News Page 7 / 1314
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- August 12 2026
Typhoon Dolphin losses hit US$178m as Beijing battles heavy rain, floods
Insurers across five provincial-level regions have received nearly 100,000 claims reports, with Ping An's estimated payouts exceeding US$96m.
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- August 12 2026
Kyobo Life eyes Axa Korea takeover to re-enter non-life market: report
If completed, the deal would bring Axa Korea back under Kyobo Life's wing after over two decades.
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- August 12 2026
Suncorp FY26 net profit slides 44% on US$1.4bn nat cat bill
Queensland-based carrier's GWP was up 3% year-on-year to US$11bn, while insurance service result was down 23% to US$850m.
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- August 12 2026
Suncorp reshuffles leadership team after profits tumble
Bridget Messer takes on a new role, with Michelle Bain taking over as chief risk officer, while Lisa Harrison and Michael Miller swap roles.
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- August 11 2026
Mandarin Re increases paid-up capital to US$26m
Capital increase willl support the Labuan-based reinsuer's US$70m GWP target for 2026.
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- August 11 2026
Jeong-Sook Kim joins UK P&I Club to steer South Korea presence
She is a qualified maritime lawyer who previously worked for Steamship Mutual for over a decade.
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- August 11 2026
Ian Clendenning to join Integra Technical Services as global head of mining
Veteran loss adjuster has over four decades of experience across Asia Pacific, Europe and the Middle East,
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- August 11 2026
H1 2026 nat cat losses at US$42bn, 16% below 10-year trend: Swiss Re
Insurance picked up around 42% of first half economic losses, above the 30-year average of 33%, as damage was concentrated in highly insured markets.
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- August 11 2026
Record capital, strong earnings put reinsurance underwriting discipline to the test: AM Best
Availability of alternative avenues for capital deployment potentially reduces pressure to compete aggressively within any single segment of the market.
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- August 11 2026
MS First Capital’s new Gift City branch commences reinsurance operations
CEO Vikas Shukla also confirms the appointment of S Venugopalan as the CFO of operations within India's special economic zone.
