Non-life

Aon appoints new reinsurance leaders in Asia

July 4 2025

Tom Greenaway named Asia Strategic Growth Leader for Reinsurance; in Korea SP Hong appointed President, Reinsurance and Jay Choi as Director.

thai-general-insurance-sees-up-to-294bn-baht-premium-growth-amid-earthquake-recovery-trade-woes

Sector will adapt to volatility amid emerging nat cat and cyber risks, says Thai General Insurance Association

July 4 2025

The association is expecting the industry to book modest growth this year.

zurich-acquires-boxx-to-expand-sme-retail-cyber-insurance-services

Zurich acquires BOXX to expand global SME, retail cyber insurance capabilities

July 4 2025

Zurich will leverage cyber MGA's expertise, but BOXX will continue to operate under its own brand.

NatCat 2025 - Earthquake - Myanmar and Thailand

Thailand earthquake claims could climb to over US$1.5bn: Report

July 4 2025

Thailand’s non-life insurers have settled around 150,000 claims for the event so far.

fitch-affirms-zhonglus-bbb-rating-amid-capital-strain-from-business-expansion

Zhonglu's health focus improves COR but squeezes capital, says Fitch

July 4 2025

Fitch affirmed the Chinese insurer’s ratings, highlighting how the company’s strategic shift away from motor and property lines has reshaped its risk profile.

generali-puts-cyber-parametrics-and-multinationals-at-heart-of-asia-commercial-strategy

Generali puts cyber, parametrics and multinationals at heart of APAC commercial strategy

July 4 2025

Axel Roesner, Asia Head of GC&C, says regional expansion, improved loss prevention, and increased use of technology are core to new three-year plan.

NFRA calls for reinsurance to play a more significant role in China’s insurance market

July 4 2025

China’s reinsurance penetration rate stands well below the global average.

japanese-non-life-insurers-profits-driven-by-equity-divestitures-but-pace-set-to-slow

Equity sales drive profit for Japan’s non-life insurers, but future gains to rely on core business: Fitch

July 4 2025

Investment returns made up nearly all profit for Japan’s top non-life insurers in the year ending March 2025.

Taiwan extends tax exemptions for offshore insurance units to 2035

July 4 2025

The legislation also mandates the Financial Supervisory Commission to define the scope of "domestic use of funds."

australias-quay-marine-gains-coverholder-status-for-axa-xls-xl-insurance

Australia's Quay Marine appointed coverholder for XL Insurance

July 3 2025

MGA will cover commercial hull, marine liability, and cargo for the AXA XL subsidiary.

ardonagh-takes-majority-stake-in-hong-kongs-apex-insurance

Ardonagh acquires majority stake in Hong Kong’s Apex Insurance

July 3 2025

Ardonagh continues to build its APAC footprint, adding Apex to its portfolio.

Joanna Quigan relocates to Australia as Senior Underwriter, Professional and Financial Risks at Markel

July 3 2025

Quigan moves from Auckland, New Zealand, as Markel continues Asia Pacific build out.

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