News

gallagher-re-takes-full-control-of-japan-pampc-facultative-portfolio-names-first-global-facultative-ceo

Gallagher Re assumes 100% ownership of Japan P&C facultative portfolio, names first global fac CEO

July 3 2025

Pablo Muñoz has been named as new CEO, with new hires in Singapore and London to support the company's growth goals.

allianz-commercial-introduces-new-climate-risk-advisory-service

Allianz Commercial launches new climate resilience platform to support risk mitigation strategies

July 3 2025

Platform blends analytics and consultancy to guide climate risk planning and investment decisions.

tasmanians-liberals-pledge-to-create-tasinsure-to-cut-insurance-costs

Tasmanian Liberals pledge to create state-owned insurer to cut insurance costs

July 3 2025

The political party has pledged to set up TasInsure to offer home, contents, small business, and event cover, if re-elected at the 19 July state poll.

mapfre-re-to-integrate-iceyes-flood-data-into-catastrophe-response

MAPFRE RE to integrate ICEYE’s flood data to strengthen catastrophe response

July 2 2025

The collaboration gives MAPFRE RE access to building-level flood data within hours of an event.

howden-japan-acquires-majority-stake-in-holos-holdings

Howden Japan acquires majority stake in retail insurance broker Holos Holdings

July 2 2025

The transaction marks Howden’s continued expansion in the Japanese insurance sector following its 2024 market entry.

HSBC Life expands Greater Bay Area reach with Ant Bank Macau tie-up

July 2 2025

The strategic tie-up makes will see HSBC Life products offered to customers through Ant Group’s Alipay Macau app.

ica-australias-extreme-weather-losses-balloon-to-over-a1-8bn-in-2025

ICA: Australia's H1 nat cat losses amount to over A$1.8bn

July 2 2025

Ex-Tropical Cyclone Alfred accounted for three-quarters of the incurred losses at A$1.36bn.

Authorities to again pursue sale of MG Non-Life Insurance after policy reversal: Reports

July 2 2025

Decision comes weeks after regulators announced plans to liquidate the insurer through a bridge insurance mechanism.

suncorp-adopts-multi-year-structured-reinsurance-layer-with-profit-share-loss-cap

Suncorp trims reinsurance tower, maintains core structure after strategic review

July 2 2025

New structure aims to reduce earnings volatility and improve capital efficiency following a strategic review.

kkr-funded-ascend-asia-buys-finexis-in-singapore

KKR enters Singapore advisory market with new Ascend Asia platform

July 1 2025

The new platform will offer strategic support to advisory firms, with finexis set to become its first member following a planned acquisition.

Mumbai-14Feb2020TheGatewayOfIndiaMonument

GIC Re shifts Lloyd’s syndicate 1947 management to Asta

July 1 2025

Asta, part of Davies Group, assumes full oversight and operational duties for the syndicate, effective 1 July.

japans-dai-ichi-life-plans-to-double-investment-target-to-us4bn-report

Japan's Dai-ichi Life looking to double investment target to US$4bn: Report

July 1 2025

The pronouncement follows Dai-ichi Life's acquisition of UK insurer and asset manager M&G last month.

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