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insuranceasianews. com > mistuio-sumitomo-aioi-nissay-target-us1-75bn-profit-by-fy30-after-merger

Mistuio Sumitomo, Aioi Nissay target US$1. 75bn profit by FY30 after merger

6+ day, 3+ hour ago  (112+ words) Tokyo-based Kobayashi was most recently a client manager at Munich Re. Japanese reinsurer appoints Masahiro Yamada as managing director for Japan, with Ryo Yokochi named as CEO of its Singapore Branch. Tropical storm injures at least nine people and leaves…...

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insuranceasianews. com > kyobo-life-enters-race-to-acquire-yebyeol-non-life-reports

Kyobo Life enters race to acquire Yebyeol Non-Life: reports

1+ week, 2+ hour ago  (118+ words) Availability of reinsurance capacity in the Philippine non-life market continues to expand despite significant nat cat exposure. Singapore-based Ao was most recently an execution manager for the CEO's office and commercial insurance in Asia at Zurich. Philippine Competition Commission had…...

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Insurance Asia News
insuranceasianews. com > philippine-non-life-profit-gains-continue-as-premium-growth-moderates-amid-catastrophe-pressure-am-best

Philippine non-life profit gains continue as premium growth moderates amid catastrophe pressure: AM Best

1+ week, 1+ day ago  (114+ words) Singapore-based Ao was most recently an execution manager for the CEO's office and commercial insurance in Asia at Zurich. Philippine Competition Commission had cleared the merger of FPG Insurance and The Mercantile Insurance in January." Based in Hong Kong, Tsui…...

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Insurance Asia News
insuranceasianews. com > hyundai-marine-fire-insurance-to-expand-into-europe-southeast-asia-report

Hyundai Marine & Fire Insurance to expand into Europe, Southeast Asia: report

1+ week, 6+ day ago  (128+ words) Korean insurer must implement its plan for 18 months, with the Financial Services Commission and Financial Supervisory Service monitoring the progress. He begins a second stint following over two years at Berkshire Hathaway Specialty Insurance. Fair Trade Commission conducted on-site investigations…...

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Insurance Asia News
insuranceasianews. com > south-korean-financial-regulator-approves-lottes-management-improvement-plan-reports

South Korean financial regulator approves Lotte's management improvement plan: reports

1+ week, 6+ day ago  (144+ words) Fair Trade Commission conducted on-site investigations into suspected collusion in bids for corporate group accident insurance policies. GC Access' Steve Warwick highlights strong expansion potential, with MGAs generating new business through talent and technology. Insurer will be set up as…...

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insuranceasianews. com > south-koreas-ftc-raids-7-non-life-insurers-over-suspected-bid-rigging-report

South Korea's FTC raids 8 non-life insurers over suspected bid-rigging: report

2+ week, 20+ hour ago  (158+ words) Insurance Council of Australia (ICA) argues the general insurance industry should not subsidise misconduct claims by other subsectors of financial services under the Compensation Scheme of Last Resort (CSLR). January's bushfires were the worst for the insurance industry since the…...

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insuranceasianews. com > consistency-not-cycles-drives-asia-pacific-strategy-allianz-res-anna-kohls-says

Consistency, not cycles, drives Asia Pacific strategy, Allianz Re's Anna Kohls says

2+ week, 6+ day ago  (165+ words) CEO Min Hung Cheng tells Insurance Asia News about the non-profit organisation's three interdependent layers of solutions to address risk and protection gaps. Latest outing raised US$100m in Singapore, with assistant manager for global reinsurance, Ken Oka, telling Insurance Asia…...

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insuranceasianews. com > indias-insurance-premiums-grow-9-86-to-us83-8bn-by-november-irdai

India's insurance premiums grow 9. 86% to US$83. 8bn by November: IRDAI

3+ week, 6+ day ago  (116+ words) German reinsurer reaffirmed its 2026 financial targets following a strong first quarter. Swiss reinsurer says reduction was due to cycle management amid a global reinsurance market softening. Hong Kong reinsurer's reinsurance service result totalled US$162. 9million, 12. 7% year-on-year increase, while net profit was…...

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insuranceasianews. com > jkl-partners-reboots-sale-of-lotte-non-life-insurance-report

JKL Partners reboots sale of Lotte Non-Life Insurance: report

4+ week, 1+ hour ago  (130+ words) She will be based in Hong Kong and report to Lena Liu, Sompo's Asia Pacific multinational business unit head. She joins as a senior property underwriter, based in Sydney, and is the latest underwriter to join from Everest. Only Korea…...

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insuranceasianews. com > south-koreas-deposit-insurance-corporation-launches-re-bidding-for-yebyeol-insurance

South Korea's deposit insurance corporation launches re-bidding for Yebyeol Insurance

4+ week, 1+ day ago  (135+ words) Bank secures approval from the central bank to enter into negotiations with Tokio Marine Asia on the potential sale of its general insurance unit. Australian insurer plans to reach US$18. 1bn in gross written premium by 2030 and serve more than 11 million…...