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AIA Hong Kong allocates additional HK$20m for those impacted by Tai Po fire
December 3 2025
The amount brings the insurer’s total financial aid for those affected by the Wang Fuk Court fire to HK$40m.
Pacific Life Re names Soichiro Makimoto as head of Japan Representative Office
December 3 2025
He joins the reinsurer from Moody's Japan, where he recently served as vice president - senior credit officer.
QBE appoints Sebastian Tjornelund as Asia head of marine underwriting
December 3 2025
Tjornelund will oversee QBE's marine and facultative reinsurance business across Asia.
GAIP appoints Leong as director of fundraising and partnerships, Li as associate director
December 2 2025
Leong joins Global Asia Insurance Partnership from NTU Singapore, while Li relocates to Singapore from Brisbane.
Wang Fuk Court fire expected to lift Hong Kong non-life insurers’ combined ratio by up to 3 points — S&P
December 2 2025
Hong Kong's P&C industry expected to maintain an underwriting profit, but firms may review risk retention, pricing, and reinsurance strategies.
LIC appoints Ramakrishnan Chander as managing director
December 2 2025
He previously served as the company's executive director (Investment–Front Office) and chief investment officer.
Wang Fuk Court fire expected to "halt downward pressure" on Hong Kong property reinsurance rates, says AM Best
December 2 2025
The Tai Po blaze could prompt reinsurers to tighten terms and impose stricter underwriting at upcoming renewals.
Berkley Re Asia promotes Si Wei Tay and Billy Kwan
December 2 2025
Tay named as head of claims and Kwan as head of property and business at the reinsurer.
India’s non-life premiums flat in October, but personal accident surges 41%
December 2 2025
'Miscellaneous' business lines slump on AIC’s 82% drop, while Tata AIG records double-digit expansion across every business line.
AM Best affirms NongHyup P&C’s ratings as CSM growth slows amid regulatory shifts
December 2 2025
NongHyup P&C’s 2024 combined ratio stood at 95.1%, with underwriting performance steady amid sector and regulatory changes.
TQR taps Ashirawat Rongkacharoenrat as SVP for facultative business development
December 2 2025
Rongkacharoenrat steps into the role after more than two decades in reinsurance and insurance standards development.
Australia's GI Code Committee flags unclear data use, refusal failures in motor insurance applications
December 2 2025
The review found that seven out of 13 insurers asked for personal details without explaining their relevance, while five failed to give clear reasons when refusing cover.
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