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Emerging risks | Growth Opportunities | APAC Insurance

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Saturday, August 1, 2026

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Anthony Dagostino joins AXA XL in newly created Global Chief Cyber Underwriting Role
September 15 2023
Dagostino, founder of cyber insurance firm Converge, steps into the newly created role to spearhead the company's cyber growth.
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ICNZ: Over NZ$2bn paid in Auckland floods and Cyclone Gabrielle claim settlements so far
September 15 2023
New Zealand insurers have settled 64% of claims volume, amounting to NZ$2.05bn (US$1.19bn) of the —newly revised — NZ$3.5bn (US$2.07bn) in claims.
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Markel expands APAC footprint with 3 new Australian offices; appoints AXA XL's Morison as Country Managing Director
September 14 2023
Markel is opening offices in Sydney, Melbourne and Brisbane and has hired industry veteran Rory Morison to head up the country's operations.
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Bowtie closes Series B2 funding round of US$34.9m
September 14 2023
The Hong Kong insurtech raised US$34.9m led by Sun Life Hong Kong Limited and with participation from Mitsui & Co.
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Sumitomo Life to buy Aviva's stake in Singlife for US$1bn
September 13 2023
Aviva will receive US$998m for its equity stake and two debt instruments, with Sumitomo Life increasing its total shareholdings to 49%.
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Fitch maintains Malaysia's P&O financial strength rating despite combined ratio of 133% in FY23
September 13 2023
Fitch Ratings has reaffirmed Pacific & Orient Insurance's IFS rating, citing the firm's strong capitalisation and prudent investment approach, despite stressed profitability and fierce competition...
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Seoul Guarantee Insurance set to go public on November 3rd
September 13 2023
The state-run Korean surety bond and credit insurance provider is set to go public with shares around US$35 each, potentially reaching a market cap of US$2.72bn.
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Moody's RMS establishes cyber steering group; announces significant investment in cyber analytics
September 13 2023
The group includes Munich Re, Gallagher Re and Bitsight and will aim to tackle constraints hindering growth of the cyber insurance market.
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Japanese car dealer Nextage Co.'s President resigns amidst fraudulent insurance scandals
September 13 2023
Koji Hamawaki steps down after scandals involving fraudulent auto insurance contracts as questions grow about the role Hamawaki's previous employer, embattled Bigmotor Co., played in Nextage's business...
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Aon hires Citibank's Plein as new APAC COO
September 13 2023
Aon appoints Jeff Plein as its new Chief Operating Officer for Asia-Pacific, to help drive growth and enhance the client experience in the region.
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