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IRDAI raises capital requirements for Bima Sugam online platform - report
November 25 2024
Capital requirements for online platform have reportedly increased to 5bn rupees (US$60m), up from earlier estimates of 1–2bn rupees.
Worldcare rebrands to Allianz Travel Insurance in New Zealand
November 25 2024
Along with the rebrand, the company has also changed its offerings to provide customisable policies.
Manulife promotes Albert Mak to Chief Agency Officer for Hong Kong and Macau
November 25 2024
Mak joined the company in 2019 and has been elevated from his role as Head of Business Development & Agency Training.
Central Bank of India receives RBI approval for insurance JV with Generali
November 25 2024
State-owned bank moves closer to entering insurance sector through joint venture which includes both life and non-life entities.
bolttech sets eyes on further expansion with US$50m HSBC venture debt facility
November 25 2024
Facility will be used to support bolttech's embedded insurance growth amibitions.
Delegated underwriting enterprises continuing to increase market share: AM Best
November 25 2024
Fronting companies are making strong progress in the E&S and speciality lines that deal with hard to place risks.
NFRA chief calls for insurance sector to shift to value-driven growth model
November 25 2024
Li Yunze says industry should integrate sustainable practices and strengthen asset-liability management to enhance resilience in the sector.
Zking P&C continuing to reduce exposure to riskier business: Fitch
November 23 2024
Fitch affirms 'A-' IFS rating citing strong capitalisation and government, with Chinese insurer continuing to reduce exposure to guarantee insurance business.
Fidelidade Macau’s ROE climbs to 9% amid economic recovery and infrastructure growth
November 23 2024
Fitch affirms ratings, with profitability surge boosted by strong underwriting performance over the past three years.
Aon taps Mike Yao as Director, Life Insurance Analytics for Asia
November 22 2024
Yao joins Aon from Pacific Life Re, where he most recently served as AVP for Client Solutions.
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