Industry Segments: Insurers Page 3 / 12
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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.
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- August 4 2025
Everest promotes James McPartland to Asia head of property
Melbourne-based McPartland joined Everest from Chubb in January 2024.
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- August 4 2025
Sompo unveils investment hub to drive ‘agile, dynamic’ growth investments
New business development hub will target investment opportunities mainly in Japan and promote and manage the insurer’s venture capital investments.
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- August 4 2025
Generali rebrands Indian JVs following Central Bank of India’s stake acquisition
Life insurance business will be rebranded as Generali Central Life Insurance, and general insurance business as Generali Central Insurance.
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- August 4 2025
Mitigation key to tackling Asia’s emerging supply chain, battery, data centre risks: FM’s Martin Au-Yeung
Vice president and client service manager for North Asia also tells InsuranceAsia News' Between The Lines podcast that given the region’s diversity and lack of data, keeping a lid on the cost of risk is a balancing act.
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- August 1 2025
Allianz Australia combines commercial, personal injury teams
New division will be led by chief general manager Julie Mitchell.
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- August 1 2025
Allianz Commercial Japan hires Munich Re’s Brian Jinzenji as representative director and president
Insurer also promotes Yuichiro Funabashi to representative director and executive vice president for Japan.
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- August 1 2025
Starr Insurance elevates new APAC president and COO
Sean Chen has been promoted to president of APAC operations, with Derek Narvacan named chief operating officer.
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- August 1 2025
FM announces key promotions in ANZ client service team
Melbourne-based Mairead Perkins steps up as vice president and assistant client service manager, while Sydney-based Ben Wyatt takes on the role of vice president and client service manager.
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- August 1 2025
AIG appoints Adrian Walker as head of commercial property and business pack for Australia
Sydney-based Walker joins from Swiss Re CorSo, where he was large commercial property underwriting lead for APAC.
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- July 31 2025
IG P&I tightens restrictions on Russian oil shipments as EU, UK reduce price cap
Sanctions include ban on 105 'shadow fleet' vessels and asset freezes on new entities, including Indian refinery Nayara Energy.
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- July 31 2025
Chubb promotes Brian Hogan to A&H head for ANZ
He brings 20 years of insurance experience, including over 14 years with Chubb across Europe, the Middle East, and Asia Pacific.
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- July 30 2025
Vietnam insurers poised for further growth despite climate, reinsurance pressures: AM Best
Ratings agency, while maintaining a stable outlook for the sector, said trade uncertainty and slower economies in key export markets could dampen commercial insurance demand.
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- July 30 2025
Rising losses in benign cat year point to ‘background noise’ of climate change: Munich Re’s Tobias Grimm
APAC events highlight unpredictability of catastrophes, resulting in unprecedented amounts of rainfall, storms, wildfires and earthquakes in areas that have never experienced them, says the reinsurer's top climate expert.
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- July 29 2025
Chubb pays US$321m for Liberty Mutual’s Thailand arm
The acquisition of LMG Insurance was completed on April 1, with recognised goodwill of US$183m and intangible assets of US$57m, the insurer said in a stock exchange filing.
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- July 29 2025
Japan P&I to sustain strong capitalisation, operating performance: S&P Global
Global rating agency on Tuesday upgraded its insurer rating to BBB+ from BBB with a stable outlook.
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- July 28 2025
Construction Guarantee’s underwriting losses to continue for the short to medium term: AM Best
Korean insurer has reported two consecutive years of underwriting losses in 2023 and 2024, as well as another loss in H1 2025.
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- July 28 2025
Aon’s John Morley joins Swiss crypto carrier 1B as CEO
Insurer plans to establish offices in Asia, including in Singapore, Malaysia and Hong Kong.