Industry Segments: Insurers Page 7 / 20
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- September 11 2025
Strategic sale, international growth hold Tokio Marine & Nichido Fire Insurance in good stead: AM Best
AM Best expects proceeds from disposals to provide additional flexibility for new business investments to strengthen operating performance over the long term.
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- September 11 2025
China Pacific Insurance secures US$2bn to fund internationalisation, AI
Hong Kong-listed Chinese insurer issues a zero-coupon convertible bond due in 2030 with a conversion premium of 25%.
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- September 11 2025
Cargo market urged to focus with entire landscape under threat as US tariffs ‘make everybody nervous’
Cargo committee chair Mike Brews delivered the warning on the final day of the International Union of Marine Insurance’s (IUMI) annual conference in Singapore.
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- September 10 2025
Wind tops weather risks for Australians after stormy winter: IAG
Few protect their property despite Australia having 'some of the strongest and most variable winds in the world', according to a poll from IAG's NRMA Insurance.
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- September 10 2025
AIG promotes Naoko Masu to head of multinational for Japan
She has been with AIG for over 23 years, and was previously head of credit lines.
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- September 9 2025
Midea Group founder takes 11.5% stake in Samsung P&C China: reports
Acquisition from Yuxing Technology Development will make Foshan Shunde District Junlan Hotel Management the third-largest shareholder, pending regulatory approval.
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- September 9 2025
Indonesian protests to result in ‘substantial’ losses, but PV market capacity not a concern
Claims likely to arise from riot, strikes, civil commotion and malicious damage perils from the protests which started in late August, sources told InsuranceAsia News.
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- September 9 2025
Ray Wong joins Canopius’ energy team in Singapore
He joins from Lancashire Insurance as an energy underwriter, reporting to APAC head of energy and construction Johnny Kim.
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- September 9 2025
Tokio Marine Kiln adds Phoebe Liew to APAC special risks team
Liew joins in Singapore after over eight years at Texel.
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- September 8 2025
Axa XL appoints Ramesh Sivanathan as principal officer for Malaysia
He takes on the combined role alongside his current position as business lead.
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- September 8 2025
BHSI promotes Michael Hannigan to national manager for corporate property
Melbourne-based Hannigan has been underwriting manager for property since November 2023.
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- September 8 2025
Global P&C tops US$2.4 trillion, set to near double by 2040: Swiss Re
The sector's premiums are increasing at or above the rate of global economic growth, with high-risk property and liability insurance seeing the fastest rise, according to latest Sigma report.
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- September 5 2025
Generali GC&C Asia hires Emma Liu as head of casualty underwriting
Liu, who joins from AIG in Singapore, will relocate to Hong Kong in her new role.
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- September 5 2025
Australian carriers’ US$1.6bn reinsurance spend saves US$46bn in capital: Actuaries Institute
A paper published by the institute noted Australian insurers have fewer choices when it comes to the range of reinsurance products they can use to gain regulatory credit.
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- September 4 2025
IAG’s acquisition of RAC Insurance sparks antitrust concerns
Antitrust regulator warns of reduced competition in the supply of motor and home insurance in Western Australia.
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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.