Property

City skyline with colorful translucent line and area charts overlay, symbolizing urban data analytics.

Fitch affirms Guoren P&C at ‘BBB+’ on improved H1 underwriting despite net loss; withdraws coverage

August 17 2026

The ratings reflect earnings pressure from weak investment performance, which drove a US$11.8m net loss.

Dave Wong, property underwriter for Hong Kong, Macau, and Taiwan at Sompo, in front of Hong Kong's城市.

Sompo names Dave Wong property underwriter for Hong Kong, Macau, and Taiwan

August 11 2026

He brings a decade of GI experience to the role.

Sydney skyline with modern skyscrapers in Australia, reflecting a vibrant financial hub.

Asia's commercial insurance market remains soft as AI sharpens underwriting — Aon

August 10 2026

Property, cyber and D&O buyers benefited from softer pricing in Q2, while underwriters applied greater scrutiny to casualty, auto and catastrophe-prone risks.

Golden globe resting inside a brass stand with over-ear headphones draped over it, bathed in warm light, suggesting global listening or travel.

Japan joins Asia's commercial rate downturn while Vietnam bucks trend in Q2 — Marsh

July 31 2026

A run of commercial insurance rate growth in Japan came to an end as regional downward rate pressure continued across Asia.

Two large cooling towers rise beside a body of water, with trees and a clear blue sky in the background.

State insurers secure NPCIL nuclear cover programme at steep discount — report

July 31 2026

The sharply discounted bids come weeks after the IRDAI warned non-life insurers that aggressive pricing could erode underwriting discipline.

Port scene at sunset with red gantry cranes, stacked shipping containers, and a container ship; mountains in the distance.

Hong Kong GI direct premiums rise 4.2% in Q1 as underwriting profit more than doubles

July 30 2026

Pecuniary loss, a class dominated by mortgage guarantee business, delivered around 63% of the onshore market's undiscounted underwriting result, while offshore ships premiums rebounded amid war-risk r...

Tilted modern office building leaning over a street, with orange cones and scattered debris.

Munich Re Specialty launches parametric earthquake cover for Japan corporates via Lloyd’s platform

July 28 2026

The trigger-based product uses data from Kik-net and K-NET seismic monitoring networks.

Tall apartment towers under construction wrapped in green netting, with trees and a blue sky in front.

Hong Kong government to handle Wang Fuk Court fire insurance claims after buyout

July 27 2026

The move comes as residents press for greater transparency over the estate's condition and the handling of compensation following last year's fire.

Row of four red metal buckets labeled FIRE hanging from a wooden beam outdoors with a rural field in the background.

IRDAI warns insurers over deep discounting in fire insurance line

July 24 2026

The regulator flagged steep discounting in the fire market after industry premiums dropped 27.8% year-on-year.

Zurich General Malaysia signs bancatakaful partnership with MBSB Bank

July 24 2026

The partnership gives Zurich General Takaful access to MBSB's customer base and branch network.

Close-up of a blue map showing China with colorful push pins marking locations in red, yellow, and green.

China insurers' claims payouts for July typhoons, floods top US$500m

July 24 2026

Payouts have risen more than 20% since 13 July, when insurers reported nearly 380,000 claims.

pacific-posts-third-straight-quarter-of-double-digit-commercial-insurance-rate-declines

Asia commercial insurance rates fall 5% in Q2 as global market softens for eighth straight quarter

July 23 2026

Marsh said excess capacity, lower reinsurance costs and increased competition continued to drive rate declines.

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