7+ hour, 3+ min ago  (166+ words) The transaction took effect on 1 July 2026 and its financial terms remain undisclosed. Marsh has taken full ownership of its Thailand operations, completing a buyout of its joint venture partners. Effective 1 July 2026, the business has transitioned from Marsh Risk Thailand to…...

2+ week, 3+ day ago  (159+ words) The loss ratio climbed above 100% during January to March. Indonesia’s general insurance sector is facing growing pressure in its credit insurance business as rising claim costs outpace premium growth, as reported by the Jakarta Globe. According to data from the…...

2+ week, 3+ day ago  (488+ words) Hull and cargo premiums increased during the conflict. Marine insurance remained available throughout the conflict in the Middle East, although premiums for hull and cargo cover increased, even as around $125b worth of vessels and cargo remain stranded in the Persian…...

3+ week, 5+ day ago  (406+ words) Zurich Insurance and YAS Insurance to offer embedded micro-insurance for robots. The insurance industry from 15 to 19 June saw increased regulatory and risk-management focus, alongside a series of partnerships, product launches, and digital distribution initiatives across Asia and the Middle East....

3+ week, 6+ day ago  (144+ words) The insurer is the first in the Philippines to use Verified Business Number. Pioneer Insurance & Surety Corporation has partnered with Gogolook, the developer of anti-scam application Whoscall, becoming the first insurer in the Philippines to adopt Whoscall's Verified Business Number…...

1+ mon, 2+ week ago  (167+ words) Insurance companies and asset managers held RMB41.3t at end 2025. China’s insurance sector continued to expand in 2025, with total assets of insurance companies and insurance asset management firms reaching $6.2t (RMB41.3t) at the end of the fourth quarter of 2025 (Q4 2025), up 15.1% year-on-year (YoY). Personal insurance…...

1+ mon, 3+ week ago  (163+ words) Sangal joins the Philippines executive committee as Kee prepares to succeed Graham. Manulife Philippines has appointed Manish Sangal as deputy CEO, with the executive joining the company’s executive committee and reporting to President and CEO Rahul Hora. Sangal joins the…...

1+ mon, 3+ week ago  (141+ words) Both roles are based in Singapore and cover regional commercial insurance operations. Giles Crowley has been appointed head of Customer and Distribution Management for the Asia-Pacific region. Crowley has worked at Zurich for 30 years in technical, distribution, and leadership positions…...

1+ mon, 3+ week ago  (197+ words) Crowley has spent more than 10 years working across Australia and New Zealand. Zurich Financial Services Australia (Zurich) today announced changes to its local general insurance leadership team. Crowley has worked with the Zurich Group for over three decades, including more…...

1+ mon, 3+ week ago  (337+ words) Alaric Lee has been appointed CEO, Hong Kong for Howden. The insurance and broader financial services landscape from 18 to 22 May was marked by strategic acquisitions and partnerships, leadership changes, and the launch of new products and high-net-worth offerings. Manulife Singapore…...