Business type

IAG reaches settlement with Greensill Bank over trade credit insurance claims

May 29 2026

Confidential settlement will not have a material impact on financial position or FY2026 results, says IAG.

Middle East conflict losses ‘manageable’ for specialty P&C insurers – Morningstar

May 29 2026

Demand is rising for political risk, trade credit and energy cover, while a prolonged Hormuz disruption could still push up losses.

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Buckle, Gateway insurance sue China Construction Bank for US$13m over Vesttoo LOC fraud

May 29 2026

The latest claim adds to multiple similar actions against China Construction Bank Corporation, with estimated exposure of around US$2.81bn.

Hyundai Marine & Fire Insurance targets Southeast Asia, Europe in overseas expansion drive — Report

May 29 2026

The Korean insurer is looking to expand beyond its home and established international markets, like Japan and China.

WTW appoints Cheryl Lee to lead FINEX business in Singapore

May 28 2026

Lee joins the broker from Aon, where she held financial lines roles over a six-year period.

Johnny Suen as Head of Property Hong Kong

QBE names Johnny Suen as head of property for Hong Kong

May 28 2026

He will also oversee property risks in Macau, Taiwan, and wholesale for Mainland China.

AIG appoints Tilden Goh as head of energy for Asia-Pacific

May 28 2026

Goh brings more than three decades of underwriting experience across complex energy portfolios.

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GIC Re cuts FY2026 underwriting loss by 47% as gross premium rises 7%

May 28 2026

Claims pressure eased over the year, although the reinsurer’s combined ratio remained above break-even.

India eyes US$1bn LIC stake sale next month — Report

May 28 2026

The government is reportedly planning to divest around 2% in the state-owned life insurer as part of efforts to meet public shareholding requirements.

Zurich appoints Alan James as assistant general manager and head of distribution for New Zealand

May 28 2026

The appointment forms part of Zurich’s efforts to strengthen broker engagement and expand its commercial insurance presence in the New Zealand market.

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