Asia

FPG and Mercantile to merge, creating one of the Philippines’ top four non-life insurers

August 15 2025

Landmark merger, labelled potentially the largest ever non-life deal in the country, is expected to close by October.

great-eastern-appoints-li-choo-as-managing-director-for-new-customer-focused-division

Great Eastern appoints Kwek-Perroy Li Choo in newly created role of MD, Group Integrated Propositions

August 15 2025

Former Zurich executive to lead integrated propositions strategy across the business's regional operations.

Canopius Group appoints Jinnan Tang as APAC Casualty Treaty Underwriter

August 15 2025

Experienced underwriter joins APAC team from MS Amlin.

allianz-asia-h1-2025-operating-profit-up-14-on-strong-life-health-growth

Allianz Asia Pacific's business volume up 14% in H1 2025

August 15 2025

Regional life and health business volume grew 16%, while P&C rose 9% in the first half of the year.

former-china-construction-bank-manager-charged-with-bribery-linked-to-vesttoo-related-fraud

Vesttoo creditors sue Aon, China Construction Bank

August 15 2025

The lawsuit claims Aon and CCB enabled the creation of fake LOCs that triggered Vesttoo’s bankruptcy and widespread insurance sector losses.

fwd-makes-third-attempt-to-file-ipo-in-hk-report

FWD Group announces 12 charitable grants across Asia on 12th anniversary

August 14 2025

The insurer will fund NGO programmes in financial literacy, health and career development across its 10 markets.

singapore-life-insurers-post-record-us2-3bn-in-new-business-as-consumers-shift-to-comprehensive-policies

Annual premium policies surge 22%, driving Singapore life insurance new business to nearly S$3bn in H1 2025

August 14 2025

Investment-linked policies emerge as a clear growth driver; however, single premium policies declined 21.3% in the first half of the year.

seadrif-sets-record-payouts-speeds-up-disaster-response-across-sea

SEADRIF marks milestone year with record payout, speeds up disaster response across Southeast Asia

August 14 2025

Annual report notes record US$3m payout to Lao PDR after Typhoon Yagi, capping a year of quick relief, expanded partnerships, and new coverage strategies for the region.

Record Kyushu rainfall triggers mass evacuations as floods, landslides affect millions

August 13 2025

Over 3 million residents face evacuation orders after unprecedented downpour causes widespread damage across Japan's southwest.

fwd-group-reports-22-increase-in-new-business-value-in-2023

FWD Philippines targets HNW clients with new product

August 12 2025

The launch comes amid rising insurance demand in the Philippines’ affluent segment.

Pacific Life Re announces new appointments in Asia to strengthen regional partnerships

Pacific Life Re names new Asia protection leaders as part of strategic restructure

August 12 2025

Reinsurer promotes Wallace Ong to regional role while appointing Spenser Chen to lead Southeast Asia operations.

Nepal insurers face US$11m in claims from deadly Rasuwa floods

August 12 2025

Floods destroyed critical infrastructure, with Himalayan Everest Insurance facing the largest exposure.

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