News Page 253 / 1349
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- July 30 2025
Vietnam insurers poised for further growth despite climate, reinsurance pressures: AM Best
Ratings agency, while maintaining a stable outlook for the sector, said trade uncertainty and slower economies in key export markets could dampen commercial insurance demand.
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- July 29 2025
Chubb pays US$321m for Liberty Mutual’s Thailand arm
The acquisition of LMG Insurance was completed on April 1, with recognised goodwill of US$183m and intangible assets of US$57m, the insurer said in a stock exchange filing.
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- July 29 2025
Japan P&I to sustain strong capitalisation, operating performance: S&P Global
Global rating agency on Tuesday upgraded its insurer rating to BBB+ from BBB with a stable outlook.
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- July 29 2025
Japan, Korea wildfires mark turning point in regional climate risk understanding: Willis
Insured losses from nat cats 'will very likely' exceed US$100bn again this year, the broker said in a half-year report.
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- July 29 2025
APAC H1 insured losses hit US$4.4bn, global claims top US$80bn: Munich Re
Earthquake that rocked Myanmar and Thailand, ex-Tropical Cyclone Alfred in Australia, as well January quake events in China and Taiwan. were the major loss drivers in Asia Pacific.
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- July 29 2025
30 dead in Beijing after days of torrential rain, 80,000 residents relocated
Hong Kong on Tuesday had also issued its first black rainstorm warning of the year as heavy downpours hit the city.
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- July 29 2025
Catherine Soyka joins Everest’s Singapore reinsurance team
Soyka joins from Chaucer Group as an assistant vice president for reinsurance underwriting for Oceania.
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- July 29 2025
Critical mass achieved, MS Amlin focused on APAC consolidation after robust growth: CEO William Ho
He also tells InsuranceAsia News about the regional strategy for the Lloyd's carrier in light of changing market conditions, ANZ expansion and the future of its ILS platform, Phoenix Re.
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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.
