News Page 43 / 1261
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- March 13 2026
Exclusive: Munich Re ships Sompo veteran Koki Shiomi as marine underwriter in Japan
Shiomi will start from April and report to Justin Xu, regional head of marine Asia Pacific for the global reinsurer.
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- March 13 2026
Australian cyber market softening slows as threat level increases: Gallagher
Demand for cyber insurance in Australia is escalating following high-profile breaches and advances in technology, broker says.
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- March 13 2026
Petronas captive’s ratings downgraded as operating volatility persists: AM Best
Energas Insurance, which took a hit from a gas pipe explosion last year, has been affected by higher‑than‑expected large loss frequency, soft market and reserve strengthening.
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- March 13 2026
QBE adds Joanna Balmer to New Zealand corporate team
Balmer, has over two decades of experience in the industry, joins from WTW.
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- March 13 2026
Opinion: Russian marine insurers in India look increasingly secure after US oil waiver
A brief sanctions reprieve and India’s interim extension to Russian insurers help sustain marine cover for Russian oil shipments, preserving trade flows between the two countries.
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- March 13 2026
Hannover Re’s APAC P&C revenue falls 14.3% to US$1.9bn
Reinsurer's group COR improved to 84%, with the net reinsurance service result rising to US$3bn.
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- March 12 2026
Perils lowers Cyclone Alfred final insured losses estimate to US$1.34bn
Personal lines accounted for 70% of total industry losses, commercial lines 26%, and motor lines 4%.
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- March 12 2026
Generali Asia P&C operating profit drops to US$78.5m in FY25 as COR edges above 100%
The Italian insurer warned that Asia was most exposed to the Iran conflict due to Strait of Hormuz oil reliance.
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- March 12 2026
HDFC Ergo promotes Parthanil Ghosh to MD and CEO
Mumbai-based Ghosh has been an executive director with the carrier since May 2025.
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- March 12 2026
Iran conflict heightens specialty insurance tail risks: Moody’s
Beyond marine and aviation, PVT and SRCC coverage carries uncertainty, but insurers are enjoying strong demand and rate hikes, the rating agency said.
