News Page 44 / 1302
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- May 20 2026
Sompo posts record US$4bn profit, up 163% on lower nat cat losses, strong underwriting gains
Group’s insurance service result rose 93.5% to US$3.7bn, while consolidated net profit increased 71% to US$3.1bn
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- May 20 2026
MS Amlin posts 30% jump in insurance service result, COR down to 83%
Net premium written increased 27% to US$2.5bn, while its net profit rose 80% to US$345m.
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- May 20 2026
Zurich elevates Kin Lee to APAC head of energy
Singapore-based Lee will lead the development and execution of the underwriting strategy for Zurich’s energy portfolio across the region.
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- May 20 2026
Aon Malaysia confirms double leadership promotions
Country CEO Neelay Patel confirms the promotions of Ming Hui Lim and Ram Nandrajog.
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- May 20 2026
Aon appoints Tokio Marine veteran Max Hirai as Japan CEO
He was most recently Asia CEO for Tokio Marine Holdings in Singapore.
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- May 20 2026
Asia’s ‘interlinked’ protection gaps require a virtuous cycle of risk reduction, insurance, and government backing: GAIP
CEO Min Hung Cheng tells InsuranceAsia News about the non-profit organisation's three interdependent layers of solutions to address risk and protection gaps.
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- May 19 2026
Malaysian Re parent snaps up Labuan Re in US$100m deal
MNRB Holdings will acquire 80% of the reinsurer, while Malaysian Re will retain its 20% stake.
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- May 19 2026
Seadrif taps Richard Poulter to lead sovereign asset and fiscal empowerment facility
He was formerly chief risk officer at the Pacific Catastrophe Risk Insurance Company.
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- May 19 2026
Insurance adviser Pro Global expands into APAC with Australian acquisition
Acquisition extends territorial coverage for audit and advisory services into Australia, supporting clients with increasingly complex oversight, governance and operational resilience requirements across multiple jurisdictions.
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- May 19 2026
Markel, Willis launch dedicated nuclear insurance facility
Facility will provide capacity property damage and business interruption cover for nuclear-critical and conventional exposures spanning construction through to operation.