News Page 35 / 1301
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- June 3 2026
AM Best upgrades Hong Kong reinsurer FuSure on strong balance sheet, Tencent backing
Rating agency upgrades financial strength rating to A (excellent) and long-term issuer credit ratings to a (excellent).
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- June 3 2026
Kyobo Life enters race to acquire Yebyeol Non-Life: reports
Korea Investment Holdings and Heungkuk Fire & Marine Insurance are also weighing bids for the bridge insurer after the Korea Deposit Insurance Corporation relaunched the sale process last month.
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- June 3 2026
Lockton hires ex-BMS executive Sam Suen as MD for Asia emerging risks
His move follows the closure of BMS' Hong Kong office, with former BMS Asia CEO Sandra Lee also set to join the US broker.
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- June 3 2026
ICNZ wants fire and emergency levy scrapped, replaced with disaster prevention funding
Insurance Council of New Zealand (ICNZ) says reforms could redirect over US$355m a year into disaster prevention projects.
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- June 3 2026
Cargo parametric insurer charts route to US$68bn protection gap with ‘new shiny object’
Founder and CEO Yann Barbarroux tells InsuranceAsia News’ Between the Lines podcast that Otonomi is scaling up its cargo-delay cover on rising demand from brokers, freight forwarders, and shipping lines.
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- June 2 2026
Mapfre Re names Chaturbhuj Bansal as head of India branch
He has over 16 years of experience in the insurance and reinsurance industry and will be based in the Spanish reinsurer's Gift City branch.
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- June 2 2026
Marsh hires Kazutoyo Kobayashi as senior vice president for credit specialities in Japan
Tokyo-based Kobayashi was most recently a client manager at Munich Re.
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- June 2 2026
Willis taps Chintan Aashwini in India to bolster Asia M&A practice
He has been appointed as a director in the broker's regional mergers and acquisitions team.
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- June 2 2026
Toa Re makes changes to Japan, Singapore leadership
Japanese reinsurer appoints Masahiro Yamada as managing director for Japan, with Ryo Yokochi named as CEO of its Singapore Branch.
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- June 2 2026
Typhoon Jangmi batters Japan’s Okinawa and Kagoshima, heads for Kyushu
Tropical storm injures at least nine people and leaves over 48,000 homes without power as of Tuesday afternoon.
