Industry Segments: Insurers Page 13 / 57
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- July 30 2026
Samsung Fire & Marine underwrites US$20m virtual asset policy for Korean blockchain firm DSRV
The digit asset insurance protects custodial assets against losses from nat cats and theft via external intrusion.
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- July 30 2026
M Pallonji Group-backed ProTec handed Indian general insurance licence
- Insurers
- India
- Regulatory
- Insurance Regulatory and Development Authority of India
- ProTec General Insurance
Aditya Sharma, former chief distribution officer at Bajaj Allianz General Insurance, has been appointed CEO.
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- July 30 2026
APAC’s nascent cannabis insurance market navigates a divided region as insurers face steep learning curve
Australia remains the main market in the region and is projected to exceed US$33bn by 2033, although Thailand has backtracked on recent liberalisation.
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- July 29 2026
Indian regulator finally approves Patanjali, DS Group acquisition of Magma General Insurance
Transaction, valued at US$470m, was originally announced in March last year.
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- July 29 2026
Seadrif taps Xinmei Zheng as chief operating officer
Singapore-based Zheng brings nearly two decades of experience in underwriting, structured risk solutions, portfolio management and business development, with expertise across Southeast Asia.
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- July 29 2026
Markel hires AIG’s Abbas Choker as Asia Pacific CFO
Based in Singapore, the seasoned executive will report to Asia Pacific managing director Sucheng Chang.
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- July 28 2026
MSIG claims payouts reached US$45.8m across Hong Kong, Macau in 2025
Claim settlement ratio rose slightly from 94.5% in 2024 to 94.7%.
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- July 27 2026
Tokio Marine considering IAG, Suncorp in potential Australia deal: report
While declining to comment on 'market speculation' to InsuranceAsia News, Tokio Marine is reportedly motivated to 'put excess capital to work', having previously identified Australia as a priority growth market.
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- July 27 2026
QBE Asia names Kwang Hun Cho as senior property underwriter
Singapore-based Cho joins from Chubb, where he spent nearly nine years in underwriting roles in South Korea and Singapore.
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- July 27 2026
Australian competition regulator approves Allianz Partners’ nib travel portfolio acquisition
Australian Competition and Consumer Commission clears the deal following consultation in early July, with completion expected by the end of 2026.
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- July 27 2026
Bain Capital in talks to acquire minority stake in India’s IndusInd General Insurance: report
General insurer, which was formerly known as Reliance General Insurance, could be valued at US$1.67bn, according to a local media report.
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- July 27 2026
AIG’s Ying Ying Lee returns to Berjaya Sompo as head of marine, aviation
Kuala Lumpur-based Lee rejoins the insurer following 15 years at AIG, where she was head of department for specialty since April 2011 and APAC lead for marine liability since July 2020.
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- July 27 2026
BNP Paribas Cardif to acquire Warburg Pincus’ 26% stake of IndiaFirst Life
Upon completion of the deal, Bank of Baroda will hold 65%, BNP Paribas Cardif 26%, and Union Bank of India 9%.
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- July 24 2026
Shinhan Financial eyes non-life acquisition, confirms Lotte Non-Life interest
CFO Jang Jeong-hun says the Korean financial services group is reviewing various assets in addition to Lotte Non-Life Insurance.
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- July 24 2026
Berkley Insurance Asia names Shivi Bhutani as liability lines underwriter in Gift City
Before joining Berkley, she worked as a liability underwriter at ICICI Lombard.
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- July 24 2026
HDI Global hires Byron Ernst as power and energy underwriter in Sydney
He was most recently an energy underwriter at QBE, having also worked for Chubb, Chase Underwriting and Strata Community Insurance.
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- July 24 2026
Allianz strikes US$2.1bn deal for HSBC Life Singapore
Insurer will also enter into a 15-year exclusive distribution partnership with HSBC Singapore.
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- July 24 2026
New LMA clause voids cover for ships paying Strait of Hormuz transit fees
Clause was developed in response to concerns about applicable sanctions and terrorism legislation.
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- July 23 2026
John McLean rejoins QBE as senior claims officer
Sydney-based McLean previously spent nearly 12 years with QBE in claims officer roles between 2007 and 2019.
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- July 23 2026
Indonesia’s Asei downgraded to BB+ by Fitch on capital strain, loss pressures
Weak capitalisation, reserve adjustments and credit insurance risks weigh as insurer works on recovery plan.
