Property

Sompo Hong Kong names heads for property, mid-corp and SME underwriting as part of new leadership structure

December 10 2025

Ophelia Szeto will lead property & construction while Jessica Lai will head mid-corp & SME underwriting.

December 10 2025

S&P cited guarantee from Odyssey Reinsurance as the basis for aligning Sing Re’s rating with its Connecticut-based sister company.

Aaron Shead appointed head of property for Chubb Overseas General Insurance

December 9 2025

Shead has been with the business for over 25 years, most recently serving as head of fire for COG.

7600-life-and-1100-property-policies-iussed-to-wang-fuk-court-residents-says-hkia-as-first-payouts-begin

7600 life, 1100 property policies linked to Wang Fuk Court residents, says HKIA, as first payouts begin

December 4 2025

China Taiping says it has paid HK$5.37m (US$690k) in the first wave of compensation to residents.

iag-partners-with-codafication-to-modernise-property-claims-workflow

IAG partners with Codafication, adopts Crunchwork platform to streamline property claims

December 3 2025

The system aims to allow real-time coordination among suppliers, assessors, and customers through a single platform.

Wang Fuk Court fire to raise Hong Kong non-life insurers combined ratio by up to 3 points estimates SP

Wang Fuk Court fire expected to lift Hong Kong non-life insurers’ combined ratio by up to 3 points — S&P

December 2 2025

Hong Kong's P&C industry expected to maintain an underwriting profit, but firms may review risk retention, pricing, and reinsurance strategies.

hong-kong-fire-losses-may-exceed-us200m-with-material-portion-expected-to-hit-reinsurers-am-best

Wang Fuk Court fire expected to "halt downward pressure" on Hong Kong property reinsurance rates, says AM Best

December 2 2025

The Tai Po blaze could prompt reinsurers to tighten terms and impose stricter underwriting at upcoming renewals.

lloyds-approves-ariel-res-new-syndicate-2006-for-2026-launch

Lloyd’s approves Ariel Re Syndicate 2006 for 2026 launch

December 1 2025

The planned portfolio includes marine, energy, cyber, transition, and renewables.

ph-property-insurance-claims-estimated-to-reach-us110-9m-in-2026-amid-surge-in-nat-cat-events-globaldata

Philippines property insurance claims to reach US$110m in 2026, amid surging nat cats: GlobalData

December 1 2025

This focus on catastrophe risk is also expected to fuel market expansion, with GWP forecast to grow at a CAGR of 11.5% through 2030 amid rising losses.

over-44600-storm-related-claims-lodged-as-cat-255-declaration-expanded-across-qld-nsw

45,000 claims received following QLD, NSW severe storm and hail, as ICA expands event declaration

November 28 2025

Insurers increase on-the-ground deployment as damage assessments continue and more regions seek support.

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