News Page 7 / 1173
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- December 9 2025
Marine: Amid backlogs and breakdowns, Covid-19 maintenance delays put vessel safety at risk
Asia is at the sharp end of a hidden maritime risk, with post-pandemic machinery-related losses becoming an even more significant issue.
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- December 9 2025
Sing Re’s ratings bolstered by Odyssey Re guarantee: S&P Global
Rating agency assigns AA- long-term financial strength rating with stable outlook to the Singapore reinsurer, mirroring the ratings of its guarantor.
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- December 9 2025
Kiwi insurer Tower fined US$4m for misleading 61,000 customers
Tower had self-reported the issue in 2021, admitting that it had contravened the Financial Markets Conduct Act by making false or misleading claims about its multi-policy discount offer since September 2016.
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- December 9 2025
Not resting on their laurels, people-powered Miller eyes seat at South Korea’s top table
Having begun operations at the start of the year, the specialist (re)insurance broker plans expansion through organic and inorganic growth as it seeks to be among the top three brokers within the next five years, country head David Kim says.
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- December 8 2025
Meritz Fire & Marine faces US$680,000 exposure to Coupang data breach
US-listed Korean retailer is facing class action suits in the US and South Korea following a data leak that compromised information of 34 million customers.
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- December 8 2025
‘China Taiping good enough on its own’ after Wang Fuk Court fire, HKIA CEO Clement Cheung says
About 10,000 active life insurance policies from 35 insurers and 1,800 property policies from 35 insurers have been identified as having been issued to residents, he adds.
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- December 8 2025
Howden drives Dhipaya, Ping An tie-up for EV warranty products in Thailand
Thailand's Dhipaya Insurance will underwrite extended warranty insurance products for Chinese EVs backed by reinsurance capacity from Chinese insurer Ping An and placed by Howden Re.
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- December 8 2025
Angie Siu to lead Latitude Brokers’ Hong Kong teams after WTW switch
Hong Kong-based Siu joins from WTW, where she spent over 8 years, most recently as director, marine.
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- December 8 2025
‘Foreboding’ start to Australia’s bushfire season with 20 homes destroyed in NSW
A firefighter died on Sunday evening after being struck by a tree while working on a bushfire at Bulahdelah on the state’s mid-north coast.
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- December 8 2025
Mitsui Sumitomo to get WR Berkley board seat after 12.5% stake acquisition
Following the US$3bn share buy, Japanese carrier is likely to nominate a board member by March, as per an earlier agreement.
