Business type

Trade uncertainty may drive up motor insurance rates: Swiss Re

May 6 2025

Emerging trade wars and tariffs are forcing motor insurers to reevaluate risk models as repair costs surge.

Howden appoints Marut Pommalee as Chief Client Officer for Thailand

Howden Thailand names Marut Pommalee as Chief Client Officer

May 6 2025

He previously served as the Managing Director of Sabuy Maxi.

RBI equips India’s insurers with new bond hedging tool

May 6 2025

Insurers can now leverage bond forwards for more precise protection against interest rate volatility.

market-lane-launches-ml-specialty-for-product-contamination-amp-recall-environmental-impairment-liability

Australia's Market Lane launches ML Specialty

May 6 2025

New MGA offers targetted coverage in three core areas, including a capacity of up to A$10m (approx. US$6.5m) for F&B contamination.

Indian insurers to push for removal of GIC Re’s 4% obligatory cession: Report

May 6 2025

In February, IRDAI confirmed the 4% obligatory cession rate would remain for FY2025–26.

Taiwan regulator summons life insurers amid currency surge, US bond pressures: Report

May 5 2025

FSC calls on insurers to assess portfolio risk after Taiwan dollar's surge, spurred by exporters and potentially influenced by insurers themselves.

Sompo brings on Wei Beng Toh as AVP for Operational Excellence in APAC

May 5 2025

Toh previously worked as Process Improvement Manager at Manulife Singapore.

The Pacific Insurance names Kevin Lim Khai Weng as Chief Distribution Officer (Non-Broking)

May 5 2025

Lim brings over two decades of experience to his new role.

Chubb promotes Titus Samuel to Head of Power and Construction for Asia

May 5 2025

Samuel has been with the business for over 15 years.

woori-financial-receives-regulatory-approval-to-acquire-tongyang-life-and-abl-life

Woori Financial receives conditional regulatory approval to acquire Tongyang Life, ABL Life

May 5 2025

Decision follows months of review and includes oversight to ensure Woori implements internal reform and capital plans.

uaa-renews-10-year-underwriting-deal-with-qbe

Steadfast's UAA Secures 10-Year capacity renewal with QBE

May 2 2025

Underwriting Agencies of Australia has renewed its agreement with QBE, ensuring ongoing capacity for its mobile plant and equipment insurance operations across ANZ.

hsbc-launches-hong-kongs-first-local-multinational-captive-insurer

HSBC forms first captive insurer by a multinational enterprise based in Hong Kong

May 2 2025

Launch marks new milestone in SAR's ongoing push to be Asia’s leading risk management hub.

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