Subject: P&C Page 1 / 79
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- October 29 2026
Suncorp trims FY27 GWP growth forecast to 3%
Revision by the Australian insurer is a result of the loss of a large commercial contract and ongoing weakness of New Zealand's currency.
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- October 28 2026
FM to offer 10% premium offset on 2027 renewals following record-low losses
The US$855m resilience credit program supports clients' action on recommendations involving climate hazards and operational exposures.
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- October 25 2026
Bajaj General Insurance names Deepak Reddy as new CEO, managing director
He will replace Tapan Singhel, who has led Bajaj General Insurance since 2012.
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- October 23 2026
Hong Kong’s H1 FY26 general insurance gross premiums up 9.1% to US$8bn, driven by offshore reinsurance
Underwriting profit soared 253% to US$740m as onshore pecuniary loss business in the direct segment recovered from a loss of US$38m to a profit of US$395m.
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- October 23 2026
Asia insurance rates fell 6% in Q3, extending decline to 11th straight quarter: Marsh
Property insurance rates fell 7%, while financial and professional lines and cyber insurance rates declined 6%.
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- October 23 2026
Pacific insurance rates dropped 12% in Q3 as soft market persists
The 11th straight quarter of falling insurance rates is led by a 14% drop in property, according to Marsh’s Global Insurance Market Index.
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- October 20 2026
‘Full-circle moment’ as Kathleen Warden returns to Chubb as head of ANZ P&C
She is a well known name in Australia's insurance industry, having previously served as CEO of AIG Australia.
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- October 19 2026
FM to offer parametric, captives, structured risk solutions
New solutions will give property insurance clients greater financial flexibility, according to FM.
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- October 14 2026
Zurich taps Scott Yin as China unit CEO
He was formerly with Axa Tianping for over a decade.
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- October 9 2026
HDI Global Japan names Kei Kimura as general manager of distribution and marketing
Kimura joined the German insurer's Japan branch on October 1.
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- October 8 2026
AM Best maintains stable outlook for Indonesia non-life sector
Robust economic growth and capital strengthening measures are supportive of the industry's profitability, according to AM Best.
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- October 6 2026
Tower raises full-year earnings guidance on unused large event allowance
Kiwi insurer expects underlying net profit after tax (NPAT) of US$38.7-44.2 million for FY26.
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- September 21 2026
QBE hires Shahrezal Wan as Singapore lead for motor, corporate underwriting solutions
Singapore-based Wan joins from Marsh, where he was placement manager.
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- September 15 2026
Thailand’s (re)insurance market defies regional softening as cat losses reshape risk landscape
Earthquake in Myanmar in March 2025 and severe floods in November have reshaped Thailand's property catastrophe market.
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- September 14 2026
Willis promotes Will Sare to lead Australia P&C business
Stephen Trickey will also take on an expanded role supporting sales activity across the Pacific, while continuing as head of growth for the region.
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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 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 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 2 2026
Thai government approves new US$465m insurance facility: report
New facility follows the flooding in Thailand's northern and southern regions, and the Bangkok earthquake in March last year.
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- September 2 2026
Moody’s keeps stable reinsurance outlook as strong capital, discipline offset softer prices and rising risks
Record profits posted by the reinsurance sector expected to moderate in 2027 as the global market softening continues, according to Moody's.
