Subject: P&C Page 2 / 78

- July 31 2026
Shinhan Financial Group walks away from Lotte Non-Life Insurance sale process: report
- Insurers
- South Korea
- P&C
- Lotte Insurance
Negotiations were derailed by valuation concerns, with Korea Investment Finance said to be studying a possible bid.
- July 23 2026
Asia insurance rates decline 5% in Q2, led by cyber: Marsh
- Insurance brokers
- Asia
- Cyber
- P&C
- Marsh
Property insurance rates fell by 5%, while casualty insurance rates declined by 3% and cyber insurance rates decreased by 8%.
- July 23 2026
Pacific insurance rates drop 13% in Q2, led by property: Marsh
- Insurance brokers
- Pacific
- Casualty
- P&C
- Marsh
Region saw the steepest decline in rates globally for a second quarter running, according to Marsh’s Global Insurance Market Index.
- July 16 2026
PICC Hong Kong handed double rating upgrade, positive outlook from AM Best
- Insurers
- Hong Kong
- Ratings
- AM Best
- PICC Property and Casualty
AM Best upgrades The People’s Insurance Company of China's Hong Kong arm rating to A (excellent) with a stable outlook, citing sustained business scale growth, strongest‑level capitalisation and continued support from PICC Group.
- July 6 2026
Not blowout year, but M&A resiliency remains amid soft market, improving geopolitical outlook
- Analysis
- Insurers
- Asia Pacific
- M&A
- Iran conflict
Insurer appetite for M&A remained robust in the first half despite a volatile geopolitical backdrop, with three jumbo deals in Japan, Australia and the UK.
- July 3 2026
Zurich enters Australian home insurance market via new Honey tie-up
- Insurers
- Australia
- P&C
- Zurich
Agreement follows a similar partnership to offer pet insurance in March.
- June 9 2026
State Bank of India confirms listing plans for general insurance arm: reports
- Insurers
- India
- P&C
- SBI General Insurance
State-owned lender is planning to IPO SBI General Insurance and SBI Mutual Fund, chairman says.
- June 8 2026
Axa taps P&C, life, specialty capabilities to target Asia’s high net-worth with cross-border offering
- Insurers
- Hong Kong
- Specialty
- AXA
- Axa XL
The insurer’s new platform, Axa Global Private, brings together products from Axa and Axa XL under a unified platform spanning Hong Kong and Bermuda.
- May 21 2026
Tower’s NPAT falls 40.3% in H1 FY26 amid price softening, weather claims
- Insurers
- New Zealand
- P&C
- Tower
Gross written premium was up 1% from H1 FY25 due to lower average premiums and growth of low risk properties.
- May 20 2026
Tokio Marine adjusted profit rises 17% to US$4.4bn on underwriting strength, lower nat cat losses
- Insurers
- Japan
- P&C
- Tokio Marine
Lower capital gains from sale of equities, negative forex impact and Greensill reserving action weigh on earnings.
- May 5 2026
Lockton Singapore promotes Adin Eng to head of corporate risks, overseeing P&C
- People
- Brokers
- Singapore
- P&C
- Lockton
He joined Lockton in July, having previously worked at MS First Capital and Oneglobal Broking.
- April 24 2026
Hong Kong posts strong gross premiums in 2025, but P&C underwriting profits hit by Wang Fuk Court
- Regulators
- Hong Kong
- P&C
- Hong Kong Insurance Authority
Underwriting profits in Hong Kong's onshore property damage business fell last year by 97.2% due to reserving and losses arising from the Wang Fuk Court tragedy in November.
- April 22 2026
Pacific insurance rates drop 12% in Q1, extending soft market streak to 2 years: Marsh
- Insurance brokers
- Pacific
- Financial Lines
- P&C
- Marsh
Region saw the steepest decline in rates globally, according to Marsh’s Global Insurance Market Index.
- April 22 2026
Asia insurance rates fall for ninth straight quarter: Marsh
- Insurance brokers
- Pacific
- Financial Lines
- P&C
- Marsh
Property, casualty, finpro, and cyber lines all saw rate reductions amid strong insurer competition and evolving risk landscapes, according to Marsh’s Global Insurance Market Index.
- April 19 2026
IRDAI retains 4% obligatory cession for FY27 renewals
- Reinsurers
- India
- Regulatory
- GIC Re
- Insurance Regulatory and Development Authority of India
Cession to state-owned GIC Re will apply to policies attaching in the current financial year, which ends on March 31, 2027.
- March 28 2026
Krishnamoorthy Rao returns to Generali to lead India P&C JV
- People
- Insurers
- India
- P&C
- Generali
He was formerly with Generali in India and Malaysia for over 16 years.
- March 26 2026
Ping An P&C doubles FY25 underwriting profit to US$1.5bn, COR improves to 96.8%
- Insurers
- China
- Results
- Ping An
Chinese carrier's insurance revenue rose by 3.3% year-on-year to US$49bn.
- March 26 2026
China Taiping’s Hong Kong P&C COR hits 103.4% in FY25 after Wang Fuk Court fire
- Insurers
- Hong Kong
- Fire
- China Taiping
Fall in underwriting results comes after its exposure to November's fire, which killed 168 people.
- March 23 2026
‘Promising’ outlook as Japan’s P&C insurers reap benefits from diversification
- Analysis
- Insurers
- Japan
- P&C
- MS&AD
- Sompo
- Tokio Marine
Japan's non-life carriers are profiting from share sales, higher investment income, light natural catastrophe losses, and diversification of their revenues abroad.
- March 12 2026
Warburg Pincus weighs sale of Oona Insurance after buyer interest: Bloomberg
- Philippines
- Oona Insurance
The private equity firm has hired Citigroup to review strategic opportunities for the Southeast Asian digital general insurer.

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Subject: P&C Page 2 / 78

Shinhan Financial Group walks away from Lotte Non-Life Insurance sale process: report

Asia insurance rates decline 5% in Q2, led by cyber: Marsh

Pacific insurance rates drop 13% in Q2, led by property: Marsh

PICC Hong Kong handed double rating upgrade, positive outlook from AM Best

Not blowout year, but M&A resiliency remains amid soft market, improving geopolitical outlook

Zurich enters Australian home insurance market via new Honey tie-up

State Bank of India confirms listing plans for general insurance arm: reports

Axa taps P&C, life, specialty capabilities to target Asia’s high net-worth with cross-border offering

Tower’s NPAT falls 40.3% in H1 FY26 amid price softening, weather claims

Tokio Marine adjusted profit rises 17% to US$4.4bn on underwriting strength, lower nat cat losses

Lockton Singapore promotes Adin Eng to head of corporate risks, overseeing P&C

Hong Kong posts strong gross premiums in 2025, but P&C underwriting profits hit by Wang Fuk Court

Pacific insurance rates drop 12% in Q1, extending soft market streak to 2 years: Marsh

Asia insurance rates fall for ninth straight quarter: Marsh

IRDAI retains 4% obligatory cession for FY27 renewals

Krishnamoorthy Rao returns to Generali to lead India P&C JV

Ping An P&C doubles FY25 underwriting profit to US$1.5bn, COR improves to 96.8%

China Taiping’s Hong Kong P&C COR hits 103.4% in FY25 after Wang Fuk Court fire

‘Promising’ outlook as Japan’s P&C insurers reap benefits from diversification

Warburg Pincus weighs sale of Oona Insurance after buyer interest: Bloomberg