News Page 50 / 1276
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- March 27 2026
CPIC’s P&C insurance division shows ‘marked improvement’
Combined ratio fell by 1.1% to 97.5% in FY25, while the division’s primary premium income was almost flat at US$29.6bn.
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- March 27 2026
Opinion: Will Asia be the ultimate beneficiary of Donald Trump’s Gulf maritime reinsurance plan?
Chubb has outlined the structure of the US$20bn facility, but owners may instead opt to bypass the Strait of Hormuz altogether.
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- March 27 2026
PICC P&C’s FY25 underwriting profit zooms 119% to US$1.8bn, COR down to 97.5%
China's largest insurer reported premium income of US$80bn, while its net profit grew 25% to US$5.8bn.
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- March 27 2026
Jeremy Robson named acting Suncorp CEO
Robson will fill in for CEO Steve Johnston, who is taking medical leave.
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- March 26 2026
Ping An P&C doubles FY25 underwriting profit to US$1.5bn, COR improves to 96.8%
Chinese carrier's insurance revenue rose by 3.3% year-on-year to US$49bn.
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- March 26 2026
Middle East turmoil could test Asian insurers’ resilience, S&P warns
Disruptions to supply chains and heightened geopolitical tensions are expected to fuel inflation, slow growth and increase financial-market volatility, eroding insurers’ capital buffers.
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- March 26 2026
Allianz Jio Re JV begins operation, appoints Sonia Rawal as CEO
Mumbai-headquartered reinsurance JV will underwrite in India, effective immediately, across all lines of business, life and non-life, treaty and facultative.
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- March 26 2026
China Taiping’s Hong Kong P&C COR hits 103.4% in FY25 after Wang Fuk Court fire
Fall in underwriting results comes after its exposure to November's fire, which killed 168 people.
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- March 26 2026
Kiwi insurer Tower appoints Simon Hoole as interim CFO
He replaces Angus Shelton, who will commence a period of planned extended leave from May 1, having served as interim CFO since February 2025.
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- March 26 2026
Talbot hires Axa XL’s Grace Yeap as property underwriter
Singapore-based Yeap was most recently crisis management and special risks underwriter at Axa XL.
