Markel has appointed Ms Audrey Pang as Senior Claims Adjuster, based in Hong Kong. She joins the Asia claims team as the first dedicated claims professional in Hong Kong.
MSIG Singapore has partnered with the newly launched non-profit organisation, Cybersecurity Association Singapore Limited (CASL), to strengthen cyber protection and resilience among for small and medium-sized enterprises (SMEs) in the country.
Verisk's Catastrophe and Risk Solutions group has estimated insured losses of the 6.8 magnitude earthquake that struck near Kumamoto City in Japan on 28 July to be between JPY220bn ($1.4bn) and JPY340bn.
Markel Insurance, the insurance operations within Markel Group, has appointed Mr Abbas Choker as CFO, APAC.
Hong Kong's insurance industry recorded strong growth in the first quarter of 2026, with total gross premiums reaching HK$291.6bn ($37.4bn), a 32.3% increase year on year, according to provisional statistics released by the Insurance Authority (IA) on 24 July.
Crescent Egypt Insurance Brokers has welcomed Dr Mahmoud Ahmed El-Sherif as Chief Commercial and Marketing Officer.
Composite insurance rates in the second quarter decreased 16% in the India, Middle East, and Africa (IMEA) region, the biggest fall across all regions analysed, according to Marsh, the global leading insurance broker.
Commercial insurance rates across Asia declined by 5% in the second quarter of 2026, with cyber insurance recording the sharpest fall as insurer capacity and competition continued to increase across the region, according to Marsh's latest Global Insurance Market Index.
Tower Insurance has appointed Mr Len Elikhis as CFO, subject to completion of regulatory processes and effective 2 November 2026.
Japanese insurer Sompo International Holdings Ltd. announced on 21 July that a wholly owned subsidiary had entered into an agreement to acquire Fator Seguradora in Brazil. Completion of the transaction remains subject to approval from the relevant regulatory authorities.