Business type

Gallagher Re appoints Chulmin Jang as Korea CEO

May 28 2025

Jang brings extensive experience and joins from Aon Re to take on the new role.

Noemi Azura named CEO of Generali Life Assurance Philippines

May 28 2025

Azura's appointment follows InLife's fresh acquisition of Generali Philippines.

allianz-commercial-global-shipping-faces-mounting-risks-amid-trade-tensions-rerouting-costs

Geopolitics, rerouting push global shipping risks to new highs: Allianz

May 28 2025

Global shipping is under pressure as US tariffs, costly rerouting, shadow fleets, and a spike in vessel fires disrupt trade and raise safety concerns.

ICA escalates classification of NSW floods to 'Insurance Catastrophe'

May 27 2025

Insurers have received almost 5,000 claims after severe floods struck the Mid North Coast and Hunter regions in New South Wales.

fitch-tk-cn-records-profitable-cor-since-2022

Tk.cn Insurance’s stable investment returns expected to offset volatile underwriting activity: Fitch

May 27 2025

Fitch affirmed the digital insurer's 'A-' IFS rating with a 'Stable' outlook, citing strong liquidity and sustained operating profits.

Sompo hires David Chau as SVP, Head of Project Management Office for APAC

May 27 2025

He will lead the regional PMO and drive strategic projects across APAC.

India’s GI market grows 13% in April

May 27 2025

Year-on-year growth returned after a rare fall in March, led by gains in health, motor, and fire lines.

Gallagher Re acquires China's Nongxin Insurance Brokerage Company

May 27 2025

Deal aligns with the reinsurance broker's strategy to strengthen its presence in APAC.

Hanwha Life’s shift towards protection products prompts Moody’s upgrade

May 27 2025

The upgrade follows a rise in return on capital to 3.4% and a maintained solvency ratio of 163.7% despite market pressures.

Claims lodged from flood-battered NSW rise to 4,100: ICA

May 27 2025

Majority of the claims are coming from the Mid Coast, followed by the Central Coast and Lake Macquarie.

sampp-global-upgrades-qbes-credit-rating-as-cor-improves

S&P upgrades QBE’s credit rating on stronger underwriting and profit growth

May 26 2025

The ratings agency raised the long-term issuer credit rating of QBE Insurance Group Ltd. to 'A' from 'A-'.

Soon Liang Lau appointed as CEO of FWD Philippines

May 26 2025

Lau takes the helm from Antonio Manuel De Rosas, bringing over 20 years of industry experience.

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