Sunshine P&C’s H1 COR improves to 98.8%; underwriting profit up 42%
August 25 2025 by Mithun Varkey
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ZhongAn interim profit soars as underwriting gains, COR drops to 95.6%
- August 21
The Chinese online insurer reported underwriting profit of US$90m, up 109% year-on-year.
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Vesttoo creditors launch lawsuit against Aon, CCB for fraudulent conduct
- August 15
The complaint alleged Aon’s IP-linked product's transactions were the primary cause of Vesttoo’s downfall, while it also sought damage from CCB for forgery of letters of credit.
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Chinese lessor Avmax secures US$29m from Liberty-led insurers for planes lost in Russia
- August 12
Company had leasing contracts with Russian carriers for three Dash 8 turboprop regional airliners, which are now irretrievable due to sanctions.
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Willis hires Brian Fung as associate director for greater China M&A
- August 11
Hong Kong-based Fung joins after four years at Aon.
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Allianz General | Allianz General combines innovative protection solutions while powering social good to lead Malaysian market
The insurer proactively addresses emerging risks and evolving customer protection needs while giving back to the community.
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Sedgwick | Asia’s Energy Transformation – Balancing Growth, Risk and Renewables
Energy market presents unique risks, especially in a region which includes China and Japan as well as developing nations like Vietnam and the Philippines.
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Beazley | Turbulent Waters: the maritime energy transition challenge
Businesses are facing a complex transition to non-carbon energy sources amid a push to achieve net-zero emissions for the marine sector by 2050.
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Aon | Navigating shifts in the global and Asia insurance markets
Neelay Patel, Aon head of growth for Asia, says the market in Asia is at an ‘interesting stage of the cycle’.
