Industry Segments: Insurers Page 6 / 16
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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.
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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.
