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ASIC cancels CAIP Services broker's licence over inactivity

July 13 2026

The former general and life risk insurance adviser held its licence for 13 years before ASIC found it had stopped trading and struck it off.

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AM Best assigns A- rating to Ping An Hong Kong as underwriting margin improves

July 13 2026

The Hong Kong subsidiary swung back to profit in 2024, with the ratings agency also pointing to the importance of its cross-border role linking mainland China and Hong Kong.

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Brown & Brown and Howden climb AM Best global broker top 10

July 10 2026

Acquisition-led growth propelled several brokers up AM Best's latest global rankings, with Marsh retaining its top spot for a 16th consecutive year.

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Japan Post, SCOR sign MOU for reinsurance vehicle, ceding of life policies

July 10 2026

The Japanese insurer plans to hold less than 50% of the voting rights in the SCOR-run structure, which would pool and diversify risks from both firms.

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China's July floods drive 320,000 claims, US$323m in payouts so far

July 10 2026

Reservoir breaches from Typhoon Maysak drove much of the loss, with insurers bracing for more as Typhoon Bavi approaches.

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China's insurers fast-track claims after deadly Guangxi floods, Hubei tornadoes

July 10 2026

Ping An P&C alone has reported more than 10,000 claims worth an estimated CNY110m (US$16.17m).

White Tesla Model X with falcon wing doors raised, a man sits in the driver’s seat inside a showroom.

ICA calls on government to require carmakers to sell parts to independent repairers

July 10 2026

Industry body says broader Right to Repair reforms would help curb repair costs and reduce upward pressure on motor insurance premiums.

Four girls and a supervising adult at a cafeteria table, chatting and eating lunch items like fruit, bread, and vegetables.

AIA names winners of Healthiest Schools competition, expands programme to Myanmar and New Zealand

July 10 2026

The insurer awarded US$100,000 to schools across Asia Pacific as it broadens the initiative's regional footprint for 2026/27.

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Arrow Global Insurance acquires Australian MGA Fusion Specialty

July 9 2026

The acquisition strengthens AGI's Asia-Pacific footprint and comes months after Fusion expanded into Japan's transactional risk market.

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XN Global launches health insurance offering in Hong Kong

July 9 2026

The move broadens the managing general agent’s reach in Asia through a tie-up with local carrier Asia Insurance.

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Steadfast extends exclusivity period as Amwins, Dragoneer reaffirm US$5.33bn bid

July 9 2026

The deal would give Amwins a significant foothold in the Asia-Pacific market through Steadfast's underwriting agency operations.

Generali building with a colorful overlay of stock charts, conveying financial performance.

Generali China sees improved COR in 2025 as Fitch affirms rating

July 9 2026

Lower catastrophe losses and a change in reserving methodology drove the improvement.

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