Fast-growing insurtech Bolttech is expected to raise more than $100mn through a Series C fundraise led by Dragon Fund, by Liquidity and MUFG, alongside investors Baillie Gifford and Generali, through its private equity arm Lion River.

Loss aggregator Perils has disclosed a fourth and final loss estimate of A$1.61bn ($1.0bn) for the 2023 Christmas storms that hit eastern Australia.

Berkley Insurance Company has received approval from the International Financial Services Centres Authority (IFSCA) to establish an office in GIFT City, Gujarat, India.

Swiss Re is set to deploy further capacity in the Asia Pacific region at upcoming renewals as the reinsurer looks to capitalise on continued economic growth in the region, according to regional leader Victor Kuk.

Newline Group has opened an office in Hong Kong as part of its continued expansion across the Asia Pacific region.

Economic risks will remain top of the agenda for insurance clients in the Asia Pacific region for the next two years, according to a new executive opinion survey conducted by the World Economic Forum and released by Zurich and Marsh McLennan.

Howden has named Marsh McLenna’s Rohan Bhappu as deputy CEO of Howden Asia, with the new hire set to take the helm of the unit as CEO from October 2025.

A magnitude 7.3 earthquake struck 30 kilometres west of Vanuatu's capital Port Vila on Tuesday, with early reports of severe property damage and fears of deaths.

Allianz has withdrawn its S$2.2bn ($1.6bn) offer to acquire a majority stake in Singapore’s Income Insurance Limited, following opposition from the Singaporean government.

The Insurance Council of Australia (ICA) has added Youi CEO Nathaniel Simpson to its board as a non-executive director.

MSIG Asia has named cyber underwriter Alexander Liu as vice president, strengthening the insurer’s cyber and financial lines offering in Asia.

Specialist insurer CFC has continued the expansion of its dedicated cyber team in Australia with the appointment of Michael Lewis as cyber development manager.

Miller has named Elizabeth McGonagle as its head of power for the Asia Pacific region.

Zurich Resilience Solutions, the commercial risk advisory unit of Zurich Insurance Group, has formed an alliance with GoImpact Capital Partners aimed at enabling businesses in Asia Pacific to address the challenges of climate change.

A parametric insurance program covering coffee farmers in Vietnam against climate risks is set to be scaled up in a project led by WTW.