News Page 28 / 1195
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- December 10 2025
Japan downgrades loss estimates from a potential Tokyo earthquake to US$530bn
A 7.3-magnitude earthquake hitting the metropolitan area could also kill 18,000 people in the worst-case scenario, the draft government estimate showed.
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- December 10 2025
Sompo boosts Hong Kong underwriting structure with double promotion
Ophelia Szeto and Jessica Lai will assume their new roles with the insurer from January 1.
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- December 10 2025
The Standard Club Asia goes into run-off as all renewals switch to NorthStandard
All insurance business previously underwritten by The Standard Club Asia will be renewed into NorthStandard from February 20.
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- December 10 2025
HDI Global eyes ‘one-stop shop’ with further hires, product launches in Southeast Asia
Cristiano Pizzocheri, head of market management for Southeast Asia, South Asia, and the Middle East in Singapore, tells InsuranceAsia News that the insurer plans to add more staff in Singapore in 2026 and bring financial lines, A&H, cyber products to the region.
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- December 9 2025
Over half of US$10bn losses from recent Southeast Asian floods attributable to business interruption: Moody’s
Modelling specialist noted that some atmospheric indicators suggest that parts of Southeast Asia are already experiencing La Niña-like conditions.
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- December 9 2025
Japan issues megaquake alert after 7.5-magnitude earthquake
There is a slight increase in risk of a magnitude 8-level quake and possible tsunami occurring along Japan’s northeastern coast from Chiba, just east of Tokyo, to Hokkaido, according to the Japan Meteorological Agency.
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- December 9 2025
Aaron Shead becomes head of property for Chubb’s overseas general insurance business
He has been with the US insurer for over 25 years in Asia, Bermuda and the UK.
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- December 9 2025
Marine: Amid backlogs and breakdowns, Covid-19 maintenance delays put vessel safety at risk
Asia is at the sharp end of a hidden maritime risk, with post-pandemic machinery-related losses becoming an even more significant issue.
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- December 9 2025
Sing Re’s ratings bolstered by Odyssey Re guarantee: S&P Global
Rating agency assigns AA- long-term financial strength rating with stable outlook to the Singapore reinsurer, mirroring the ratings of its guarantor.
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- December 9 2025
Kiwi insurer Tower fined US$4m for misleading 61,000 customers
Tower had self-reported the issue in 2021, admitting that it had contravened the Financial Markets Conduct Act by making false or misleading claims about its multi-policy discount offer since September 2016.
