Property

south-korea-posts-25-fall-in-commercial-insurance-rates-as-asia-wide-softening-persists

South Korea's commercial insurance rates fall 25% in Q2 as softening trend continues across Asia

August 5 2025

Intense competition drives broader coverage and more favourable terms amid falling premiums across the region.

aon-forecasts-typhoon-co-may-to-cause-tens-of-millions-of-dollars-in-economic-losses-for-philippines-china

Aon estimates Typhoon Co-May to cause tens of millions of dollars in economic losses for Philippines, China

August 5 2025

Successive severe tropical storms in the Philippines resulted in approximately US$195m in economic damages, while flooding in China reached about US$2m in insured losses.

Everest - James McPartland as Head of Property - Asia

James McPartland promoted to Everest's Head of Property for Asia

August 4 2025

He has been with the company since 2024, initially as a senior property underwriter.

perils-expands-scs-loss-reporting-to-japan-new-zealand

PERILS adds Japan and New Zealand to severe convective storm loss reporting

August 1 2025

PERILS’ expanded reporting will use ground-up data from insurers to cover property and motor losses in both countries.

rising-demand-for-core-businesses-steers-premium-surge-in-vietnams-non-life-sector-despite-market-pressures-am-best

Rising demand for core businesses steers growth in Vietnam's non-life sector despite market pressures: AM Best

July 30 2025

Factors including competition, interest rates, and climate risks could put pressure on the segment's profitability.

Asia Pacific insured losses rise as wildfires, cyclones drive shift in risk landscape: Willis

July 30 2025

Severe weather and seismic events in early 2025 have exposed major weaknesses in infrastructure and insurance coverage across the region.

Tina Chong joins Aon as Risk Engineer in HK

July 30 2025

Before joining Aon, Chong spent over 16 years at Arup.

Global H1 nat cat insurance losses second-highest on record: Munich Re

July 30 2025

Reinsurer estimates APAC’s three most costly natural catastrophes caused US$16.8bn in economic losses in the first half of the year.

chubb-acquires-liberty-mutuals-thai-insurance-unit-for-us321m

Chubb reveals US$321m price tag for Liberty Mutual’s Thailand unit

July 29 2025

Latest Chubb filings reveal the price paid for LMG Insurance.

china-launches-new-system-to-report-medical-insurance-fraud

Severe floods sweep Northern China, killing dozens and displacing tens of thousands

July 29 2025

Record-breaking rainfall has forced urgent evacuations.

everest-re-hires-sg-based-catherine-soyka-as-avp-reinsurance-underwriting-for-oceania

Everest Re hires Catherine Soyka as AVP, Reinsurance Underwriting for Oceania

July 29 2025

Soyka moves from Chaucer to take up the Singapore-based role.

fitch-assigns-a-rating-to-generali-china-backed-by-capital-injection-to-boost-solvency

Generali China Insurance receives first-time ‘A-’ IFS rating from Fitch

July 28 2025

Business has shifted toward lower-risk product lines amid efforts to stabilise underwriting performance after a rise in catastrophe-related claims.

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