Industry Segments: Insurers Page 1 / 8
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- July 10 2025
Zurich hands Jim Qin expanded role as CEO for Hong Kong life and general insurance arms
Qin has been the CEO for the global insurer's Hong Kong general insurance business since 2021.
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- July 9 2025
Emerging Asia ex-China to boost non-life premiums as global growth decelerates amid US tariff policy: Swiss Re
Global non-life premiums expected to grow 2.6% in real terms to US$4.8trn in 2025, according to the reinsurer's Sigma report.
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- July 9 2025
Mitsui Sumitomo to acquire Japanese W&I specialist MGA Time Machine
Japanese insurance group MSI will take a majority ownership of the MGA on August 1, and the remaining shares later to make it a 100% subsidiary.
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- July 8 2025
India mandates Ace Insurance Brokers to study feasibility of local P&I club setup: report
The move comes two years after finance ministry flagged the need for establishing a full-fledged, India-owned P&I entity.
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- July 8 2025
MSIG Malaysia CEO Chua Seck Guan retires after 15 years at helm; Ang Yien Chia named successor
Chua will continue to serve in a senior advisory capacity, helping to maintain continuity across strategic initiatives and key stakeholder relationships.
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- July 7 2025
Swedish Club appoints Julia Ju as chief executive of Hong Kong branch as Lars Malm departs
The P&I club has also appointed Jason Wu as regional director for underwriting in greater China.
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- July 7 2025
China’s ZhongAn raises US$500m via secondary placement in Hong Kong
The proceeds will primarily support the Chinese digital carrier's core insurance and asset management business.
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- July 7 2025
AIG hires Allison Emery in newly created Pacific delegated underwriting authority lead role
Sydney-based Emery joins the insurer from Lockton, where she was head of market management and key partnerships.
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- July 7 2025
FWD Group debuts on Hong Kong stock exchange
Hong Kong insurer raised US$445m from the IPO, valuing the company at over US$6bn.
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- July 3 2025
FWD Group’s US$442m Hong Kong IPO covered 38 times: report
Local media reported Hong Kong insurer attracted US$1.7bn from retail bookbuilding, with trading set to start on Monday.
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- July 3 2025
Japanese non-life insurers to rely more on underwriting, global growth: Fitch
Three major insurance groups - Tokio Marine, MS&AD, and Sompo - reported a sector-wide combined ratio of 99% in FY2025.
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- July 3 2025
Markel hires Joanna Quigan as senior underwriter for professional and financial risks
She will be based in Melbourne and report to Kym Beazleigh, head of professional and financial risks.
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- July 3 2025
AIG appoints Sandeep Gopal as APAC CRO
Kuala Lumpur-based Gopal (pictured) will work closely with APAC president Chris Colahan having joined from Fairfirst Insurance.
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- July 2 2025
Sompo promotes Kelvin John Nathan to APAC project management office vice president
Industry veteran will report to David Chau, senior vice president and head of PMO for APAC.
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- July 2 2025
South Korea’s DB Insurance leading the race for US insurer Fortegra: reports
The approximately US$1.5 billion deal for the Florida-based specialty insurer is expected to be finalised by August.
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- July 2 2025
Korea mulls restarting MG Non-Life sale process, but will persist with liquidation process: reports
KDIC said it has reached agreement with insurer's labour union to pursue both the transfer of insurance contracts to five non-life insurers and the sale.
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- July 2 2025
QBE Asia amps up wholesale team with 2 senior leadership appointments
Wholesale insurer has named Hong Kong-based Cynthia Huang head of Taiwan and Greater China desk (facultative reinsurance) and Singapore-based Young Jun Lee as head of wholesale Asia, construction and engineering.
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- July 1 2025
IAG lifts profit outlook as nat cat bill comes in below forecast
Australian insurer revealed that natural peril costs for FY2025 had come in roughly US$132m below expectations.
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- July 1 2025
Chubb strengthens global broker division in Australia with key leadership changes
Jennifer Vanek appointed national strategic relationship manager, global brokers division; John De Felice and Ryan Spettigue national relationship managers.
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- July 1 2025
Allianz Commercial names Alex Shi as regional head of liability
Shi joins from Allianz Insurance Singapore, where he was the chief underwriting officer.