News Page 112 / 1277
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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
Specialist Australian insurer Eclipse names Andrew Hookings as senior casualty underwriter
Sydney-based Hookings brings over 25 years of experience across the insurance industry, with a background spanning claims, property, and distribution.
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- December 5 2025
Queensland, New South Wales hail claims top Halloween Hailstorms
Suncorp has responded to more than 6,500 vehicle claims following the severe weather event.
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- December 5 2025
Steadfast shares rise following report of Blackstone interest
Private equity giant is reportedly weighing a US$4.6bn bid for the ASX-listed broker.
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- December 5 2025
IAG hires Phillip Gibson as CEO of New Zealand
Former Aviva Canada executive will join IAG New Zealand in March, replacing Amanda Whiting.
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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.
