News Page 29 / 1120
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- July 22 2025
Australia’s cyclone pool lowering rates in high-risk areas, yet insurance availability unchanged: ACCC
Competition regulator's insurance monitoring report says the pool is having an impact on the premiums of policyholders who live in areas with higher cyclone risk.
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- July 22 2025
‘In a more global fashion’: MSIG Specialty Marine targets Asia P&I growth, Singapore underwriting launch
CEO Tom Oostra tells InsuranceAsia News' Between The Lines podcast that the region is getting stronger and stronger and is becoming a more important part of the global market despite a range of challenges facing the marine industry.
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- July 21 2025
PVI Insurance’s H1 FY25 pre-tax profit tops US$25.8m, representing 41% increase
Original insurance premium revenue for the first half of the year exceeded US$305.8m.
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- July 21 2025
Vietnamese (re)insurers brace for Typhoon Wipha, Hong Kong facing US$255m bill
Heavy rainfall and strong winds are expected across northern Vietnam, posing risks of flooding and damage, particularly in coastal areas.
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- July 21 2025
Wenqiao Li returns to Allianz, joins commercial arm as head of distribution management
Hong Kong-based Li joins from Descartes Underwriting.
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- July 21 2025
Victor Insurance Australia appoints QBE veteran Dave Burnage as head of programs
Burnage will be responsible for driving underwriting portfolio, expanding program partnerships, and overseeing underwriting strategy at the Marsh-backed MGA.
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- July 21 2025
Zurich’s David Wang joins Starr Insurance as APAC head of financial lines
Wang spent almost 15 years in a variety of financial lines underwriting roles with Zurich.
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- July 21 2025
DB Insurance’s operating performance and capital remain strong despite unfavourable economy: AM Best
Rating agency has affirmed the financial strength rating of A+ (superior) and the long-term issuer credit rating of “aa-” (superior) of the South Korean insurer.
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- July 21 2025
PICC Hong Kong’s active expansion in inward reinsurance improves business diversification: AM Best
AM Best has revised outlooks to positive from stable and affirmed financial strength rating of A- (excellent) and long-term issuer credit rating of “a-” (excellent) of PICC HK.
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- July 20 2025
Allianz ties up with Jio Financial for India reinsurance foray
Two companies also enter into a non-binding agreement for equally owned general and life insurance JVs.
