Industry Segments: Insurers Page 4 / 16
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- September 4 2025
MG Non-Life’s bridge insurer starts operations
South Korean regulator transfers all insurance contracts and assets to Yebyeol Non-Life Insurance and all MG Non-Life Insurance operations have been suspended.
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- September 4 2025
BHSI promotes Anna Spink to head of marine for Australasia
Sydney-based Spink joined BHSI in 2018 and was most recently national manager for corporate property.
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- September 4 2025
Typhoon Wipha, flooding unlocks US$2m Seadrif parametric payout in Laos
Payout was made under the new sovereign parametric insurance policy issued by the Asian risk pool in May, which features an annual aggregate trigger.
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- September 3 2025
Chinese insurers surge ahead in global renewable premium race
People’s Insurance Company of China, Ping An Insurance, and Yingda Taihe Property Insurance added over US$200m in new renewable energy premiums between 2023 and 2024, according to Insure Our Future.
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- September 3 2025
Etiqa General Takaful promotes Khairoel Faiezy Hasnan to CEO
Kuala Lumpur-based Hasnan replaces Shahrul Azuan Mohamed, who has retired after 20 years with Etiqa.
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- September 3 2025
Tokio Marine launches green transition underwriting platform
Tokio Marine GX is a fully operational underwriting business offering up to US$500m of capacity on any single risk.
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- September 3 2025
Drive for growth and regulatory pressures to boost APAC insurance M&A
Despite a few standout deals, 2025 has been a relatively muted year for insurance M&A amid concerns about US trade policies and an abundance of organic growth for insurers.
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- September 2 2025
India’s Zurich Kotak General Insurance hires Birendra Mohanty as chief business officer
Mohanty, who joins from ICICI Lombard General Insurance, will oversee bancassurance, financial institutions group, SME, institutional and government businesses.
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- September 2 2025
Sompo elevates See Ju Chua to head of capital management for APAC
Chua will lead regional capital strategy and regulatory alignment from Singapore and will report to APAC chief financial officer Takashi Kurumisawa.
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- September 2 2025
QBE Malaysia appoints Soon Keong Tio as CEO, succeeding Sunther Kuppan
Tio was most recently chief executive of Cambodian carrier Campu Lonpac Insurance.
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- September 1 2025
IAG closes US$560m RACQ tie-up as insurer completes ‘significant step’
Acquisition and strategic alliance expected to add around US$850m of GWP to IAG's books.
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- September 1 2025
MSIG Singapore appoints MSIG Specialty Marine as P&I underwriting agent
Marine specialist MGA will start underwriting P&I risk directly from Singapore from Monday, as first reported by IAN in July.
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- August 29 2025
Parametric insurance must simplify to boost public sector adoption: Seadrif’s Benedikt Signer
Executive director of the Southeast Asia Disaster Risk Insurance Facility outlines its mission to enhance insurance adoption in public sectors by simplifying product design and addressing market gaps.
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- August 28 2025
Taiping Re’s profit surges 75% despite flat premiums
China Taiping reported a 12.2% rise H1 FY25 profit led by a sharp rise in reinsurance profitability and improved underwriting margins.
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- August 28 2025
QBE CFO Inder Singh resigns, to depart for banking role in 2026
Singh will remain with QBE while the company undertakes a search for a new chief financial officer.
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- August 27 2025
Sompo to acquire Aspen for US$3.5bn
Japanese insurer will pay a 35.6% premium for NYSE-listed Aspen shares in the all-cash deal.
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- August 27 2025
PICC P&C underwriting profit surges 45% to US$2bn on motor, property gains
China's large non-life carrier posted a combined ratio of 94.8%, a 1.4 percentage point improvement.
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- August 26 2025
Ping An P&C H1 topline up 7%, COR down to 95.2%
Chinese carrier’s premium income increased US$23.6bn.
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- August 26 2025
Zurich Malaysia promotes Yuan Feng Hoo to chief pricing actuary
Hoo, who has also been handed head of technical excellence role, has previously held multiple P&C leadership positions with the insurer.
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- August 26 2025
QBE taps veteran Stephen Geisler to succeed Ronak Shah as South Asia CEO
Marsh's Ross Bethell has also been appointed as head of partnerships for Asia, with both set to report to QBE Asia CEO Rob Kosova.