Industry Segments: Insurers Page 12 / 57
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- August 6 2026
Zurich APAC’s P&C GWP grew 11% to US$2.3bn in H1 FY26
Business operating profit of the P&C line also increased by 12% year-on-year, according to its second quarter earnings update on Thursday.
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- August 6 2026
PCRIC makes third drought parametric payout to Tonga
Payout funds assistance following the arrival of drought conditions in Tonga's Ha'apai and Tongatapu islands.
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- August 6 2026
‘Beginning of a new era’ as Swiss Re CorSo pens Indian partnership with Bajaj General Insurance
Zurich-headquartered insurer also announces partnership with GNP Seguros in Mexico.
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- August 6 2026
Markel hires first dedicated claims adjuster in Hong Kong
Senior claims adjuster Audrey Pang reports to Bo Yu, head of Asia claims.
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- August 5 2026
Exclusive: Origin Energy confirms ‘extensive’ cyber insurance program after breach
CFC is understood to be among the panel of insurers on the hook following the data breach, which impacted over 900,000 of the Australian utility company's customers.
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- August 5 2026
APAC data centre operators face ‘rapidly’ changing risk landscape: HDI
Natural catastrophes and rising global temperatures are fuelling growing risk for data centres in Asia Pacific.
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- August 5 2026
Malaysian Re parent to sell takaful business to Bank Rakyat in US$400m deal
MNRB says the deal for Takaful Ikhlas will 'support the continued growth of Malaysia’s takaful industry'.
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- August 5 2026
Cirilo Cabesas joins AIG as senior claims executive
He joins the US insurer in Singapore following a long stint at Crawford.
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- August 5 2026
APAC insurers race to harness AI’s US$70bn promise, but data and regulatory hurdles persist
Implementing AI is a major operational and regulatory challenge for the industry, with massive rewards for the insurers that can get it right.
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- August 3 2026
Maybank to take full control of insurer Etiqa from Ageas
Ageas agrees to sell its minority stake to its joint venture partner for US$1.2bn.
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- August 3 2026
Gurudutt Joglekar replaces Jon Longmore as Chubb’s Malaysia head
Longmore 'will be taking on a new role within Chubb, with details to be announced shortly'.
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- August 3 2026
Chantel Pountney joins Sompo as senior property underwriter after career break
She was formerly with US insurer Everest in Melbourne until March.
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- August 3 2026
ADB adds four insurers to credit insurance panel to support US$2.5bn in new lending
Sompo, Mitsui Sumitomo, HDI Global, Scor Business Solutions join the program for the first time under a five-year agreement.
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- August 2 2026
Crypto specialist Relm plants APAC flag with Timothy Powell hire in Sydney
As Asia-Pacific head, Sydney-based Powell will spearhead the (re)insurer's expansion across Australia, Singapore and Hong Kong, with New Zealand, Southeast Asia and mainland China earmarked for future growth.
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- August 2 2026
MS First Capital secures Gift City branch licence
Indian operations of the Singaporean-carrier will be led by head of reinsurance Vaidyanathan Ramachandran.
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- August 1 2026
Tokio Marine invests in carbon credit specialist Kita
Kita will deepen its collaboration with additional companies within the Tokio Marine Group to support the growth and integrity of global carbon markets.
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- July 31 2026
S&P upgrades Samsung Fire & Marine to AA on stronger capital and rate resilience
South Korean insurer will be able to maintain its 'very strong' competitive moat and capital adequacy over the next two years, the rating agency said.
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- July 31 2026
Shinhan Financial Group walks away from Lotte Non-Life Insurance sale process: report
Negotiations were derailed by valuation concerns, with Korea Investment Finance said to be studying a possible bid.
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- July 31 2026
S&P Global elevates Japan P&I outlook to positive, cites capital strength despite scale constraints
Rating agency notes club's business profile will remain more modest in scale and diversification compared to some of its peers.
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- July 30 2026
Indian marine pool issues first P&I policy
Policy provides financial protection against third-party liabilities including crew and cargo liability, pollution liability, and wreck removal, with an indemnity limit of up to US$1.5bn through the combined capacity of the pool.
