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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.

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.

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.

LIC sells over 588,000 life insurance policies in one day

May 26 2025

State-owned insurer bags Guinness World Record, with over 450,000 agents working together to issue the policies in January.

ICA: Insurance claims from flood-battered NSW top 3,600

May 26 2025

The ‘once-in-500-years’ disaster has killed five and damaged 10,000 properties.

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Fitch downgrades Taiwan’s life insurance sector outlook to ‘deteriorating’ following currency surge

May 26 2025

The sharp rise in the NTD is projected to increase the cost of currency hedging.

hong-kong-life-insurers-pivot-to-protection-products-under-new-solvency-rules

Hong Kong life insurers reshape products and capital as IFRS 17 and RBC take hold: Fitch

May 26 2025

Industry is pivoting towards protection-focused products, capital efficiency and long-term sustainability under regulatory reforms.

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New Zealand Medical Indemnity Insurance ROE soars to 25.8% in 2024: AM Best

May 23 2025

The ratings agency affirmed NZMII’s ratings with a stable outlook.

SMBC's total recoveries from aircraft stranded in Russia now at US$1.41bn: Report

May 23 2025

The company has recovered a further US$654m from insurance over the past year.

Naveen Tahilyani joins Prudential as regional CEO, Rajeev Mittal named CEO of Eastspring

May 23 2025

Tahilyani joins from Tata Digital and will lead India, Africa, the Philippines, Cambodia, Laos, and Myanmar, while Mittal joins following six years at Fidelity.

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