Financial lines

david-augustyniak-moves-to-delta-insurance-australia-as-underwriting-manager

David Augustyniak joins Delta Insurance Australia as Underwriting Manager for Cyber and PI

July 22 2025

Augustyniak moves from BHSI to take up the new role.

David Wang joins Starr Insurance as Head of Financial Lines for APAC

July 21 2025

He moves after nearly 15 years with Zurich Insurance.

chinese-regulator-requires-unified-reporting-and-sales-in-non-auto-insurance

China's NFRA proposes unified reporting and sales rules for non-life insurers

July 18 2025

The new standard would require insurers to sell products at prices that match pricing and expense assumptions filed with regulators, but exclude specified lines such as motor and agriculture.

Ransomware Attack Disrupts Korea's Largest Guarantee Insurer: Report

July 17 2025

The ransomware attack has stalled Seoul Guarantee Insurance's services and impacted critical sectors, including the country’s rental housing market.

Personal accident surges 85% in India’s GI market in June

July 17 2025

Fire, engineering, and liability insurance all posted double-digit growth in June.

apac-cyber-insurance-claims-rise-22-as-ai-driven-attacks-and-social-engineering-incidents-surge

APAC cyber insurance claims rise 22% in 2024: Aon

July 16 2025

AI-driven social engineering claims in APAC surged 233% in 2024, according to Aon's 2025 Cyber Risk report.

hdi-global-descartes-launch-parametric-earthquake-cover-in-japan

HDI Global, Descartes launch parametric earthquake product in Japan

July 14 2025

Generali GC&C are acting as a key reinsurer for the solution.

Construction costs, labour shortages keep Australian claims inflation elevated

July 14 2025

Rising costs and systemic delays are forcing insurers to reassess how they handle property and business interruption claims, says Crawford.

AM Best maintains stable outlook for global cyber insurance as demand, AI usage grow

July 14 2025

Expansion of reinsurance and AI-driven underwriting continue to support segment resilience.

Aon appoints senior leadership roles in Singapore, Indonesia, Malaysia

July 14 2025

Business announced new roles for Richard Tan, Jennifer Chan, and Mike Ang.

wampi-claims-rise-across-apac-amid-disclosure-challenges-and-timing-concerns

W&I Claims rise across APAC as insureds report earlier and broader breaches

July 11 2025

Carriers in the region are also investing in local claims resources as demand and complexity grow.

japans-mitsui-sumitomo-eyes-majority-stake-in-tmu

Japan's Mitsui Sumitomo to acquire majority stake in W&I specialists Time Machine Underwriters

July 10 2025

MSI says it plans to make the MGA a wholly owned subsidiary after it first completes the majority stake purchase.

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