Industry Segments: Insurers Page 2 / 46
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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.
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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.
