News Page 64 / 1174
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- August 27 2025
PICC P&C underwriting profit surges 45% to US$2bn on motor, property gains
China's large non-life carrier posted a combined ratio of 94.8%, a 1.4 percentage point improvement.
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- August 27 2025
Hanoi flooding from Typhoon Kajiki expected to result in limited commercial claims
While the windstorm has caused significant damage, it did not hit the industrial areas, unlike Typhoon Yagi last year.
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- August 27 2025
Steadfast taps Stella Pruscino as head of broker network
Melbourne-based Pruscino has previously held senior roles at Edgewise Insurance Brokers and WTW.
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- August 27 2025
South Korea’s non-life insurers’ H1 FY25 net income tumbles 19%
Drop driven by erosions in insurance income, underscoring pressure from rising claims costs across major lines.
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- August 27 2025
Kiwi MGA Delta Insurance promotes Krisann Pereira to property team lead
She takes over responsibility for Auckland and the rest of New Zealand in the latest move involving the MGA.
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- August 27 2025
Analytics: Lloyd’s Asia surpasses US$1bn GWP milestone in 2024 amid double-digit growth
Offshore fund demonstrates strong performance despite challenges in the Singapore unit and varied underwriting results across business lines.
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- August 26 2025
Ping An P&C H1 topline up 7%, COR down to 95.2%
Chinese carrier’s premium income increased US$23.6bn.
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- August 26 2025
Scor Singapore to transfer entire business to Scor Re APAC
Proposed transfer, expected to take effect on January 1, is intended to create a more agile and efficient organisation.
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- August 26 2025
Australia home loan guarantee plan risks soaring house prices, outstripping LMI gains: ICA
Industry lobby calls for scheme to be targetted at buyers who genuinely need it to avoid the effective nationalisation of the lenders mortgage insurance (LMI) market.
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- August 26 2025
Zurich Malaysia promotes Yuan Feng Hoo to chief pricing actuary
Hoo, who has also been handed head of technical excellence role, has previously held multiple P&C leadership positions with the insurer.
