Industry Segments: Insurers Page 8 / 57
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- September 13 2026
Solomon Islands receives US$250,000 under excess rainfall parametric policy
Supported by Global Shield Solutions Platform and the World Food Programme, the payout was triggered by recent rainfall events during early August, which mainly affected Malaita and Makira-Ulawa provinces.
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- September 11 2026
Ageas completes Etiqa sale, Dimitri Terryn confirms departure
Agreement sees Ageas sell its 30.95% stake to joint venture partner Maybank for US$1.2bn.
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- September 10 2026
Singapore’s GIC takes 5% stake in Samsung Fire and Marine
With its purchase of 2.24 million shares, the sovereign wealth fund has become one of the largest shareholders of the South Korean insurer.
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- September 10 2026
Chubb elevates Hong Kong-based Jeremy Lai to head of cyber, technology practice
He has been with Chubb for almost seven and a half years, having joined as an assistant casualty underwriter.
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- September 10 2026
Malaysia’s non-life insurance sector outlook stable on regulatory reforms, economic strength: AM Best
Economic growth has remained resilient despite geopolitical headwinds in 2026, driving demand for non-life insurance products and narrowing the protection gap.
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- September 9 2026
IFFCO Tokio General Insurance appoints Sanjeev Chopra as operations director
His association with the Indian-Japanese joint venture dates back to 2001.
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- September 9 2026
Tokio Marine HCC International completes Direct Commercial acquisition
UK commercial motor specialist will continue to operate as a standalone business, while the acquisition also includes sister company, Direct Commercial Premium Finance.
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- September 9 2026
S&P upgrades PICC Re outlook following China’s financial sector recapitalisation
Rating agency says the reinsurance arm of Chinese insurer PICC remains 'highly strategic' to its parent and will benefit from the stronger capital buffers.
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- September 9 2026
Axa XL appoints Markus Posberg as property, construction, energy CUO for APAC and Europe
Cologne-based Posberg brings extensive technical experience, most recently as head of property, construction and energy for Germany.
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- September 8 2026
Maybank signs deal to acquire insurer Etiqa from Ageas by Friday
Agreement sees Ageas sell its 30.95% stake to its joint venture partner for US$1.2bn.
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- September 8 2026
China’s ‘rare’ US$9bn insurance sector recapitalisation enhances risk resilience: analysts
Ministry of Finance has announced a US$54bn plan to recapitalise the financial system to enhance its capital strength and boost economic growth.
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- September 8 2026
Markel makes double promotion within Australia underwriting team
James Vlasveld and James Crawford earn promotions to senior underwriters.
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- September 7 2026
Sompo adds Cedric Wong to Hong Kong financial lines team
Japanese insurer has been building out its financial lines team in Hong Kong.
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- September 7 2026
Data centre super cycle offers US$200bn premium opportunity, but fuels accumulation risk: Swiss Re
Investment in data centres and energy infrastructure is the biggest opportunity and risk for the insurance industry over the next four years, according to Swiss Re Institute.
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- September 7 2026
China announces US$9bn recapitalisation plan for state-owned insurers
China Life and China Taiping will receive direct capital injections from the Ministry of Finance, while PICC and China Re will raise funds through a share sale to the ministry.
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- September 6 2026
Seadrif wires second US$1.14m to Laos, WFP as heavy rains continue
Second payment lifts total parametric disbursements to US$2.278m in less than a week under a two-year sovereign policy that provides up to US$16m in multi-peril protection.
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- September 4 2026
Hana Financial weighs US$148m capital injection for insurance unit amid saturated domestic market: reports
If completed, Hana Insurance will have raised around US$370m in new capital within a year.
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- September 4 2026
Chubb names Samsung Fire veteran Il-Pyung Kim South Korea CEO
Outgoing CEO Janice Mo will step into the role of head of commercial P&C for South Korea.
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- September 3 2026
Sompo names Hairolnizam Sapian as APAC partnership development, management head
Kuala Lumpur-based Sapian will be responsible for advancing Sompo Asia's consumer growth agenda through the development and management of strategic partnerships across the region.
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- September 3 2026
AIG Australia scores Mahfuzur Rahman as senior professional indemnity underwriter
Melbourne-based Rahman joins from Chubb, where he had been a senior underwriter for financial lines and major accounts for Australia and New Zealand since September 2025.
