Non-life

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.

sandeep-gopal-moves-to-malaysia-as-aig-chief-risk-officer-in-apac

Sandeep Gopal moves to Malaysia as AIG's Chief Risk Officer for APAC

July 3 2025

He moves from Fairfirst Insurance, Sri Lanka to take up the new role.

Howden Re sets up Hong Kong reinsurance platform, appoints Roy Wong as MD

July 3 2025

The firm has also named Brian Chan and Karen Liu as senior brokers for its Hong Kong team.

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.

Kelvin John Nathan appointed Vice President, PMO, Asia Pacific at Sompo

July 3 2025

Nathan has been with Sompo since 2021 and has since held key roles in corporate planning, strategic projects, and the CEO’s office.

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.

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