News Page 6 / 1347
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- October 9 2026
Hong Kong insurers to extend mandatory motor, employees’ compensation cover to new Huanggang port area
Market agreement signed between the government and the industry ahead of the port's official opening next Monday.
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- October 9 2026
TT Club and UK P&I Club members vote to merge, creating Unified Transport Mutual
The combination is effective from February 20 next year and is expected to generate a 5% improvement in the merged entity’s COR.
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- October 9 2026
Bajaj Finserv, Aviso Specialty, Swiss Re CorSo, Everest, Lockton: 13 APAC insurance people moves of the week
Mitsui Bussan Pana Harrison, Marsh, Axa XL, Great Eastern, HDI Global, Knightcorp, Ace Insurance Brokers and Howden Re also made personnel changes over the last week.
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- October 9 2026
HDI Global Japan names Kei Kimura as general manager of distribution and marketing
Kimura joined the German insurer's Japan branch on October 1.
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- October 9 2026
Howden Re hires Titus Wu as associate director for APAC facultative
Wu relocated to Singapore from Hong Kong, where he was most recently an associate director at Aon.
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- October 9 2026
Thailand’s insured flood losses to date in 2026 at US$297–327m: OIC
Carriers escaped major losses in the latest event because property policies now include flood sublimits that cap insurer liability and prevent runaway losses, says Crawford's Sompong Suriwong.
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- October 9 2026
Tuvalu becomes 13th member of PCRIC, securing cyclone coverage
Work is also already underway to develop a tailored drought insurance product for Tuvalu, expected to be available in early 2027.
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- October 8 2026
Specialty MGA hires David Higgins to lead global bloodstock expansion
MNK Group's new portfolio will have a global remit, with a particular focus on opportunities in Australasia, the US, the UK, and Europe.
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- October 8 2026
Business interruption claim severity up more than 30% a year: Allianz Commercial
While volume of claims remained stable, value has increased sharply in recent years due to geopolitical tensions and increasing cyber and technological risk.
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- October 8 2026
APAC data centre expansion concentrates risk across construction, power, operations and cyber: Howden
Insurers and brokers are increasingly providing integrated programs addressing both construction and operational phases, with delay in start-up cover responding only to delays caused by an underlying insured physical loss event.
