News

Aon says profitable growth linked to focus and relevance

But profitability varied across property and casualty lines.

Miller names Cumberland to newly created global broking role

He was most recently Executive Director at Howden.

Allianz Malaysia offers cashless hospital cover in travel plan

Coverage extends to senior citizens up to age 85.

HDI Global names Tikhonov to lead marine risk operations

He succeeds Felix Cassau, who has taken up a new role at Hannover Re.

Sumitomo Mitsui Financial’s profitability to strengthen in next 18 months

The improvement is projected to come from revenue growth.

QBE names new CEO for South Asia and head of Partnerships in Asia

Both will be based in Singapore and report to Rob Kosova, CEO of QBE Asia.

APAC slated for 20% of global pet insurance market in 2025

Employer benefits programmes offering pet insurance have increased by 30%.

Ping An Insurance earnings dip 7% in H1 2025

But it’s life and health segment kept it afloat with NBV surging 39.8% YoY.

Allianz Malaysia lifts life profit 12.1% YoY with $61.1m in H1 2025

Group insurance revenue for the second quarter (Q2 2025) rose 10.9% YoY.

Sun Life posts P28.9b premium income in Philippines Q2 2025

The insurer said it retained its position as the country’s top life insurer.

Insurance fraud worldwide estimated to exceed $80b annually in 2025

Asia-Pacific reported a 22% year-on-year increase in fraudulent claims in 2023.

Malayan Insurance outlook stable as earnings supported by investment income

AM Best emphasised continued underwriting volatility from catastrophe and large loss events.

Howden appoints Chris Hughes as CEO of broking in New Zealand

He will report to Matt Bacon, CEO of Howden Pacific.