News Page 6 / 1173
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- December 11 2025
ACCC opposes IAG’s deal for RAC Insurance
Australia's antitrust regulator says the deal would undermine competition in Western Australia in home and motor insurance, but the insurer intends to contest the decision.
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- December 11 2025
Descartes shakes things up with Japan earthquake launch, treaty parametric push to drive APAC growth
As traditional cat reinsurance tightens and retentions harden, Descartes is betting big on parametric covers, fresh capacity, and Japan as a launchpad for change, APAC head Ben Qin tells InsuranceAsia News.
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- December 10 2025
PICC vice president resigns amid state investigation into disciplinary breach
Zhang Daoming named temporary responsible officer for the state-backed insurer following Yu Ze's resignation.
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- December 10 2025
Japan downgrades loss estimates from a potential Tokyo earthquake to US$530bn
A 7.3-magnitude earthquake hitting the metropolitan area could also kill 18,000 people in the worst-case scenario, the draft government estimate showed.
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- December 10 2025
Sompo boosts Hong Kong underwriting structure with double promotion
Ophelia Szeto and Jessica Lai will assume their new roles with the insurer from January 1.
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- December 10 2025
The Standard Club Asia goes into run-off as all renewals switch to NorthStandard
All insurance business previously underwritten by The Standard Club Asia will be renewed into NorthStandard from February 20.
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- December 10 2025
HDI Global eyes ‘one-stop shop’ with further hires, product launches in Southeast Asia
Cristiano Pizzocheri, head of market management for Southeast Asia, South Asia, and the Middle East in Singapore, tells InsuranceAsia News that the insurer plans to add more staff in Singapore in 2026 and bring financial lines, A&H, cyber products to the region.
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- December 9 2025
Over half of US$10bn losses from recent Southeast Asian floods attributable to business interruption: Moody’s
Modelling specialist noted that some atmospheric indicators suggest that parts of Southeast Asia are already experiencing La Niña-like conditions.
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- December 9 2025
Japan issues megaquake alert after 7.5-magnitude earthquake
There is a slight increase in risk of a magnitude 8-level quake and possible tsunami occurring along Japan’s northeastern coast from Chiba, just east of Tokyo, to Hokkaido, according to the Japan Meteorological Agency.
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- December 9 2025
Aaron Shead becomes head of property for Chubb’s overseas general insurance business
He has been with the US insurer for over 25 years in Asia, Bermuda and the UK.
