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Emerging risks | Growth Opportunities | APAC Insurance

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Friday, July 24, 2026

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extreme-weather-impact-on-australian-economy-has-tripled-over-the-last-30-years-ica
Australia's insured losses from catastrophe weather events triple to 0.7% of GDP over 30 years: ICA
August 19 2024
Despite a sharp increase in premiums, insurers' profits remain stagnant due to escalating natural catastrophe losses.
zurich-recruits-nixon-ooi-from-chubb-as-head-of-accident-amp-health-singapore
Zurich recruits Nixon Ooi from Chubb as Head of Accident & Health, Singapore
August 19 2024
Ooi joins after five years with Chubb, where he was serving most recently as Head of Accident & Health.
oliver-wyman-appoints-paul-ricard-as-apac-head-of-insurance-and-asset-management
Oliver Wyman promotes Paul Ricard to APAC Head Of Insurance And Asset Management
August 19 2024
Ricard moves from New York to Sydney for the new role.
hanwha-general-insurance-has-ratings-affirmed-amid-efforts-to-scale-digital-subsidiary
Hanwha General Insurance has ratings affirmed amid efforts to scale digital subsidiary
August 19 2024
AM Best affirms Hanwha General Insurance's ratings while highlighting its efforts to expand Carrot General Insurance.
australias-general-insurance-industry-ica-produce-expert-report-best-practice-standard
Insurance Council of Australia releases Expert Report Best Practice Standard
August 16 2024
The new guidelines were developed after customers and consumer advocates voiced concerns about expert reports being unclear, putting “non-experts at a disadvantage.” 
kb-indonesia-assigned-b-good-fsr-bbb-good-long-term-icr-by-am-best
AM Best assigns KB Indonesia's ratings, expects improved stability with rise in premiums, motor business 
August 16 2024
KB Indonesia has been assigned ‘B++’ (Good) FSR, and ‘bbb+’ (Good) Long-Term ICR by AM Best.
seadrif-endorses-yoshihiro-kawai-for-new-initiative-director-position
Yoshihiro Kawai formally appointed as SEADRIF Initiative Director
August 16 2024
Kawai takes on dual roles to fortify SEADRIF's impact on disaster risk finance and governance.
chinese-digital-insurance-broker-leading-group-to-go-public-via-spac-merger
Chinese digital insurance broker Leading Group to go public via SPAC merger
August 16 2024
The merger with Healthcare AI Acquisition Corp on the Nasdaq will value Leading Group at approximately US$430m.
delta-nz-names-sian-mullane-as-senior-property-underwriter
Delta NZ names Siân Mullane as Senior Property Underwriter 
August 16 2024
Mullane joins following over five years with Chubb.
jubilee-general-insurances-ratings-downgraded-amid-elevated-domestic-economic-and-political-risks
Jubilee General Insurance's ratings downgraded amid elevated domestic economic and political risks
August 16 2024
Despite logging a five-year average weighted 93.9% COR, AM Best downgrades ratings due to heightened economic, political, and financial system risks in Pakistan.
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