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- August 15 2025
Vesttoo creditors launch lawsuit against Aon, CCB for fraudulent conduct
The complaint alleged Aon’s IP-linked product's transactions were the primary cause of Vesttoo’s downfall, while it also sought damage from CCB for forgery of letters of credit.
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- August 14 2025
Bridge Specialty reshuffles Asia leadership with David Ong elevated to Acorn chairman
Abhishek Chhajer takes over as Acorn International Network CEO, as first reported by InsuranceAsia News.
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- August 14 2025
Swiss Re’s Asian premium renewals almost flat in H1
Shares rose on Thursday after results also showed Swiss Re made a net profit of US$2.6bn in the first half of 2025.
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- August 14 2025
Sompo’s Q1 P&C profit up 37% on strong domestic performance
Japan unit reports 96.1% COR, a 7.2 percentage points improvement from 103.3% a year ago on strong fire and motor results.
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- August 14 2025
India’s Zurich Kotak hires Sukesh Shetty as COO
Mumbai-based Shetty joins the firm following 15 years at SBI General Insurance, most recently as COO.
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- August 14 2025
Hyundai Marine & Fire’s H1 profit falls 46% due to lack of previous year’s windfall
South Korean insurer’s profit plunged as underwriting losses mounted, despite stronger investment returns.
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- August 14 2025
Suncorp underwriting result soars 54% to top US$1bn in FY25
Australian insurer's profit after tax was up 53% to US$1.2bn, boosted by asset sales and a 'favourable' natural hazard experience.
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- August 14 2025
Australian broker McLardy McShane seeks to ‘build the next generation’, unveils new look executive structure
Meg Long becomes CEO of McLardy McShane Partners, while Nick McLardy takes over as CEO of McShane Insurance Advisers.
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- August 14 2025
Crawford eyes India, China potential amid regional consolidation drive: Scott Reichelt
Asia president also tells InsuranceAsia News about the appointment of Tony Chapman as head of global technical services in Asia, the importance of training younger talent, and new nat cat trend events in unexpected locations.
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- August 13 2025
Samsung Fire & Marine’s H1 insurance profit down 16% at US$730m
South Korea’s largest carrier’s insurance revenue was up 9.4% to US$6.7bn, while reinsurance revenue increased by 89% to US$363m.
