News Page 159 / 1196
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- April 1 2025
Thai insurers set to halt free coverage in wake of devastating earthquake
Thai General Insurance Association president Somporn Suebthawilkul says insurers must reassess and adjust their strategies to manage growing risks from natural disasters.
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- April 1 2025
Bain Capital exits Tower investment via US$50m block deal
Kiwi insurer's largest shareholder sells 19.941% stake for US$0.74 per share.
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- April 1 2025
Megaquake in Japan’s Nankai Trough could cause US$2trn economic losses, kill 300,000
Government expert panel estimates about an 80% chance of a magnitude 8 to 9 earthquake along the tremulous seabed zone occurring within 30 years
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- April 1 2025
Korean broker Wise boosts reinsurance team with Drew Yoo appointment
He previously worked for HIS Korea for over three and a half years as a treaty broker.
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- April 1 2025
Keisuke Miura promoted to corporate, commercial leader for Marsh Japan
He will relocate from Singapore to Tokyo, having spent almost 13 years with Marsh.
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- April 1 2025
Aon Re names Soeren Soltysiak Asia CEO in regional leadership rejig
Reinsurance solutions also appoints Musa Adlan as MD for Asia and announced new co-heads for L&H, retrocession and a chairman for APAC specialty.
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- April 1 2025
MS&AD Group’s M&A activity affordable, to help earnings: S&P
The merger of Mitsui Sumitomo Insurance and Aioi Nissay Dowa Insurance may lead to elimination of overlapping business activities.
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- March 31 2025
South Korea’s new capital requirements to reduce insurers’ burden, enhance quality: Fitch
Introduction of a mandatory core capital ratio requirement will tighten the quality of capital that insurers hold.
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- March 31 2025
MS Amlin expands in Australia with Sydney office, appoints head of ANZ
New office will be led by Matt Botfield, who joins carrier from Aon.
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- March 31 2025
China Re’s P&C net profit up 69% to US$716m, COR deteriorates to 99.86%
Net profit from domestic primary P&C insurance business quadruples to US$206m.
