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Emerging risks | Growth Opportunities | APAC Insurance

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Friday, September 25, 2026

Non-life

indian-insurtech-square-insurance-secures-1m-funding-from-recur-club
Indian insurtech Square Insurance secures $1M funding
August 22 2023
The digital broker plans to use the capital injection on technology and expansion.
iag-reveals-au7bn-in-greensill-claims
IAG reveals AU$7bn in Greensill legal claims
August 21 2023
With multiple lawsuits looming, IAG's annual report reveals 20 legal claims at an estimated value of A$7bn (US$4.5bn)
iags-gwp-up-10-6-but-underwriting-profit-down-35-in-fy2023
IAG's GWP up 10.6%, but underwriting profit down 35% in FY2023
August 21 2023
Net profits up 140% thanks to investing results, but combined ratio deteriorates to 93.6% due to Nat Cats in Australia and New Zealand.
marsh-to-acquire-honan-insurance-group
Marsh to acquire Melbourne-headquartered Honan Insurance Group
August 21 2023
The deal is believed to value Honan at AU$700m (US$448m) and is set to be finalised in 2023, pending regulatory approval.
insurers-paid-out-au36-5bn-in-claims-in-2022-insurance-council-of-australia
Insurers paid AU$36.5bn in claims in 2022: Insurance Council of Australia
August 19 2023
The ICA said insurers are undertaking improvements to ensure profitable and sustainable products for Australians, despite challenges from Nat Cats and inflation.
new-zealands-dpls-outlook-upgraded-following-combined-ratio-improvement
New Zealand-based DPL receives outlook upgrade following combined ratio improvement
August 18 2023
AM Best revised DPL's outlook from stable to positive, after the motor and life insurer's combined ratio improved to 77.4% in 2023.
vesttoo-situation-underlines-importance-of-managing-counterparty-risk-am-best
Vesttoo situation underlines importance of managing counterparty risk: AM Best
August 18 2023
An AM Best report shows letters of credit account for 22% of total collateral held, emphasising the need for rigorous due diligence.
korean-pis-underwriting-challenges-and-mitigation-measures-acknowledged-as-ratings-affirmed-1
Korean P&I's ratings affirmed, as underwriting challenges and mitigation measures acknowledged
August 18 2023
AM Best affirmed KP&I's financial strength and credit ratings, recognising measures to counteract deteriorated and volatile underwriting performance.
perils-third-industry-loss-estimate-for-nzs-cyclone-gabrielle-surpasses-nz-2bn
PERILS releases third loss estimate for Cyclone Gabrielle, surpassing NZ$2bn
August 17 2023
The industry loss estimate for the February Nat Cat has increased to NZ$2.018bn (US$1.19bn).
edward-kopp-appointed-as-chubbs-regional-president-for-far-east
Edward Kopp appointed as Chubb's Regional President for Far East
August 17 2023
Kopp will lead the Far East region, overseeing business operations in Japan.
janice-mo-announced-as-chubbs-new-country-president-for-korea
Chubb promotes Janice Mo as Country President for Korea
August 17 2023
Mo, a veteran insurance professional with over 30 years in financial services, will be Chubb's new Country President for its general insurance operations in Korea.
global-insurance-sports-sponsorship-spending-tops-us1bn-in-2023-led-by-aia
Global: Insurance sports sponsorship tops US$1bn in 2023, led by AIA
August 17 2023
A surge in a volume of sponsorship deals has pushed the insurance sector's spending on sports sponsorships past US$1bn, with a notable increase in football partnerships, reports GlobalData.
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25 September