News Page 19 / 1314
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- July 23 2026
AM Best maintains stable outlook for South Korea’s non-life insurance market
It is supported by sufficient capital resilience, recent regulatory actions, solid investment performance, and a strategic pivot among insurers toward profitability-focused measures.
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- July 23 2026
Blackstone teams up with ex-HDFC Ergo CEO Anuj Tyagi for India general insurance venture
Blackstone will own 90% of Nxsure General Insurance, while Tyagi will hold a 10% stake, according to local media.
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- July 23 2026
Coupang warehouse fire could trigger up to US$590m in insured losses: reports
Multi-day blaze at Korean e-commerce giant’s logistics hub this week puts DB Insurance and Meritz-led programs on the hook for potential large-scale claims
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- July 22 2026
Historical loss experience becoming less reliable guide to future risk: Aon
Global Catastrophe Recap: First Half of 2026 report shows floods in China in May and June were the costliest nat cat event for Asia, with economic losses of about US$4.9bn.
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- July 22 2026
John Neal’s conduct ‘fell significantly below standards’, Lloyd’s finds
UK insurance exchange had opened an investigation in November linked to Neal’s six-year stint as CEO.
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- July 22 2026
Price Forbes Singapore appoints Craig McCoig-Lees as head of casualty MGA
McCoig-Lees, who joins from Howden Re, will be responsible for expanding Price Forbes Re’s MGA proposition.
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- July 22 2026
APAC insurers face growing stress from nat cat loss triple threat: S&P Global
Rapid AI adoption and converging cybersecurity issues are also risks to sector stability and issuer credit quality.
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- July 22 2026
Niyam Group names Prathemesh Apte as director of risk and compliance
He joins the India-focused reinsurance start-up from Bajaj General Insurance.
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- July 22 2026
Allianz Commercial names Davinder Panesar as ART business development, underwriting leader for APAC
He will relocate to Singapore from Allianz Commercial in London, where he currently underwrites global captive fronting transactions.
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- July 22 2026
Allianz Trade promotes Daf Owen to Asia Pacific role to accelerate surety growth
Owen will relocate from Brisbane to Hong Kong and report to Chris Markesteijn, regional head of surety and guarantees for Asia Pacific.