Industry Segments: Insurers Page 28 / 38
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- August 18 2025
Filipino carriers FPG Insurance, Mercantile Insurance to merge
Combined entity, FPG Mercantile, expects to become a top-four player in the Philippine non-life market, with US$175 million in GWP.
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- August 15 2025
Li Choo Kwek-Perroy returns to Great Eastern as MD
She will lead teams responsible for customer segments and experience, product development, digital platforms, brand, marketing and communications.
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- August 15 2025
DB Insurance profits hit by rising nat cat claims, rate cuts
South Korean insurer's underwriting profit fell sharply in the first half as losses mounted from natural disasters.
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- August 15 2025
Regulatory shifts drag down Lotte Insurance H1 2025 profits
Insurance operating profit for the half stood at KRW21.6 billion, reflecting the direct impact of these regulatory changes in the first quarter.
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- August 15 2025
L&H powers Allianz’s Asia H1 growth as operating profit surpasses half-a-billion mark
The carrier's P&C units' business volume rose 9% to US$1.3bn supported by strong growth in China and Malaysia.
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- August 14 2025
India’s Zurich Kotak hires Sukesh Shetty as COO
Mumbai-based Shetty joins the firm following 15 years at SBI General Insurance, most recently as COO.
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- August 14 2025
Hyundai Marine & Fire’s H1 profit falls 46% due to lack of previous year’s windfall
South Korean insurer’s profit plunged as underwriting losses mounted, despite stronger investment returns.
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- August 14 2025
Suncorp underwriting result soars 54% to top US$1bn in FY25
Australian insurer's profit after tax was up 53% to US$1.2bn, boosted by asset sales and a 'favourable' natural hazard experience.
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- August 13 2025
IAG FY25 net profit surges 51.3% to US$887m, COR improves to 87.2%
Strong uplift in profit driven by 'disciplined approach to pricing, underwriting and claims efficiencies, combined with favourable perils experience'.
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- August 12 2025
With a US$3bn market on the horizon, a hydrogen-powered future creates ‘far-reaching’ implications for insurers
Product lines such as energy, natural resources, and liability are likely to see the biggest impact from hydrogen risks over the next five to 10 years, followed by property and marine, industry insiders tell InsuranceAsia News.
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- August 11 2025
State Bank of India mulls listing general insurance arm: reports
State-owned lender is planning to IPO SBI General Insurance and SBI Mutual Fund, chairman says.
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- August 11 2025
Hong Kong goes up the gears, hands Chinese carmaker SAIC regulatory approval for captive
Second authorisation of its kind in 2025, reflecting signs of momentum building to develop Hong Kong into a captive domicile, regulator says.
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- August 11 2025
Markel eyes Australia marine growth with senior hire
Markel is expanding its marine offering in Australia beyond long tail lines with the appointment of Tim Wills.
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- August 8 2025
QBE H1 profit rises 27% to over US$1bn; COR improves to 92.8%
Australian insurer's GWP in the first half of the year grew 11% to US$13.82bn, buoyant on stronger performance in core segments offsetting the drag from crop and non-core exits.
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- August 8 2025
HDI expands Hong Kong engineering team with double appointment
Steven Tang and Chris Yang join from global reinsurer Scor.
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- August 7 2025
Zurich’s APAC H1 non-life GWP grows 14% to top US$2bn
Growth driven by motor and SME portfolios, commercial insurance expansion in India and Malaysia and digital partnerships.
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- August 7 2025
Canopius ‘once again’ boosted by APAC growth in H1
APAC unit's written premium grew by 33% in the first half of 2025, slightly outpacing the group's overall growth of 31%.
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- August 7 2025
K-Sure provides US$350m guarantee for purchase of 6 Korean tankers by US shipping firm: report
Support includes US$300m buyer credit guarantee for International Seaways and a US$50m refund guarantee for K Shipbuilding.
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- August 6 2025
Heavy rain, floods, landslides leave insurers counting losses across Hong Kong, China, India
Torrential rain this week caused substantial damage and disruptions.
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- August 5 2025
Chubb promotes Matthew Dick to head of claims for ANZ
Since joining Chubb in 2007, Dick has held a range of specialty claims leadership roles in the UK and APAC.
