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Wednesday, August 5, 2026
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Leo Laparan II
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South Korea to ban seizure and transfer of aviation insurance payouts from June
May 15 2026
The amendments also bar insurers from refusing mandatory cover for light aircraft and drone operators without valid grounds.
Howden India names Ram KS as growth leader for sales
May 14 2026
He joins the global broker after over five years at Gallagher.
Philippines’ Insurance Commission grants relief measures to consumers, regulated entities amid national energy emergency
May 14 2026
The measures provide 90-day grace periods for premiums, coverage extensions, and loan repayments, with report submissions given a 30-day extension without fines or penalties.
Thai Re net profit surges 426% in Q1, but GWP falls 12%
May 13 2026
Thai Re attributed its GWP decline to a targeted cut in health business, while underwriting profit improved due to lower catastrophe losses.
Ardonagh strengthens Asia push with new MGA leader
May 13 2026
Jason Anthony will lead the business's efforts to grow its MGA presence across Asia.
Sompo welcomes Sarah Lee as multinational network manager, APAC
May 13 2026
She specialises in leading multinational programmes and structuring complex global risks across multiple lines.
Gallagher Re names Russell Hails as head of MGA solutions for APAC
May 12 2026
Hails joined the broker last year to rebuild its Pacific MGA business, with the new role representing an expansion of his duties.
KDIC relaunches Yebyeol General Insurance bidding process after April setback
May 12 2026
If the sale fails again, Yebyeol’s insurance contracts are set to move to five leading South Korean non-life insurers.
Philippines’ Insurance Commission issues cease-and-desist order to Vigattin Insurance, Antz Insurance
May 12 2026
IC says the insurers had been acting as agents for at least 14 insurers despite lacking valid licences to do so.
Sompo hires Gally Wong as senior construction underwriter for Hong Kong, Macau, and Taiwan
May 12 2026
The chartered civil engineer brings over 10 years of regional underwriting experience in engineering and on-site construction expertise.
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