News Page 49 / 1206
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- November 20 2025
ICNZ welcomes move to leave natural hazards levy unchanged
The levy, collected by insurers on behalf of the government, helps ensure the Natural Hazards Commission (NHC) is funded to provide basic cover for natural disasters such as earthquakes, landslides and flooding.
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- November 20 2025
Lockton launches APAC power and energy committee, promotes Harsh Chhajer to drive growth
Committee will be co-chaired by Carol Chan, head of real estate and construction, power and energy and greater China at Lockton, and Julio Camang, deputy CEO of Thailand.
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- November 20 2025
Gallagher Re names Parrus Kunvarji as APAC executive director for customised solutions
He joins from Pacific International Insurance, having also worked for Willis Re.
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- November 20 2025
Hong Kong launches marine war risk insurance pool
Initiative, announced by chief executive John Lee earlier this year, is managed by Alliance Risk Transfer and its founding members include China Taiping, PICC, CMB Wing Lung, CPIC and Asia Insurance.
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- November 19 2025
Sompo P&C’s adjusted profit rises 50% to US$1.5bn
Improved performance mainly driven by lower nat cat costs and profit improvement in domestic P&C.
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- November 19 2025
Marsh Asia president James Addington-Smith to become UK CEO
Marsh McLennan Asia CEO David Jacob will assume the additional role as president of Marsh Asia.
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- November 19 2025
Tokio Marine posts strong H1 domestic non-life underwriting performance, overseas results hit by forex losses
Results driven by a decrease in nat cat losses and rate increases for Japan P&C, as well as a strong underwriting performance for the international business.
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- November 19 2025
MS&AD’s premiums grow 6% in H1, raises FY25 financial forecasts
Japanese insurance conglomerate grew its group written premiums to US$17.35bn during the H1, up 6.2% from the same period in 2024.
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- November 19 2025
Malaysian Re to face ‘mild deterioration’ in overseas underwriting: Fitch
Affirms IFS rating at A (Strong) with a stable outlook, based on the reinsurer’s moderate company profile, very strong capitalisation, and strong financial performance and earnings.
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- November 19 2025
ARPC declares cyclone event as Tropical Cyclone Fina strengthens
First tropical cyclone of Australia’s storm season has developed off the country’s northern coast.
