News Page 39 / 1289
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- May 7 2026
Deutsche Rück unites Asia, Middle East and Latin America units into new division led by Tarik Aouad
Aouad will oversee portfolio management of the new international growth markets division with a focus on growth and cross-regional development.
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- May 7 2026
MS Amlin launches industry-first property treaty consortium, boosts line size by 35% to US$67.5m
New consortium simplifies placement for brokers and bring new capacity to Lloyd’s, with MS Amlin acting as lead underwriter, retaining authority for underwriting and claims.
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- May 7 2026
Swiss Re cut treaty volume by 8% at 1.4 renewals
Swiss reinsurer says reduction was due to cycle management amid a global reinsurance market softening.
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- May 7 2026
Korean non-life overseas businesses weaken in 2025 as nat cats bite, life insurers surge on M&A
Financial Supervisory Service says it is closely monitoring overseas operations’ financial stability, citing market volatility, Middle East tensions and climate risks.
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- May 7 2026
Chinese insurers pay US$2.2m in aftermath of deadly Hunan fireworks factory explosion: reports
PICC, Ping An, China Life, Taiping and Sunshine Insurance face the most exposure and have activated emergency response plans and sped up claims settlement.
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- May 7 2026
Allianz Commercial to transfer commercial cyber business to Coalition
Transaction can position Coalition to become the largest writer of cyber insurance globally, CEO and co-founder Joshua Motta says.
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- May 7 2026
Tokio Marine GX ‘treading carefully’ on Singapore entry as market softens, chairman says
Tokio Marine Holdings' green insurance unit is gaining traction in the green transition insurance market – yet finds itself at a 'crossroads', Fraser McLachlan tells InsuranceAsia News.
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- May 6 2026
AIG hires Ivy Thoo as senior casualty underwriter
Singapore-based Thoo joins following five years in business development managerial roles at Allianz.
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- May 6 2026
Deadly China fireworks blast triggers US$878,000 work safety payout from Ping An P&C
President Xi Jinping orders an investigation after Monday's explosion at a fireworks manufacturing hub in south-central Hunan province kills at least 26 and injures 61.
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- May 6 2026
New Zealand faces ‘pockets of vulnerability’ from rising home insurance costs: RBNZ
Rising premiums due to increasing rebuild costs, climate change and better modelling and retreat of insurers from certain areas are likely to cause financial instability, central bank says.
