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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Category: News
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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Asia insurtech deals hit $100m despite global slowdown
Q1 2026 activity fell to 81 deals for the weakest count since Q2 2016. Insurance technology (insurtech) firms in Asia saw their funding and deals reach $100m in the first…
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Zurich P&C premiums jump 8% to $15.6b Q1 2026
Commercial insurance rose 9% on demand from construction and Middle Market expansion. Zurich Insurance Group’s business growth accelerated in the first quarter of 2026 (Q1 2026), driven by demand for…
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Dai-ichi Life eyes 40% overseas profit share
Non insurance businesses are expected to contribute 10% by fiscal 2030. Dai-ichi Life is expected to deliver steady but modest earnings growth in the coming years, as gains from overseas…
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Generali China taps Solera for AI claims push
The partnership will calculate CO₂ emissions on every claim. Generali China Insurance Co., Ltd. and Solera Holdings LLC have partnered to accelerate the deployment of next-generation claims and electric vehicle…
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