News Page 7 / 1347
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- October 8 2026
AM Best maintains stable outlook for Indonesia non-life sector
Robust economic growth and capital strengthening measures are supportive of the industry's profitability, according to AM Best.
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- October 8 2026
GIC Re’s investment income makes up for lack of technical profits: AM Best
Rating agency has affirmed the financial strength rating of A- (excellent), the long-term issuer credit rating of “a-” (excellent) and the national scale rating of aaa.IN (exceptional) of GIC Re, all with stable outlook.
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- October 8 2026
South Korea’s OK Financial signs deal to acquire Yebyeol Insurance from KDIC
KDIC will provide US$737m in financial support as part of the deal.
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- October 8 2026
Marsh elevates Sonya Febbo to Australia head of authorised representatives for corporate, commercial
Melbourne-based Febbo previously spent over 15 years as managing director of XS Insurance, a corporate authorised representative of Marsh.
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- October 8 2026
Exclusive: Meritz Korindo chief denies reports of stake sale by Meritz Fire & Marine
Cha Hee Jun, president director of the company, told InsuranceAsia News that the Korean insurer has no plans to sell its stake in the Indonesian JV.
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- October 8 2026
IAG, RAC seek tribunal review of ACCC’s US$940m deal block
Companies have lodged separate filings with the Australian Competition Tribunal to overturn regulator’s decision.
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- October 8 2026
Aviso Specialty hires Marsh veteran Eric Wojcik to stand up capital solutions group
Wojcik, who joins as head of capital and guarantee solutions, will start in his new role from March next year.
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- October 7 2026
Awbury Syndicate 2025 launches Japanese underwriting operations
The Lloyd's syndicate will underwrite credit and financial risk business with policies issued locally through Lloyd's Japan.
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- October 7 2026
Mitsui Bussan Pana Harrison appoints Alice Lim as head of general insurance
She replaces Lisa Marbon, who will continue in a senior capacity, focusing on strategic client relationships, business initiatives, and supporting the company.
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- October 7 2026
Lockton taps Kenichiro Miki as senior consultant for Japan business
He joins from Price Forbes where he was head of its Japan practice.