Non-life

7600-life-and-1100-property-policies-iussed-to-wang-fuk-court-residents-says-hkia-as-first-payouts-begin

7600 life, 1100 property policies linked to Wang Fuk Court residents, says HKIA, as first payouts begin

December 4 2025

China Taiping says it has paid HK$5.37m (US$690k) in the first wave of compensation to residents.

hkfi-raises-over-hk9m-for-tai-po-fire-victims

Insurance companies donate over HK$327m to Tai Po fire victims

December 4 2025

Insurers raise US$42m to aid victims of Hong Kong's Wang Fuk Court fire, with HKFI-led donation drive raising HK$9.17m.

Asia-Pacific D&O market softens even as insolvency and geopolitical risks build — Allianz Commercial

December 4 2025

Soft pricing masks a more complex risk landscape as rising insolvencies, geopolitical volatility and emerging tech exposures reshape liability pressures for APAC directors.

bolttech-acquires-kenyan-insurtech-mtek-to-deepen-africa-presence

bolttech deepens Africa presence with acquisition of mTek

December 3 2025

Acquisition of Kenyan platform supports Singapore-headquartered insurtech's growth plans in Africa.

iag-partners-with-codafication-to-modernise-property-claims-workflow

IAG partners with Codafication, adopts Crunchwork platform to streamline property claims

December 3 2025

The system aims to allow real-time coordination among suppliers, assessors, and customers through a single platform.

qbe-officially-appoints-sebastian-tjornelund-as-asia-head-of-marine-underwriting

QBE appoints Sebastian Tjornelund as Asia head of marine underwriting

December 3 2025

Tjornelund will oversee QBE's marine and facultative reinsurance business across Asia.

GAIP appoints Leong as director of fundraising and partnerships, Li as associate director

December 2 2025

Leong joins Global Asia Insurance Partnership from NTU Singapore, while Li relocates to Singapore from Brisbane.

Wang Fuk Court fire to raise Hong Kong non-life insurers combined ratio by up to 3 points estimates SP

Wang Fuk Court fire expected to lift Hong Kong non-life insurers’ combined ratio by up to 3 points — S&P

December 2 2025

Hong Kong's P&C industry expected to maintain an underwriting profit, but firms may review risk retention, pricing, and reinsurance strategies.

hong-kong-fire-losses-may-exceed-us200m-with-material-portion-expected-to-hit-reinsurers-am-best

Wang Fuk Court fire expected to "halt downward pressure" on Hong Kong property reinsurance rates, says AM Best

December 2 2025

The Tai Po blaze could prompt reinsurers to tighten terms and impose stricter underwriting at upcoming renewals.

Berkley Re Asia promotes Billy Kwan and Si Wei Tay

Berkley Re Asia promotes Si Wei Tay and Billy Kwan

December 2 2025

Tay named as head of claims and Kwan as head of property and business at the reinsurer.

India’s non-life premiums flat in October, but personal accident surges 41%

December 2 2025

'Miscellaneous' business lines slump on AIC’s 82% drop, while Tata AIG records double-digit expansion across every business line.

south-koreas-nonghyup-property-and-casualty-insurance-gets-affirmed-credit-ratings-on-strong-balance-sheet-parental-support-am-best

AM Best affirms NongHyup P&C’s ratings as CSM growth slows amid regulatory shifts

December 2 2025

NongHyup P&C’s 2024 combined ratio stood at 95.1%, with underwriting performance steady amid sector and regulatory changes.

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