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Friday, July 24, 2026
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Non-life
Michael Skeens promoted to newly created chief operation officer post at Tower Insurance
May 26 2026
He joined the insurer in 2024 and was most recently its head of customer contact centre.
Direct customer ownership key to improving profitability for India's general insurers — Praxis
May 25 2026
Persistent underwriting losses and high distribution costs weigh on India’s general insurers, with direct models and customer ownership seen as key to improving economics.
Mercer Marsh Benefits names Lawrence Poh as first facility and voluntary benefits leader for Asia
May 25 2026
Poh will oversee the rollout of multi-year voluntary solutions for health, life, and general insurance across Asia.
Howden Asia appoints Manikandan Krishnamoorthy as regional director for risk and engineering advisory
May 25 2026
He joins the broker after over two decades with FM.
DB Insurance sets May closing for US$1.65bn Fortegra acquisition
May 25 2026
The South Korean insurer moves closer to completing Fortegra acquisition, advancing its international expansion strategy in the US market.
Ping An P&C profits from NEV business line in 2025 as AM Best affirms ratings
May 25 2026
Insurer reported insurance service revenue of CNY338.9bn (US$48.4bn) and a 10.3% return on equity in 2025.
India GI premiums reach new heights as health, cargo and personal accident offset April fire slump
May 25 2026
Several major lines helped contribute to record monthly premiums, cushioning a sharp pullback in fire, where coverage remains thin.
Korea launches marine war-risk pool for ships in the Strait of Hormuz
May 25 2026
The KRW300bn (US$197.5m) facility aims to ease costs and secure cover for smaller Korean shipping firms exposed to heightened Middle East risks.
FM rolls out worldwide hail hazard map as losses climb
May 25 2026
The map uses 500,000+ observations to add detail on hailstone size and impact energy for sharper risk assessment.
India’s jUMPP secures IRDAI approval to enter insurance distribution
May 22 2026
The fintech platform plans to expand into health, life, motor, business and home insurance offerings through insurer partnerships.
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