News Page 36 / 1314
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- June 25 2026
Asia factory cyberattacks leaving billion-dollar assets underinsured, TMK says
Surge in cyberattacks targeting industrial control systems has exposed a critical insurance gap, leaving manufacturing firms vulnerable to uninsured physical damage and production stoppages despite holding large property policies, according to Tokio Marine Kiln.
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- June 25 2026
Aon’s Reinsurance Solutions names Chin Fong Teh as APAC chief of staff
Singapore-based Teh, who has two decades of experience in reinsurance operations, transformation and regional leadership, reports to Asia Pacific CEO Rupert Moore.
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- June 25 2026
MS Amlin commits US$50m to Natural Disaster Fund to aid Global South
Lloyd’s global specialist (re)insurer joins the Global Parametrics-managed fund as a commercial capacity partner.
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- June 25 2026
‘Big shoes to fill’ as Michael Abdallah departs Liberty after 27 years, Marcus Thomas named CUO
Chairman of Australia and chief underwriting officer for Asia Pacific will retire on September 30, with Hong Kong-based Thomas taking over as CUO in the region on July 1.
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- June 25 2026
Australia’s cyclone pool has moderated premiums in high-risk areas: ACCC
Pool is delivering targeted premium relief for households and small businesses most exposed to cyclone risk, although broader cost pressures continue to push prices higher nationwide.
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- June 25 2026
GIC Re targets 40% foreign business share, pivot away from overseas property cat risks: report
India’s state-owned reinsurer plans to grow in north Asia and parts of Europe, while rebalancing towards casualty and specialty lines, chairman Hitesh Joshi says.
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- June 25 2026
Japanese non-life insurers seen sustaining strong underwriting profits: Fitch
Robust underwriting profits as quiet catastrophe losses, higher domestic rates and strong overseas specialty lines support earnings.
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- June 25 2026
PSC Insurance Brokers acquires transport specialist MA Insurance Brokers
Ardonagh Group-owned Australian broking group says the deal strengthens its capabilities in the transport and logistics sector.
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- June 25 2026
HDI Global hires Amiel Poonan as property underwriter
He joins in Brisbane following broking stints at Barrack Broking and PSC Insurance Group.
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- June 25 2026
Markel taps Henry Ang as Singapore head of terrorism
Singapore-based Ang joins from Everest, where he led political violence and terrorism for Asia alongside a property underwriting role.
