News Page 9 / 1235
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- March 27 2026
PICC P&C’s FY25 underwriting profit zooms 119% to US$1.8bn, COR down to 97.5%
China's largest insurer reported premium income of US$80bn, while its net profit grew 25% to US$5.8bn.
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- March 27 2026
Jeremy Robson named acting Suncorp CEO
Robson will fill in for CEO Steve Johnston, who is taking medical leave.
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- March 26 2026
Ping An P&C doubles FY25 underwriting profit to US$1.5bn, COR improves to 96.8%
Chinese carrier's insurance revenue rose by 3.3% year-on-year to US$49bn.
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- March 26 2026
Middle East turmoil could test Asian insurers’ resilience, S&P warns
Disruptions to supply chains and heightened geopolitical tensions are expected to fuel inflation, slow growth and increase financial-market volatility, eroding insurers’ capital buffers.
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- March 26 2026
Allianz Jio Re JV begins operation, appoints Sonia Rawal as CEO
Mumbai-headquartered reinsurance JV will underwrite in India, effective immediately, across all lines of business, life and non-life, treaty and facultative.
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- March 26 2026
China Taiping’s Hong Kong P&C COR hits 103.4% in FY25 after Wang Fuk Court fire
Fall in underwriting results comes after its exposure to November's fire, which killed 168 people.
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- March 26 2026
Kiwi insurer Tower appoints Simon Hoole as interim CFO
He replaces Angus Shelton, who will commence a period of planned extended leave from May 1, having served as interim CFO since February 2025.
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- March 26 2026
Talbot hires Axa XL’s Grace Yeap as property underwriter
Singapore-based Yeap was most recently crisis management and special risks underwriter at Axa XL.
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- March 26 2026
Sompo names Soo Wai Har as CEO for Malaysia P&C arm
Kuala Lumpur-based Soo will take over the role from Tan Sek Kee, who will retire after nine years.
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- March 26 2026
New Zealand’s Ando taps Mike Bodman as head of marine
He was previously based in Boston as AIG's vice president and east region manager.
