Industry Segments: Insurers Page 2 / 51
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- September 9 2026
S&P upgrades PICC Re outlook following China’s financial sector recapitalisation
Rating agency says the reinsurance arm of Chinese insurer PICC remains 'highly strategic' to its parent and will benefit from the stronger capital buffers.
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- September 9 2026
Axa XL appoints Markus Posberg as property, construction, energy CUO for APAC and Europe
Cologne-based Posberg brings extensive technical experience, most recently as head of property, construction and energy for Germany.
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- September 8 2026
Maybank signs deal to acquire insurer Etiqa from Ageas by Friday
Agreement sees Ageas sell its 30.95% stake to its joint venture partner for US$1.2bn.
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- September 8 2026
China’s ‘rare’ US$9bn insurance sector recapitalisation enhances risk resilience: analysts
Ministry of Finance has announced a US$54bn plan to recapitalise the financial system to enhance its capital strength and boost economic growth.
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- September 8 2026
Markel makes double promotion within Australia underwriting team
James Vlasveld and James Crawford earn promotions to senior underwriters.
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- September 7 2026
Sompo adds Cedric Wong to Hong Kong financial lines team
Japanese insurer has been building out its financial lines team in Hong Kong.
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- September 7 2026
Data centre super cycle offers US$200bn premium opportunity, but fuels accumulation risk: Swiss Re
Investment in data centres and energy infrastructure is the biggest opportunity and risk for the insurance industry over the next four years, according to Swiss Re Institute.
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- September 7 2026
China announces US$9bn recapitalisation plan for state-owned insurers
China Life and China Taiping will receive direct capital injections from the Ministry of Finance, while PICC and China Re will raise funds through a share sale to the ministry.
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- September 6 2026
Seadrif wires second US$1.14m to Laos, WFP as heavy rains continue
Second payment lifts total parametric disbursements to US$2.278m in less than a week under a two-year sovereign policy that provides up to US$16m in multi-peril protection.
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- September 4 2026
Hana Financial weighs US$148m capital injection for insurance unit amid saturated domestic market: reports
If completed, Hana Insurance will have raised around US$370m in new capital within a year.
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- September 4 2026
Chubb names Samsung Fire veteran Il-Pyung Kim South Korea CEO
Outgoing CEO Janice Mo will step into the role of head of commercial P&C for South Korea.
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- September 3 2026
Sompo names Hairolnizam Sapian as APAC partnership development, management head
Kuala Lumpur-based Sapian will be responsible for advancing Sompo Asia's consumer growth agenda through the development and management of strategic partnerships across the region.
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- September 3 2026
AIG Australia scores Mahfuzur Rahman as senior professional indemnity underwriter
Melbourne-based Rahman joins from Chubb, where he had been a senior underwriter for financial lines and major accounts for Australia and New Zealand since September 2025.
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- September 3 2026
Samsung Fire & Marine prepares to take control of Canopius: report
Samsung's P&C insurer is nearing a deal to lift its stake in the specialty Lloyd’s (re)insurer to more than 90%, according to reports.
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- September 3 2026
Descartes, Generali GC&C renew ‘truly symbiotic’ strategic partnership
Expanding on their 2019 partnership, the renewal secures a a durable, long-term framework to further strengthen the partners’ position in the global parametric insurance market.
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- September 2 2026
Coface promotes Jason Tan to head of commercial for Malaysia
Kuala Lumpur-based Tan joined Coface almost six years ago, and was most recently managing commercial operations and marketing for Malaysia, Indonesia and the Philippines.
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- September 2 2026
PICC P&C terminates PIB brokerage pact, shifts mandate to ZSIB
Move comes as PICC Group plans to exit the wholly-owned intermediary in third-party sale.
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- September 2 2026
Thai government approves new US$465m insurance facility: report
New facility follows the flooding in Thailand's northern and southern regions, and the Bangkok earthquake in March last year.
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- September 2 2026
Zurich bolsters APAC commercial leadership with key hires in Singapore
Patrick Fyson joins as head of property for Asia, while Dylan Bryant returns to a newly created role leading the carrier's multinational and captives business across Asia Pacific.
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- September 2 2026
Generali Central Insurance appoints Prem Sivadas as chief commercial officer
Mumbai-based Sivadas will lead the corporate sales function, with a focus on strengthening broker partnerships and expanding corporate portfolios, including Generali Corporate and Commercial.