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fitch-affirms-zhonglus-bbb-rating-amid-capital-strain-from-business-expansion

Zhonglu's health focus improves COR but squeezes capital, says Fitch

July 4 2025

Fitch affirmed the Chinese insurer’s ratings, highlighting how the company’s strategic shift away from motor and property lines has reshaped its risk profile.

generali-puts-cyber-parametrics-and-multinationals-at-heart-of-asia-commercial-strategy

Generali puts cyber, parametrics and multinationals at heart of APAC commercial strategy

July 4 2025

Axel Roesner, Asia Head of GC&C, says regional expansion, improved loss prevention, and increased use of technology are core to new three-year plan.

NFRA calls for reinsurance to play a more significant role in China’s insurance market

July 4 2025

China’s reinsurance penetration rate stands well below the global average.

japanese-non-life-insurers-profits-driven-by-equity-divestitures-but-pace-set-to-slow

Equity sales drive profit for Japan’s non-life insurers, but future gains to rely on core business: Fitch

July 4 2025

Investment returns made up nearly all profit for Japan’s top non-life insurers in the year ending March 2025.

Taiwan extends tax exemptions for offshore insurance units to 2035

July 4 2025

The legislation also mandates the Financial Supervisory Commission to define the scope of "domestic use of funds."

FWD Group’s IPO attracts strong investor interest, raising HK$13.1bn before Hong Kong listing: Reports

July 3 2025

FWD’s public offering was oversubscribed by at least 37 times, according to local media reports citing market sources.

ardonagh-takes-majority-stake-in-hong-kongs-apex-insurance

Ardonagh acquires majority stake in Hong Kong’s Apex Insurance

July 3 2025

Ardonagh continues to build its APAC footprint, adding Apex to its portfolio.

tasmanian-liberals-proposed-state-run-insurer-could-shift-risk-to-taxpayers-ica-warns

Tasmania's proposed state-run insurer could shift 'significant financial risk' to taxpayers, ICA warns

July 3 2025

ICA cited the US National Flood Insurance Program, which cost the federal government US$20.52bn in unfunded ageing debt.

Joanna Quigan relocates to Australia as Senior Underwriter, Professional and Financial Risks at Markel

July 3 2025

Quigan moves from Auckland, New Zealand, as Markel continues Asia Pacific build out.

sandeep-gopal-moves-to-malaysia-as-aig-chief-risk-officer-in-apac

Sandeep Gopal moves to Malaysia as AIG's Chief Risk Officer for APAC

July 3 2025

He moves from Fairfirst Insurance, Sri Lanka to take up the new role.

Woori Financial finalises Tongyang Life, ABL Life acquisitions

July 3 2025

The deal, valued at KRW1.55tn (US$1.14bn), came through following nearly 10 months of rigorous regulatory reviews.

Howden Re sets up Hong Kong reinsurance platform, appoints Roy Wong as MD

July 3 2025

The firm has also named Brian Chan and Karen Liu as senior brokers for its Hong Kong team.

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