News Page 59 / 1276
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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.
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- March 12 2026
Warburg Pincus weighs sale of Oona Insurance after buyer interest: Bloomberg
The private equity firm has hired Citigroup to review strategic opportunities for the Southeast Asian digital general insurer.
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- March 12 2026
MS&AD elevates Clemens Philippi to chief strategy officer for international business
Norihiro Tanaka will become chairman of MSIG Asia, succeeding Tetsuya Adachi, who 'will conclude his tenure with the group'.
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- March 12 2026
ICA declares significant event following Northern Territory, Queensland floods
Heavy rain and flash flooding has struck Queensland and the Northern Territory this week.
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- March 12 2026
DFC mandates Chubb to lead US$20bn reinsurance facility for Gulf trade
Resuming the flow of trade through the strait of Hormuz is vital for world energy supply.
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- March 11 2026
Aon Malaysia hires Generali’s Janice Wong as senior vice president for corporate
Wong was most recently head of broking at Generali Malaysia, where she worked for over 25 years, starting as an assistant general manager.
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- March 11 2026
Starr appoints Vivian Xiao Wei as China head of financial lines
Shanghai-based Xiao has 17 years of underwriting experience, with a strong background in financial lines.
