News Page 11 / 1272
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- May 28 2026
(Re)insurers face rising threat of claims inflation from Middle East conflict: Morningstar DBRS
Direct losses have been contained for the P&C and specialty insurance industry, the global credit rating agency says.
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- May 28 2026
‘Asia is an active strategic focus’: Fidelis aims to bulk up property treaty, specialty lines
The Fidelis Partnership is targeting greater proximity and deeper local broker relationships in a region it sees as being an 'attractive market for decades to come', deputy chairman Charles Mathias tells InsuranceAsia News.
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- May 27 2026
South Korean financial regulator approves Lotte’s management improvement plan: reports
Korean insurer must implement its plan for 18 months, with the Financial Services Commission and Financial Supervisory Service monitoring the progress.
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- May 27 2026
Deutsche Rück flags Myanmar earthquake as biggest loss in 2025 as profits jump 45%
German reinsurer posts strong premium growth and improved underwriting, with international expansion underpinning strong outlook.
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- May 27 2026
Michael Hannigan returns to AIG in Australia
He begins a second stint following over two years at Berkshire Hathaway Specialty Insurance.
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- May 27 2026
Insured losses from late-November storms in Australia trimmed: Perils
Personal lines property losses represent 67% of the loss, while commercial lines property losses represent 21% and motor losses 12%.
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- May 26 2026
South Korea’s FTC raids 8 non-life insurers over suspected bid-rigging: report
- Industry associations
- South Korea
- DB Insurance
- Hanwha General Insurance
- KB Insurance
- Meritz Fire & Marine Insurance
- Samsung Fire & Marine
Fair Trade Commission conducted on-site investigations into suspected collusion in bids for corporate group accident insurance policies.
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- May 26 2026
Asia emerges as cyber growth frontier amid rising ransomware threats: CyberCube-UIB report
Vietnam recorded Asia’s fastest ransomware growth, while low cyber insurance uptake among SMEs and modest limits for large corporates point to major expansion opportunities, the report said.
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- May 26 2026
Lockton appoints Andrew Wansey as growth, client strategy leader in Australia
Sydney-based Wansey brings more than 30 years of experience, including 15 years at Marsh.
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- May 26 2026
GIC Re’s FY26 underwriting loss narrows to US$224m, COR improves to 104.66%
Carrier’s net profit for the financial year rose by 30% to top US$1bn, with GWP up at US$4.6bn.
