News Page 72 / 1290
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- March 13 2026
Petronas captive’s ratings downgraded as operating volatility persists: AM Best
Energas Insurance, which took a hit from a gas pipe explosion last year, has been affected by higher‑than‑expected large loss frequency, soft market and reserve strengthening.
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- March 13 2026
QBE adds Joanna Balmer to New Zealand corporate team
Balmer, has over two decades of experience in the industry, joins from WTW.
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- March 13 2026
Opinion: Russian marine insurers in India look increasingly secure after US oil waiver
A brief sanctions reprieve and India’s interim extension to Russian insurers help sustain marine cover for Russian oil shipments, preserving trade flows between the two countries.
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- March 13 2026
Hannover Re’s APAC P&C revenue falls 14.3% to US$1.9bn
Reinsurer's group COR improved to 84%, with the net reinsurance service result rising to US$3bn.
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- March 12 2026
Perils lowers Cyclone Alfred final insured losses estimate to US$1.34bn
Personal lines accounted for 70% of total industry losses, commercial lines 26%, and motor lines 4%.
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- March 12 2026
Generali Asia P&C operating profit drops to US$78.5m in FY25 as COR edges above 100%
The Italian insurer warned that Asia was most exposed to the Iran conflict due to Strait of Hormuz oil reliance.
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- March 12 2026
HDFC Ergo promotes Parthanil Ghosh to MD and CEO
Mumbai-based Ghosh has been an executive director with the carrier since May 2025.
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- March 12 2026
Iran conflict heightens specialty insurance tail risks: Moody’s
Beyond marine and aviation, PVT and SRCC coverage carries uncertainty, but insurers are enjoying strong demand and rate hikes, the rating agency said.
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- March 12 2026
Warburg Pincus weighs sale of Oona Insurance after buyer interest: Bloomberg
The private equity firm has hired Citigroup to review strategic opportunities for the Southeast Asian digital general insurer.
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- March 12 2026
MS&AD elevates Clemens Philippi to chief strategy officer for international business
Norihiro Tanaka will become chairman of MSIG Asia, succeeding Tetsuya Adachi, who 'will conclude his tenure with the group'.
