News Page 25 / 1120
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- July 28 2025
Fitch assigns Generali China A- financial strength rating on strong capital position, strategic group role
Wholly owned Chinese P&C arm of Italian insurance group posted GWP of US$238m and 105% COR last year.
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- July 28 2025
Marsh to acquire Mitsubishi Electric’s in-house insurance agency in Japan
Shares of Mitsubishi Electric Insurance Service will be transferred to the global broker in November.
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- July 28 2025
FreightInsure expands embedded insurance to New Zealand
Service, backed by global insurer HDI Global Specialty SE, enables shippers to attach micro-policies of up to US$59,000 per consignment during the booking process.
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- July 28 2025
Jarrod Tilbrook joins Marsh ANZ as managing principal
Marsh Australia and New Zealand has tapped the former Aon, WTW and Coverforce executive as its new managing principal.
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- July 28 2025
Construction Guarantee’s underwriting losses to continue for the short to medium term: AM Best
Korean insurer has reported two consecutive years of underwriting losses in 2023 and 2024, as well as another loss in H1 2025.
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- July 28 2025
Delta Insurance promotes Natasha Plesnik to casualty manager
New Zealand-based Plesnik previously worked as a senior underwriter for the specialist underwriting agency.
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- July 28 2025
Aviation : Growing pains in Asia’s maintenance industry will have implications for insurers
Lack of talent, training, infrastructure, and oversight emerge with Asia Pacific is on track to become the world’s largest aircraft maintenance, repair and overhaul (MRO) market by 2030.
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- July 28 2025
Aon’s John Morley joins Swiss crypto carrier 1B as CEO
Insurer plans to establish offices in Asia, including in Singapore, Malaysia and Hong Kong.
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- July 28 2025
Hong Kong P&C market posts US$112m underwriting profit in Q1 2025: HKIA
The SAR's direct insurers posted an underwriting profit of US$140m, while the inward reinsurance segment posted an underwriting loss.
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- July 26 2025
Full capacity: APAC rates dive – a call for caution?
This week's newsletter discusses the impact of rate reduction in the region, Allianz's re-entry into the Indian market, APAC construction inurance market new Lloyd's cyber consortium in Singapore, Consilium's regional foray, and IRDAI's new chairman.
