News Page 43 / 1174
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- October 8 2025
Rajesh Pawar to become interim MD at GIC Re as Ramaswamy Narayanan retires: reports
Pawar is currently a general manager of the Indian state-owned reinsurer.
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- October 8 2025
MSFC upgraded amid robust capital position, stable underwriting: AM Best
Global rating agency upgrades MS First Capital Insurance's (MSFC) rating to A+ (superior) from A (excellent), while its rating outlook was revised to stable from positive.
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- October 8 2025
ARPC in ‘strong financial position’ despite ‘large scale’ impact of ex-Tropical Cyclone Alfred
Australian Reinsurance Pool Corporation suffered an operating deficit of US$587.5m during the 2024-25 financial year, according to its annual report.
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- October 8 2025
Japanese offshore wind a ‘big opportunity’ for (re)insurers: Tokio Marine
Head of marine, hull and energy Hiroyuki Ishijima speaks to InsuranceAsia News about Japan's target of having at least 30-45 gigawatts of offshore wind capacity by 2040.
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- October 7 2025
Gallagher Insurance NZ acquires Auckland-based brokerage 2Insure
Gallagher Insurance New Zealand continues its expansion with the acquisition of the licensed insurance brokerage and financial advice provider, which was founded by David Lim in 2014.
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- October 7 2025
Vietnam’s Typhoon Bualoi insurance payouts cross US$13m
Vung Ang 2 thermal power plant is believed to have suffered the biggest loss following typhoon Bualoi, which killed at least 53, injured 165 and left 14 missing after hitting 12 Vietnamese provinces last week.
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- October 7 2025
WTW promotes Emma Spencer to account director in Brisbane
Industry veteran had previously worked with Marsh Australia and New Zealand, Aon Risk Solutions and Macquarie Group.
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- October 7 2025
Christoph Spichtig to lead Ageas Re’s APAC property underwriting
Zurich-based Spichtig joined Ageas Re as lead underwriter for Asia Pacific in September following over 17 years with Scor.
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- October 6 2025
Australia’s insurance losses down 25% in 2024–25, ICA says
Declared events over the 12 months to June 30, 2025, included one cyclone and two floods, according to the Insurance Council of Australia (ICA).
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- October 6 2025
Rokstone adds 2 veteran marine underwriters to Singapore team
Specialty MGA is building out its Singapore hub led by Rama Chandran.