Industry Segments: Insurers Page 2 / 9
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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
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
Korea mulls restarting MG Non-Life sale process, but will persist with liquidation process: reports
KDIC said it has reached agreement with insurer's labour union to pursue both the transfer of insurance contracts to five non-life insurers and the sale.
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- July 2 2025
QBE Asia amps up wholesale team with 2 senior leadership appointments
Wholesale insurer has named Hong Kong-based Cynthia Huang head of Taiwan and Greater China desk (facultative reinsurance) and Singapore-based Young Jun Lee as head of wholesale Asia, construction and engineering.
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- July 1 2025
IAG lifts profit outlook as nat cat bill comes in below forecast
Australian insurer revealed that natural peril costs for FY2025 had come in roughly US$132m below expectations.
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- July 1 2025
Chubb strengthens global broker division in Australia with key leadership changes
Jennifer Vanek appointed national strategic relationship manager, global brokers division; John De Felice and Ryan Spettigue national relationship managers.
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- July 1 2025
Allianz Commercial names Alex Shi as regional head of liability
Shi joins from Allianz Insurance Singapore, where he was the chief underwriting officer.
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- 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.
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- June 27 2025
QBE promotes Patricia Priest to chief underwriting and transformation officer for Australia Pacific
Sydney-based Priest has been with QBE for over five years.
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- June 26 2025
Indian government to reduce stake in GIC Re, New India Assurance: report
Government will divest a 5% stake in New India Assurance Company and 3.5% stake in GIC Re in FY26 to ensure compliance with the minimum public shareholding norms.
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- June 26 2025
QBE confirms new claims ‘strategic direction’, with ‘roles impacted’
Rachel Elmes, Arron Mann, Brenton Crabb, and Kate Peterson will leave the firm, IAN understands.
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- June 26 2025
QBE names Jo Hatcher as consumer MD for Australia Pacific
Sydney-based Hatcher has been with QBE for six years and has been general manager for SME and digital innovation since 2022.
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- June 25 2025
Everest Insurance launches Korea desk, led by Brian Jee
Singapore-based Jee joined Everest two years ago from Chubb as a senior underwriter.
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- June 25 2025
Tokio Marine seeks ‘geographic diversity’, eyes US P&C expansion amid global acquisition push: report
New CEO Masahiro Koike says 'if there are good opportunities, we want to grab them'.
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- June 24 2025
Allianz Australia names Luke Whenman as chief claims officer
Sydney-based Whenman was previously Suncorp's executive general manager for motor claims.
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- 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.
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- June 24 2025
Korean insurers to face capitalisation pressure due to falling interest rates, tighter norms: Fitch Ratings
Ongoing volatility in investment returns amid financial market uncertainty could challenge the overall stability of insurers’ profitability, according to the global rating agency.
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- 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.
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- June 23 2025
Zurich Kotak launches commercial insurance division
The carrier will expand into commercial property, liability, marine, and engineering, covering a range of businesses from SMEs to large corporates.
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- June 23 2025
Fitch upgrades outlook for Sinar Mas to positive on improved capitalisation, profitability
Global rating agency revises the Jakarta-based insurer’s financial strength rating outlook to positive from stable, and affirmed an AA+(idn) rating.
