News Page 8 / 1169
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- November 29 2025
Full Capacity: Rise of the machines: AI transition and job losses
This week's newsletter discusses the HK fire, nat cat updates, Munich Re's Australia push, Korean Re's Gift City entry, Roojai's PE funding, a P&I merger, and the AI dilemma for the insurance market.
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- November 28 2025
Thailand, Malaysia, Indonesia reel from flood damage, losses in the ‘hundreds of millions’: Aon
Cyclone Senyar, a rare tropical cyclone in the Malacca Strait, and heavy rainfall triggered flooding that affected millions, with total economic damage in Thailand estimated at US$360–740m.
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- November 28 2025
Steadfast, Canopius, Munich Re, Generali GC&C, Sedgwick: 11 APAC insurance people moves of the week
Howden, Sompo, GT Insurance, HDI Global, vrs Adjusters and Ace Insurance Brokers also made personnel changes over the last week.
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- November 28 2025
Wang Fuk Court: China Taiping confirms it provided coverage for all major insurance policies as death toll passes 120
Hong Kong insurer says it underwrote the construction works insurance, construction employee compensation insurance, owners' corporation third-party liability insurance, property insurance, and public liability insurance for the public housing estate, as first reported by IAN.
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- November 28 2025
ICA extends insurance cat declaration to across Queensland, New South Wales
Insurers have received more than 44,600 claims for Cat 255, or the 'Qld and NSW Severe Storms and Hail'.
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- November 28 2025
Sompo Indonesia appoints Doly Ritonga as executive officer
He has over two decades of experience working in insurance, and joins from local assurance firm Avrist.
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- November 28 2025
Korean Re approved to open branch in India’s Gift City
South Korean reinsurer plans to officially commence operations in April.
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- November 28 2025
Laid-off Steadfast COO Noelene Palmer was source of complaint against CEO Robert Kelly: AFR
Complaint from Palmer, who was made redundant earlier this week, involved at least one allegedly inappropriate comment, according to The Australian Financial Review.
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- November 28 2025
Swiss Re-backed Fathom touts ‘modern view of risk’ to compete in underserved APAC
UK-headquartered flood risk intelligence firm wants to grow its presence in Singapore, Hong Kong, and China, head of insurance Harry Vardigans tells InsuranceAsia News.
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- November 27 2025
UK P&I Club, TT Club in early merger talks
Clubs, which have operated closely under their common manager Thomas Miller, say their boards agreed at meetings this month to explore options.
