News Page 29 / 1314
-
- July 8 2026
Australian MGA MLX Risk Partners secures licence
Lloyd's coverholder, led by managing director Sam Reid, specialises in placing complex commercial, industrial, and high-risk operations.
-
- July 8 2026
Aon taps Jess Kang as APAC head of data and analytics
She takes charge of Aon's data and analytics strategy across the region having joined from QBE Insurance in Singapore
-
- July 8 2026
Sompo swoops for US workers’ compensation specialist Service Insurance Companies
Acquisition deepens Sompo's presence across products, customer segments and distribution channels, particularly within the SME and general agent markets.
-
- July 7 2026
Wild weather hits China as Typhoon Maysak floods Guangxi, deadly storms tear through Hubei, Super Typhoon Bavi loom
Events on Monday caused widespread damage, including a dam collapse, leaving at least 15 people dead and tens of thousands affected.
-
- July 7 2026
Sompo appoints Maureen Ung as director for commercial distribution
She has nearly 20 years of experience across customer strategy, claims, and commercial distribution in the Asia-Pacific insurance market.
-
- July 7 2026
Singapore targets 2028 launch of protected cell company regime for captives, ILS, sovereign pools
Monetary Authority of Singapore opens consultation on a proposed legislative framework for the new regime aimed at deepening alternative risk transfer solutions.
-
- July 7 2026
Howden hires trio to grow employee benefits, financial lines in Hong Kong
Broker appoints Eugene Wong as employee benefits practice lead, Alan Sze as associate director for employee benefits sales, and Jason Lam as associate director for financial lines.
-
- July 7 2026
APRA overhauls reinsurance framework to allow alternative cover, cut red tape
New regime, due to take effect from January, will modernise Australia's prudential framework, expand access to alternative reinsurance and give appointed actuaries greater authority over capital treatment, reducing regulatory approvals.
-
- July 7 2026
Hong Kong’s first virtual insurer eyes Malaysia-led Southeast Asia push after hitting ‘critical’ US$100m revenue milestone
Life insurer Bowtie expects to break even 'quite soon' on the back of rapid growth and a 93% customer retention rate, co-founder Fred Ngan told InsuranceAsia News.
-
- July 7 2026
New South Wales emergency services levy reform could save US$347m in economic costs, lower premiums: ICA analysis
Independent economic analysis released by the Insurance Council of Australia (ICA) shows reforms would deliver more money to over two million households, with most saving at least US$38 a year.
