Fitch Ratings has revised the outlook on PT Tugu Reasuransi Indonesia's (Tugure) National Insurer Financial Strength (IFS) Rating to Positive from Stable, affirming the rating at 'A+(idn)'.
#Indonesia #Reinsurance #FinancialPerformance
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elseco Group has opened elseco Asia in Singapore, with accident and health as its first line of business.
#Asia #Insurance #People #Leadership
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Although Thailand's road fatalities were projected to decrease by 8% in 2025 (to 16,078), they have not yet met the target set in the 5th National Road Safety Master Plan.
#Thailand #Insurance #RiskManagement #Motor
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Insurers in Australia and Japan have the greatest exposure to weather-related losses among major APAC markets, while solid capital buffers and adaptive underwriting will help mitigate rising risks.
#RiskManagement #Reinsurance #NatCAT #Regulation
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WTW has announced the appointment of Mr. Greg Solomon as Market Leader for its Insurance Consulting and Technology (ICT) business in Hong Kong.
#Insurance #People #Leadership #Technology #WTW
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A new survey by Blackrock reveals that more than 40% of global insurers are now allocating over 15% of their investment portfolio to private markets, with 76% planning further increases.
#Asia #Financial Performance #InvestmentManagement
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Provisional figures from the Insurance Authority (IA) revealed that the country's gross insurance premiums increased 35.5% y-o-y to HK$ 573.6bn($73.2bn) in the first half of 2026, driven by long term business.
#HongKong #Motor #Life #Health #Regulation
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Markel International has welcomed Ms. Ray LEI as Greater China Product Proposition Lead.
#Insurance #People #Leadeship
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Chubb Life has appointed Mr. Abhishek Sharma as Global Head of Data, AI and Analytics.
#Insurance #People #Leadership
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We are pleased to announce that Ace Insurance Brokers is continuing as the Cocktail Sponsor for the 20th India Rendezvous!
We thank them for their continued commitment and longstanding support of India Rendezvous, and look forward to another memorable edition together
#AirIndia
Coface has downgraded Saudi Arabia, the United Arab Emirates (UAE) and Qatar amid escalating geopolitical tensions in the Middle East,...
#PoliticalRisk #TradeCredit
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The Insurance Council of Australia (ICA) has submitted a strengthened General Insurance Code of Practice to the Australian Securities and Investments Commission (ASIC) following consultations with consumer groups,...
#Australia #Motor #Regulation
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Helvetia Baloise Group has announced the promotion of Ms. Siew Choo Tan to the role of CEO Asia, effective 1 January 2027 and subject to regulatory approval.
#Insurance #InvestmentManagement #People
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Global insured losses from Nat CAT hit $92bn over 9M2026, 29% below the 10-year average ($128bn) and the lowest year-to-date insured loss total since 2019.
#Reinsurance #NatCAT #Agriculture #BusinessInterruption #Brokers
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Ms. Sylvie Gleises, CEO of AXA XL Singapore and Regional CEO Asia, has been awarded the title of Chevalier de l'Ordre national du Mérite by the Ambassador of France to Singapore.
#Insurance #InsuranceIndustry #People
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The Reserve Bank of New Zealand (RBNZ) and the Financial Markets Authority (FMA) have outlined supervisory expectations on cyber risks associated with frontier AI.
#NewZealand #RiskManagement #CyberRegulation
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The Global Asia Insurance Partnership (GAIP) announced on 15 October that Peak Re has joined the Asia-focused, neutral tripartite platform as a principal partner, reinforcing its commitment to addressing protection gaps and...
#HongKong #Reinsurance
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Two Singapore-registered container vessels were struck by unknown projectiles while transiting the Strait of Hormuz on 13 and 14 October, respectively, according to Singapore's Maritime and Port Authority (MPA).
#Singapore #RiskManagement #Marine
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Zurich Insurance Group has announced the appointment of Mr. Scott Yin as CEO, Zurich China, pending regulatory approval.
#China #Specialty #RiskManagement
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The Global Asia Insurance Partnership (GAIP) has announced that Lloyd's Asia has joined the Asia-focussed, neutral tripartite platform as a Supporting Partner,...
#RiskManagement #Reinsurance
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