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Non-life
Korean insurers' Q4 profits expected to fall: Report
January 21 2025
Industry could see worst quarterly results since the implementation of IFRS 17.
LA Wildfires: insured losses projected up to US$45bn
January 21 2025
Industry losses estimated between US$10bn and US$45bn, with some Asia (re)insurers facing exposure.
MSIG Asia targets 15% CAGR profit growth to 2029
January 20 2025
Insurer is strengthening in digital distribution, as well as healthcare and cyber lines.
Mufei Lo joins Aon as Head of Marine Claims Advocacy, Asia
January 20 2025
Lo moves from Pequod Associates, where he has served since 2010.
Alllianz set to pay AU$170m in compensation after settling car add-on insurance class action
January 20 2025
ASIC has been criticising Australian insurer's car add-on insurance sales practices since 2016.
CCR Re officially rebrands to Arundo Re
January 17 2025
Rebrand was first announced in September.
MG Non-Life faces liquidation risk with potential sale in deadlock: Report
January 17 2025
Sale attempt woes continue as union blockades stall Meritz Fire & Marine's bid.
AM Best upgrades PTI's outlook to stable, citing gradual capital adequacy improvement
January 17 2025
Market share has declined in last two years, but Vietnamese insurer returned to underwriting profitability in 2023 and 9M 2024.
Fery Hakim moves to AIG Indonesia as CEO and President Director
January 17 2025
Hakim moves after a decade with Chubb.
Marsh Asia appoints Martin Beck and Robert Jones to key energy roles
January 17 2025
Beck (left) named Energy Transition Leader, Asia and Jones (right) Renewable Energy Leader for the region.
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