News Page 29 / 1134
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- August 15 2025
Regulatory shifts drag down Lotte Insurance H1 2025 profits
Insurance operating profit for the half stood at KRW21.6 billion, reflecting the direct impact of these regulatory changes in the first quarter.
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- August 15 2025
Frontier Global taps Tokio Marine HCC for commercial PI capacity in Australia, New Zealand
Financial lines specialist MGA will target mid-market to large corporate clients.
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- August 15 2025
Canopius adds Jinnan Tang to Singapore casualty treaty team
Tang joins the Lloyd's carrier from MS Amlin and will report to Andrew Parker, head of casualty treaty APAC.
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- August 15 2025
L&H powers Allianz’s Asia H1 growth as operating profit surpasses half-a-billion mark
The carrier's P&C units' business volume rose 9% to US$1.3bn supported by strong growth in China and Malaysia.
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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.
