Subject: P&C Page 1 / 75
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- September 16 2025
India likely to introduce bill allowing 100% FDI during November parliament session: reports
Finance minister Niramala Sitharaman hopes to table the Insurance Amendment Bill in the upcoming session.
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- September 12 2025
Kiwi insurer Tower upgrades FY24 NPAT guidance, downgrades GWP growth outlook
Kiwi insurer expects underlying net profit after tax (NPAT) of US$59.7-65.45 million.
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- August 29 2025
China Pacific’s P&C underwriting profit up 31% to US$500m in H1 FY25
Underwriting COR was down 0.8 percentage points to 96.3% due to improvements in underwriting expense ratio.
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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 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
Scor Singapore to transfer entire business to Scor Re APAC
Proposed transfer, expected to take effect on January 1, is intended to create a more agile and efficient organisation.
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- August 25 2025
Sunshine P&C’s H1 COR improves to 98.8%; underwriting profit up 42%
Beijing-headquartered insurer's GWP was US$3.5bn, up 2.5% year-on-year, as non-motor lines posted strong growth.
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- August 22 2025
Global expansion ‘credit positive’ for Asia’s reinsurers: AM Best
US and Europe have become a vital source of premium growth and diversification for Asian reinsurers.
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- August 22 2025
Regina Wiedmann promoted to Zurich Insurance’s CFO for Japan P&C
Wiedmann has relocated from her previous role with Zurich in Singapore to Tokyo following the appointment.
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- August 19 2025
Philippines’ Q2 insurance penetration hits 1.79% as non-life premiums surge 20%
The Insurance Commission credited the improvement to faster premium growth, with the non-life NWP for the first half of the year reaching US$694m.
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- August 15 2025
DB Insurance profits hit by rising nat cat claims, rate cuts
South Korean insurer's underwriting profit fell sharply in the first half as losses mounted from natural disasters.
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- August 13 2025
Samsung Fire & Marine’s H1 insurance profit down 16% at US$730m
South Korea’s largest carrier’s insurance revenue was up 9.4% to US$6.7bn, while reinsurance revenue increased by 89% to US$363m.
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- August 12 2025
360 Underwriting hires CGU’s Pegah Vaghaye as Australian agencies’ COO
Sydney-based Vaghaye will oversee the optimisation of operational processes, integration of new agencies, and digital enablement initiatives.
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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
MS&AD Holdings’ Q1 profit up 19% to US$1.6bn
The Tokyo-headquartered giant reported strong overseas topline growth, domestic business reports no nat cat losses.
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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 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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- July 29 2025
APAC H1 insured losses hit US$4.4bn, global claims top US$80bn: Munich Re
Earthquake that rocked Myanmar and Thailand, ex-Tropical Cyclone Alfred in Australia, as well January quake events in China and Taiwan. were the major loss drivers in Asia Pacific.
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- July 24 2025
Asia insurance rates drop 5% in Q2 2025, sixth straight quarter of decline: Marsh
Property rates down 5%, while casualty placements saw a 2% decline, and finpro and cyber rates fell by 7%, according to the broker's Global Insurance Market Index.
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- July 24 2025
Pacific rates continue to decline, falling 11% in Q2: Marsh
Property rates drop by 13%, casualty falls 5%, while finpro and cyber see drops of 10%.