Prudential plc has announced that Prudential Corporation Holdings Limited (PCHL), ICICI Prudential Asset Management Company (IPMAC) and underwriters to the initial public offering (IPO), have entered into an underwriting agreement dated 16 December 2025, for the IPO of IPAMC.
Chubb has appointed Chris Colahan as Head of Commercial P&C Asia Pacific, effective 9 February 2026.
Insured losses from natural catastrophes again surpass the $100bn mark in 2025 for the sixth consecutive year, according to a new report by Swiss Re Institute. This is mainly driven by the unprecedented LA wildfire loss record in the first quarter of 2025 and severe convective storms (SCS), which remain a major and persistent global loss driver. Overall, Swiss Re Institute estimates total insured losses in 2025 at $107bn, 24% lower than the $141bn recorded in 2024.
AIG has appointed Mr Scott Leney as Regional President of APAC, effective 1 February 2026 and subject to regulatory approval.
The universal life insurance market is projected to register a compound annual growth rate (CAGR) of 8.1% from 2024 to 2033, according to Allied Market Research.
Aon has appointed Ben Jones as its new chief operating officer for Asia Pacific beginning 8 December 2025.
APAC insurers are increasingly embracing external managers for reasons tied to strategy, governance, and technology, not simply operational convenience.
Cyber crime topped the Singapore, APAC and global risk rankings in 2025, according to the PwC report, titled 'Insurance Banana Skins 2025 - Singapore highlights: What's keeping insurers in Singapore awake in 2025 and how prepared are we?'.
Geopolitical instability and climate risk are two realities that insurance clients face every day, according to the CEO of Wholesale Markets Asia at QBE, Ronak Shah.
Technology is not an end in itself but an enabler that helps insurers sever clients better and make smarter decisions, Mr Ronak Shah, CEO of Wholesale Markets Asia at QBE said.