Swiss Re appoints Daniel Neo to Asia board
Neo joins SRAL from 1 June after more than 2 decades in insurance. Swiss Re has appointed Daniel Neo to the Board of Directors of its regional entity, Swiss Re…
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Category: News
MS&AD buys 18% stake in Barings
MassMutual will retain control with an 82% holding after the transaction. MS&AD Insurance Group Holdings, Inc. has acquired an 18% equity stake in Barings through its subsidiary, Mitsui Sumitomo Insurance…
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Marsh buys ENEOS insurance units in Japan
The transaction is expected to close in the third quarter of 2026. Marsh has agreed to acquire Japanese insurance broker ENEOS Insurance Service and the insurance business of ENEOS Material…
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Indonesia’s life insurers cover 168.03 million people in 2025
The insured population increased 8.6% year-on-year in 2025. Indonesia’s life insurance sector in 2025 registered a total industry revenue of $13.6b (Rp238.7t), a 9.3% increase year-on-year (YoY), driven by strong…
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Reinsurance market needs $100b loss to tighten
AM Best said a major unexpected event would be needed to materially hit sector funds. AM Best has revised its outlook for the global non-life reinsurance sector to stable from…
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Hanwha Life profit run-rate trails $300m target
Standalone net income nearly doubled to $0.2b in the first quarter of 2026. CreditSights has expressed caution regarding Hanwha Life’s full-year insurance profit guidance of $0.3b (KRW500.0b). The current first-quarter…
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Howden Hong Kong unveils new CEO
Alfred Sham will take on the role of Chief Strategy Officer, Asia. Howden announced a leadership transition in its Hong Kong business, effective 1 July. Alaric Lee has been appointed…
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WTW targets CCS risks with lifecycle insurance cover
It combines energy, marine liability and environmental protection for carbon capture projects. Willis Towers Watson has launched a new insurance solution designed to support carbon capture and storage (CCS) projects…
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Iran war raises long-term risks for Asia builders’ insurance gains
Supply chain disruption and energy volatility could push premiums higher by 2027. Insurance costs for construction projects across Asia are falling as competition intensifies, but the war in the Middle…
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HDI Global names Kropp COO, CIO after Kuhnt exit
Kropp brings over 20 years of insurance and technology leadership experience. HDI Global has appointed Thomas Kropp as COO/CIO. Kropp succeeds Executive Board member Dr Thomas Kuhnt, who has personally…
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