Subject: P&C Page 1 / 74
-
- 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.
-
- 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%.
-
- July 23 2025
Chubb’s Asia P&C premiums grows 7.5% to US$2.5bn in H1 FY25
The Japanese general insurance arm of the global insurer increased its NWP by 7% year-on-year to US$201m in FY24.
-
- July 23 2025
Allianz Commercial India branch will transfer to new Jio JV as fac desk
Treaty operations will be managed by Allianz Reinsurance, the company told InsuranceAsia News.
-
- July 21 2025
PVI Insurance’s H1 FY25 pre-tax profit tops US$25.8m, representing 41% increase
Original insurance premium revenue for the first half of the year exceeded US$305.8m.
-
- July 20 2025
Allianz ties up with Jio Financial for India reinsurance foray
Two companies also enter into a non-binding agreement for equally owned general and life insurance JVs.
-
- June 30 2025
Chubb Japan promotes Akira Hayasaka to head of claims services division
Tokyo-based Hayasaka, who was formerly head of commercial claims for the carrier, will report to CEO Edward Kopp.
-
- June 30 2025
Generali confirms JV with Central Bank of India
Indian state-owned bank will hold a 26% stake in the local insurance JV with the Italian insurer holding the rest.
-
- June 24 2025
Sompo names Alasdair Walker Hong Kong CEO as Li Sheung Kin set to retire
Walker will be responsible for driving Hong Kong’s profitability and capabilities as a key commercial business hub in Asia Pacific, reporting into regional insurance CEO Kenneth Reilly.
-
- June 24 2025
Allianz’s capital reduction plan stymied Income deal, says MAS
Singapore government struggled to reconcile the proposal with Income's representations when it carried over US$1.5bn in surplus during corporatisation.
-
- June 24 2025
Warburg Pincus in talks to divest 10% stake in India’s SBI General: report
Private equity firm is in discussions with other shareholders Premji Invest and State Bank of India for a deal that could value the general insurer at US$4.5bn.
-
- June 12 2025
SBI General Insurance appoints Mohd Arif Khan as deputy CEO
Khan joins the carrier from the State Bank of India, where he was most recently general manager.
-
- June 11 2025
Samsung Fire & Marine to buy additional 21% stake in Canopius
Transaction will increase the Korean insurer's total share to 40%.
-
- June 11 2025
Kiwi insurer Tower confirms Paul Johnston as CEO
Johnston, who has been interim CEO since February, will start in the new role from Wednesday.
-
- June 9 2025
Chubb hands James Brown expanded role as head of major accounts for Asia
Singapore-based Brown will focus on driving business direction of the division, while remining in his current position as global broking head in the region.
-
- June 6 2025
Chubb promotes Doug White to senior vice president, Asia Pacific
Hong Kong-based White will focus on strategic projects, provide mentorship to the P&C team, and contribute to the carrier's country boards across the region.
-
- June 2 2025
Bolttech Insurance Hong Kong ratings affirmed despite fluctuating financial performance: Fitch
The general insurer's net income declined to US$255,000 in 2024 from about US$4m million a year earlier.
-
- May 22 2025
Philippines’ insurance penetration grows to 1.89% in Q1 2025: IC
The Insurance Commission attributed the improvement to the faster premium growth, with the non-life NWP rising 19.3% to US$365m, mostly supported by the motor and fire lines.
-
- May 21 2025
Japanese insurance groups lean on overseas arms to post record results
The country's big three insurers reported a mixed bag of domestic results, but international businesses posted strong growth.
-
- May 9 2025
India to revive plan to merge 4 general insurers: report
Merger would create a non-life carrier with the highest market share in India and help the government’s mission of 'insurance for all' by 2047.
