Country: Asia Pacific Page 3 / 531
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- July 7 2025
CNPC Captive to maintain sound underwriting profits, with support from parent, government: S&P Global
The rating agency assigns its 'A+' local currency long-term issuer credit and insurer financial strength ratings, with stable outlook, to the captive insurer of China National Petroleum Corporation.
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- July 4 2025
Lockton appoints Shubhangi Pathak as director for transactional lines in India
Delhi-based Pathak is a corporate lawyer, bringing in over 16 years of experience, specialising in M&A.
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- July 4 2025
Thailand expects US$1.5bn insured losses from March earthquake: report
Around 150,000 claims totalling US$925m have already been filed, according to a Bangkok Post report, quoting the Thai General Insurance Association.
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- July 4 2025
Aon’s reinsurance solutions mixes up Asia team
Tom Greenaway has been promoted to the role of Asia strategic growth leader. with SP Hong and Jay Choi also added to the team.
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- July 4 2025
Qantas cyber breach to create turbulence for insureds and insurers, but losses could fly under the radar
AIG-led cyber program placed by Marsh is unlikely to be significantly hit, industry sources told InsuranceAsia News.
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- July 3 2025
Ardonagh strengthens Asia footprint with majority stake in Hong Kong-based Apex
Move for the provider of insurance broking and insurance agency services strengthens Ardonagh’s footprint in the region.
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- July 3 2025
XL Insurance Company SE appoints Australian MGA Quay Marine Insurance as coverholder
Quay Marine can now underwrite commercial hull, marine liability, and cargo risks on behalf of XLICSE, which is part of Axa XL.
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- July 3 2025
TasInsure proposal ‘poses significant financial risk’, ICA says
Tasmanian Liberals Party has announced plans to set up a state-owned insurance company.
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- July 3 2025
FWD Group’s US$442m Hong Kong IPO covered 38 times: report
Local media reported Hong Kong insurer attracted US$1.7bn from retail bookbuilding, with trading set to start on Monday.
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- July 3 2025
Japanese non-life insurers to rely more on underwriting, global growth: Fitch
Three major insurance groups - Tokio Marine, MS&AD, and Sompo - reported a sector-wide combined ratio of 99% in FY2025.
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- July 3 2025
Markel hires Joanna Quigan as senior underwriter for professional and financial risks
She will be based in Melbourne and report to Kym Beazleigh, head of professional and financial risks.
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- July 3 2025
Howden Re sets up treaty capability in Hong Kong with Roy Wong appointment
Wong will establish and lead the build-out of Howden Re’s treaty reinsurance offering for Hong Kong based clients, "reflecting the specific requirements of the region".
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- July 3 2025
Aon names Keiko Seta as head of Japan desk
Seta joins having spent the last five years at Miller Insurance Services.
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- July 3 2025
AIG appoints Sandeep Gopal as APAC CRO
Kuala Lumpur-based Gopal (pictured) will work closely with APAC president Chris Colahan having joined from Fairfirst Insurance.
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- July 2 2025
Gallagher Re to assume 100% control of Japan P&C cedent fac portfolio from JV partner Miller
Reinsurance broker has also appointed Pablo Muñoz as CEO for global facultative reinsurance business.
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- July 2 2025
Sompo promotes Kelvin John Nathan to APAC project management office vice president
Industry veteran will report to David Chau, senior vice president and head of PMO for APAC.
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- July 2 2025
Howden acquires majority stake in Japanese retail broker Holos Holdings
Global broker will pick up a 68.3% stake in the Kyoto-based life and non-life insurance intermediary with 20 branches in Japan.
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- July 2 2025
As ‘bomb cyclone’ hits Australia’s NSW, 2025 losses top US$1.2bn
Coastal low weather system has led to damaging wind and heavy rainfall since Tuesday.
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- July 2 2025
South Korea’s DB Insurance leading the race for US insurer Fortegra: reports
The approximately US$1.5 billion deal for the Florida-based specialty insurer is expected to be finalised by August.
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- July 2 2025
WTW elevates Mark Thompson as regional construction director for Asia
Thompson will be based in Hong Kong, having recently relocated from Sydney, where he previously held the role of broking director for construction across the Pacific region.