News Page 194 / 1349
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- November 18 2025
Tower, CelsiusPro collaborate to launch rainfall parametric cover in Fiji
Rainfall Response Cover provides a rapid cash payout when a policyholder is impacted by heavy rainfall, regardless of damage, without the requirement of an insurance assessor’s sign-off.
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- November 18 2025
NorthStandard takes prudent position on P&I premiums with modest renewal increase
NorthStandard projects premium income of US$930m for 2025-26 against US$886m in the previous year.
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- November 18 2025
The Hartford locks in Asia specialty focus, but ‘exciting pipeline’ still on the cards: Carl Bach
Hartford Underwriting Agency CEO anticipates regional GWP to grow 30% to US$25m in 2025, driven by new Lloyd's office in Singapore and established Hong Kong and Shanghai operations.
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- November 17 2025
Steadfast CEO Robert Kelly to return on Tuesday following conclusion of probe into workplace complaint
He had 'chosen to stand aside' on a temporary basis from October 30 amid the investigation.
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- November 17 2025
Hanwha on the hook as lead insurer for E-Land’s South Korea warehouse fire: reports
- Property & Casualty
- South Korea
- Property
- Claims
- DB Insurance
- Hanwha General Insurance
- Hyundai Insurance
- KB Insurance
Hyundai Marine & Fire Insurance, DB Insurance, KB Insurance, and Heungkuk Fire & Marine Insurance are other co-insurers of the building, with total policy limits of around US$261m.
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- November 17 2025
Sedgwick confirms new Australia leadership
Phil van Zyl has been appointed interim CEO, replacing Diego Ascani, with Simon Kay appointed chief operating officer.
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- November 17 2025
MS&AD to buy minority stake in Barings for US$1.4bn
Parent company MassMutual will remain in overall control of the asset manager following the acquisition.
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- November 17 2025
Axa XL promotes Annabelle Lacroix to APAC and Europe regional product leader for casualty
Lacroix was previously the casualty underwriting head for middle market in France.
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- November 17 2025
Willis elevates Anthony Wong to head of Asia casualty
He relocates from Hong Kong to Singapore, reporting to head of P&C Asia Paul Ward.
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- November 17 2025
Exclusive: Mapfre Re moves to establish presence in India’s Gift City amid strategic market expansion
Spanish reinsurer plans to accelerates its push into the Indian market with a branch in India's special economic zone
