Non-life

Hong Kong skyline with financial graphs overlay, related to PICC HK ratings upgrade.

AM Best upgrades PICC Hong Kong as inward reinsurance book grows

July 16 2026

The insurer's push into Chinese Interest Abroad business helped to drive double-digit top-line growth.

Sydney skyline and Bondi Beach during a sunny day in Australia.

Australia cyclone pool expands as insurer participation rises in home and SME

July 16 2026

Higher insured values pushed up home and strata premiums, while cyclone risk pricing remained broadly stable across the pool.

Vincent Wang, marine risk engineer, with ships in the background.

Markel appoints Shanghai-based marine risk engineer to build out Greater China capabilities

July 16 2026

Vincent Wang brings over 16 years of marine experience to the role.

Anouk Sireude, new head of marine at AIG, in front of a port with cargo ships.

AIG promotes Anouk Sireude to head of marine, Pacific

July 16 2026

Sireude joined the business two years ago and now takes on responsibility for both inland and ocean marine across Australia and New Zealand.

Business professional with a cargo ship in the background at sea.

Starr taps Sparks Lai as head of marine business development for North Asia

July 16 2026

He joins from Generali Global Corporate & Commercial, where he most recently served as business development manager for marine.

icici-lombard-invests-0-39bn-in-hdfc-bank-to-deepen-banking-exposure

ICICI Lombard ordered to pay US$8m in dispute linked to Bharti AXA policies

July 16 2026

The insurer said it is evaluating legal options after the arbitral tribunal directed it to pay the award plus interest.

Satellite image of a large hurricane swirling over the western Pacific near the Philippines and East Asia.

Typhoon Bavi: Zhejiang-based insurers pay US$11m as claims mount

July 16 2026

Ping An’s claim count surged more than fivefold in two days as insurers continued assessing losses from the storm.

Allianz Worldwide Partners Japan rebrands to Allianz Partners

July 16 2026

The move aims to simplify customer and partner interactions by aligning business with the group’s architecture as part of its "One Brand Strategy."

Large cargo ship navigating the Strait of Hormuz with containers onboard.

Hormuz war-risk rates climb again after brief easing in June

July 15 2026

Renewed strikes on vessels have lifted Hormuz war-risk rates to around 2% to 4% of hull value, though they remain below March's highs.

Seal of the Reserve Bank of India on a red gate with a tiger and palm tree emblem in relief behind bars outside a stone building.

RBI proposes one-time approval for insurers to raise bank holdings

July 15 2026

Draft amendments would allow qualifying institutional investors to increase their shareholding in the same bank without seeking repeated regulatory approvals.

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