Industry Segments: Insurers Page 6 / 51
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- August 5 2026
Cirilo Cabesas joins AIG as senior claims executive
He joins the US insurer in Singapore following a long stint at Crawford.
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- August 5 2026
APAC insurers race to harness AI’s US$70bn promise, but data and regulatory hurdles persist
Implementing AI is a major operational and regulatory challenge for the industry, with massive rewards for the insurers that can get it right.
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- August 3 2026
Maybank to take full control of insurer Etiqa from Ageas
Ageas agrees to sell its minority stake to its joint venture partner for US$1.2bn.
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- August 3 2026
Gurudutt Joglekar replaces Jon Longmore as Chubb’s Malaysia head
Longmore 'will be taking on a new role within Chubb, with details to be announced shortly'.
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- August 3 2026
Chantel Pountney joins Sompo as senior property underwriter after career break
She was formerly with US insurer Everest in Melbourne until March.
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- August 3 2026
ADB adds four insurers to credit insurance panel to support US$2.5bn in new lending
Sompo, Mitsui Sumitomo, HDI Global, Scor Business Solutions join the program for the first time under a five-year agreement.
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- August 2 2026
Crypto specialist Relm plants APAC flag with Timothy Powell hire in Sydney
As Asia-Pacific head, Sydney-based Powell will spearhead the (re)insurer's expansion across Australia, Singapore and Hong Kong, with New Zealand, Southeast Asia and mainland China earmarked for future growth.
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- August 2 2026
MS First Capital secures Gift City branch licence
Indian operations of the Singaporean-carrier will be led by head of reinsurance Vaidyanathan Ramachandran.
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- August 1 2026
Tokio Marine invests in carbon credit specialist Kita
Kita will deepen its collaboration with additional companies within the Tokio Marine Group to support the growth and integrity of global carbon markets.
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- July 31 2026
S&P upgrades Samsung Fire & Marine to AA on stronger capital and rate resilience
South Korean insurer will be able to maintain its 'very strong' competitive moat and capital adequacy over the next two years, the rating agency said.
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- July 31 2026
Shinhan Financial Group walks away from Lotte Non-Life Insurance sale process: report
Negotiations were derailed by valuation concerns, with Korea Investment Finance said to be studying a possible bid.
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- July 31 2026
S&P Global elevates Japan P&I outlook to positive, cites capital strength despite scale constraints
Rating agency notes club's business profile will remain more modest in scale and diversification compared to some of its peers.
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- July 30 2026
Indian marine pool issues first P&I policy
Policy provides financial protection against third-party liabilities including crew and cargo liability, pollution liability, and wreck removal, with an indemnity limit of up to US$1.5bn through the combined capacity of the pool.
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- July 30 2026
Samsung Fire & Marine underwrites US$20m virtual asset policy for Korean blockchain firm DSRV
The digit asset insurance protects custodial assets against losses from nat cats and theft via external intrusion.
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- July 30 2026
M Pallonji Group-backed ProTec handed Indian general insurance licence
- Insurers
- India
- Regulatory
- Insurance Regulatory and Development Authority of India
- ProTec General Insurance
Aditya Sharma, former chief distribution officer at Bajaj Allianz General Insurance, has been appointed CEO.
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- July 30 2026
APAC’s nascent cannabis insurance market navigates a divided region as insurers face steep learning curve
Australia remains the main market in the region and is projected to exceed US$33bn by 2033, although Thailand has backtracked on recent liberalisation.
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- July 29 2026
Indian regulator finally approves Patanjali, DS Group acquisition of Magma General Insurance
Transaction, valued at US$470m, was originally announced in March last year.
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- July 29 2026
Seadrif taps Xinmei Zheng as chief operating officer
Singapore-based Zheng brings nearly two decades of experience in underwriting, structured risk solutions, portfolio management and business development, with expertise across Southeast Asia.
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- July 29 2026
Markel hires AIG’s Abbas Choker as Asia Pacific CFO
Based in Singapore, the seasoned executive will report to Asia Pacific managing director Sucheng Chang.
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- July 28 2026
MSIG claims payouts reached US$45.8m across Hong Kong, Macau in 2025
Claim settlement ratio rose slightly from 94.5% in 2024 to 94.7%.
