan, the US, Malaysia and India.
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- September 1 2026
‘Good times’ for India’s reinsurance buyers despite rising El Nino climate risk: Edme’s Vinod Krishnan
India's agricultural sector faces significant losses due to crop failure, creating demand for innovative risk transfer solutions, the CEO of treaty reinsurance tells InsuranceAsia News.
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- August 31 2026
Search called off for MV Ocean Winner as survivors tell of ‘unforgettable’ night
Only two Chinese nationals were rescued from the 24-member crew after the Panama-flagged bulk carrier, entered with West P&I Club, sank earlier this month.
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- August 30 2026
International reinsurers to absorb most insured losses from Nepal flash floods: AM Best
Insured exposure is expected to be concentrated on commercial risks, primarily hydropower assets, infrastructure projects, and properties along the Nepal-China trade corridor.
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- August 28 2026
Nepal flash floods insured losses could top US$1bn, spilling into reinsurance
Major international and regional reinsurers, including Hannover Re, GIC Re, Saudi Re, and Kenya Re, face material exposures via direct and retrocession programs.
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- August 27 2026
Deadly flash flood on Nepal-China border leaves widespread destruction
More than 270 people have died, while over 1,000 are still missing following the event on Wednesday morning.
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- August 26 2026
Takaful insurer Qatar Islamic Insurance Group handed Gift City branch approval
Nisamudheen Sadar Manzil, chief technical officer of insurance and reinsurance operations, is named the nominated contact person.
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- August 20 2026
Niyam Group names Lovenish Kumar as director of operations
He previously worked at Axa XL for over 10 years, most recently as a reinsurance manager.
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- August 20 2026
India’s competition commission clears General Atlantic to lift Acko stake
Digital general insurer is set to go public in the second half of 2026 or early 2027.
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- August 19 2026
Axa XL promotes Vinod Kumar to cyber underwriter in India
Mumbai-based Kumar was previously an assistant cyber underwriter since May 2025.
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- August 18 2026
Generali Central Insurance names Sandeep Rathi as head of underwriting
Mumbai-based Rathi joins from Kuwait Re, where he had been the regional underwriting manager for facultative since January.
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- August 16 2026
Protec General Insurance appoints Subramanyam Brahmajosyula as head of underwriting, reinsurance
Appointment follows the M Pallonji-backed general insurer being granted a general insurance license at the end of July.
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- August 13 2026
Lockton hires Shrungar Bhuva as VP for transaction liability in India
Bhuva has nearly seven years of experience advising institutional organisations, financial sponsors, sovereign wealth funds, and multinational organisations on complex public and private market transactions.
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- August 11 2026
MS First Capital’s new Gift City branch commences reinsurance operations
CEO Vikas Shukla also confirms the appointment of S Venugopalan as the CFO of operations within India's special economic zone.
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- August 10 2026
India’s sovereign-backed maritime pool sets sail, but major loss and accumulation risks await
War-risk premium rates have dropped 35-40% since the Bharat Maritime Insurance Pool launched in May, but industry sources caution pricing sustainability depends on how the pool handles major loss and accumulation events.
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- August 6 2026
‘Beginning of a new era’ as Swiss Re CorSo pens Indian partnership with Bajaj General Insurance
Zurich-headquartered insurer also announces partnership with GNP Seguros in Mexico.
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- August 6 2026
India’s EarthRe bags licence, becomes first incorporated Gift City reinsurer
Subsidiary of parametric insurtech InRisk Labz is a 'technology-first non-life reinsurer' focusing on nat cat, climate, property, crop, and specialty risks.
