News Page 137 / 1261
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- September 24 2025
Nepal’s ‘Gen Z riot’ losses impose financial strain on (re)insurers: AM Best
Outsized proportion of losses, reported to be over US$177m, could impact earnings and capital of the market, which has a combined GWP of US$317m.
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- September 24 2025
Tower raises cat limit to US$536m in FY26 reinsurance renewal
Kiwi carrier switches large individual property risks cover from proportional treaty to XoL structure, estimates lower premium expense.
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- September 24 2025
Marsh ANZ elevates Scott Eccleston to Pacific head of risk management
He has spent more than 20 years of his career at Marsh.
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- September 24 2025
Marsh Asia appoints Dale Williams as corporate and commercial leader
Singapore-based Williams was most recently commercial leader at Mercer Asia.
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- September 23 2025
Marsh appoints Youn Wook (Cleo) Kang as senior client adviser for Asian power, energy specialty
Seoul-based Kang is a seasoned legal professional with deep experience in large-scale energy projects, project finance, and offshore wind, according to Benjamin Chang, Marsh's managing director and energy and power leader for Asia.
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- September 23 2025
Super Typhoon Ragasa: Hong Kong insurance industry braces for world’s strongest storm in 2025
Tens of millions of people could be impacted as the storm passes south of the major centres of Hong Kong, Macau, Shenzhen and Guangzhou.
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- September 23 2025
ARPC revises cyclone pool rates with SME risk mitigation discounts
Australian Reinsurance Pool Corporation (ARPC) makes no other changes to the premium rating, with home and strata premium rates unchanged.
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- September 23 2025
Everest Re launches in India, opens Gift City office
Everest Re joins the growing list of reinsurers opening offices in India's special economic zone.
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- September 23 2025
Australian regulator sues RACQ over misleading renewal comparison pricing
Australian Securities and Investments Commission has alleged that the IAG-owned carrier inflated 'last period premium' in more than 570,000 renewal documents sent to customers between September 2019 and December 2024.
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- September 23 2025
Taiping Re to benefit from profitable non-life vertical, new capital sources: AM Best
AM Best affirms its A (excellent) rating for the reinsurer and its wholly owned subsidiary, Taiping Reinsurance (China), with a stable outlook.
