News Page 13 / 1327
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- August 25 2026
AUB Group hails ‘strong progress’ as net profit after tax grows 12.2% in FY26
AUB Group's growth in FY26 was powered by its Australian broking, international, BizCover and agencies divisions.
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- August 24 2026
West P&I confirms MV Ocean Winner coverage, while H&M claim could top US$25m
Panama-flagged cargo vessel went off the tracking systems and lost communication about 290 nautical miles off India's coast on Friday.
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- August 24 2026
Structural reforms key driver of Japanese reinsurance market softening: AM Best
Japan's insurers are better positioned to weather reinsurance market cycles following diversification and improved underwriting discipline, according to AM Best.
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- August 24 2026
Saudi Arabia joins list of countries exploring state-backed insurance for marine war cover: report
Ministry of Finance is exploring creating a pool capable of offering up to US$186m in commercial marine risk cover per event.
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- August 24 2026
Sompo appoints Winnie Chau as senior financial lines underwriter for Hong Kong, Macau, Taiwan
Hong Kong-based Chau brings over 14 years of underwriting experience in financial lines, including cyber and professional indemnity.
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- August 24 2026
‘Buyer friendly’ reinsurance market to endure in APAC despite super El Nino: AM Best
Cedents in APAC have used the softening reinsurance market during recent renewals to enhance their protections and support their growth, according to AM Best.
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- August 24 2026
Vietnam’s Asia Commercial Bank receives licence for new non-life insurance arm
ACB Insurance is licensed to operate for 99 years and provide non-life and health products.
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- August 24 2026
Tonga receives additional parametric drought payouts from PCRIC
Pacific Catastrophe Risk Insurance Company (PCRIC) makes a short-term preparedness payout for the island of 'Eua, as well as a rapid response payout for Tongatapu.
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- August 23 2026
Strong Kanto earthquake sparks week-long warnings in Japan
The 5.9-magnitude earthquake struck eastern Japan, including the greater Tokyo area on Sunday morning.
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- August 23 2026
ILS investment manager Fermat Capital Management expands in APAC with new Singapore hire
Nicholas Tan joins from UK asset manager Aberdeen Group.
