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Sunday, October 25, 2026
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Former SEBI board member Ashwani Bhatia named chairman of Niva Bupa
June 4 2026
He succeeds Milind Barve, who has stepped down from the health insurer's board due to health reasons.
Victoria drives rise in Australia's motor theft claims as insurance losses hit A$243m
June 4 2026
National theft claims would have fallen 10% in 2025 without Victoria's surge, ICA data shows.
Mitsui Sumitomo–Aioi merger targets US$1.75bn profit by FY2030
June 4 2026
The merged Mitsui Sumitomo-Aioi Nissay Dowa entity will to lean into cost reduction and scale data capabilities to drive profits.
Munich Re appoints Petrovic and Roman to lead cyber units across Asia-Pacific and Africa
June 4 2026
Petrovic starts the role with immediate effect and will relocate to Singapore in August, while Roman will assume her position in July.
Hong Kong new life sales jump in 2025 as HSBC retains lead, rivals narrow gap
June 4 2026
Direct new individual business premiums rose 50.7%, while policy numbers grew 10.5%.
Markel launches fine art and specie unit in Australia, hires Stock to lead
June 4 2026
Sydney-based Matthew Stock brings three decades of underwriting experience to the new unit.
OIC cuts Thai insurance growth outlook as Middle East conflict raises costs
June 4 2026
The regulator pointed to higher claims costs, tighter reinsurance appetite and pressure on trade-exposed lines as external volatility feeds into the sector.
Chubb Singapore attains Tier 1 insurer status under MAS framework
June 4 2026
The classification solidifies Chubb Singapore’s position in the domestic market as a large-scale commercial insurer.
Ryan Specialty Singapore bags top performance assessment on underwriting strength — AM Best
June 4 2026
The Singapore unit’s inclusion underscores the group’s expanding underwriting footprint and strategic integration across global specialty operations.
AM Best upgrades FuSure Re on shareholder capital injections, disciplined growth plan
June 3 2026
The reinsurer’s total capital and surplus rose to HK$3.15bn (US$402m) at year-end 2025 after a HK$1bn shareholder injection.
Munich Re Specialty to launch property, construction, engineering team in Australia led by Bob Algie
June 3 2026
The new team forms part of Munich Re’s strategy to expand its specialty insurance presence.
Toa Re names Masahiro Yamada managing director, appoints Ryo Yokochi Singapore CEO
June 3 2026
The current non-life underwriting manager succeeds Shiko Misono as head of the reinsurer's Singapore branch.
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