News Page 44 / 1162
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- September 10 2025
Global offshore energy premiums declined 7.9% to US$4.34bn in 2024: IUMI
Reduction was most pronounced in the European market, while Japan, Malaysia, and Egypt reported stable-to-downward trends, the International Union of Marine Insurance (IUMI) reported at its annual conference in Singapore this week.
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- September 10 2025
Wind tops weather risks for Australians after stormy winter: IAG
Few protect their property despite Australia having 'some of the strongest and most variable winds in the world', according to a poll from IAG's NRMA Insurance.
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- September 10 2025
AIG promotes Naoko Masu to head of multinational for Japan
She has been with AIG for over 23 years, and was previously head of credit lines.
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- September 9 2025
Midea Group founder takes 11.5% stake in Samsung P&C China: reports
Acquisition from Yuxing Technology Development will make Foshan Shunde District Junlan Hotel Management the third-largest shareholder, pending regulatory approval.
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- September 9 2025
Allianz, Jio Financial confirm reinsurance JV incorporation
Allianz Jio Reinsurance (AJRL) will conduct reinsurance business in India following its incorporation on Monday.
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- September 9 2025
Ariel Re to launch new Lloyd’s syndicate 2006
Ariel Re, which underwrites business in Hong Kong, Bermuda, and London, has been given provisional approval from the UK exchange.
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- September 9 2025
Indonesian protests to result in ‘substantial’ losses, but PV market capacity not a concern
Claims likely to arise from riot, strikes, civil commotion and malicious damage perils from the protests which started in late August, sources told InsuranceAsia News.
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- September 9 2025
World Bank to back 5-year climate shield for Philippines agriculture
US$70 million initiative will create a co-insurance pool that offer protection from escalating climate-related risks.
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- September 9 2025
Ray Wong joins Canopius’ energy team in Singapore
He joins from Lancashire Insurance as an energy underwriter, reporting to APAC head of energy and construction Johnny Kim.
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- September 9 2025
Howden strengthens Pacific cyber offering with Lockton hire
Jack Bassett relocates to Sydney from London, where he had been assistant vice president at Lockton.
