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Oliver Kaufmann joins Munich Re Japan as Senior Underwriter for Property Treaty
February 16 2024
Kaufmann relocates from Switzerland to Tokyo following a decade with New Re.
Japan P&I Club withdraws Red Sea war cover
February 16 2024
Association said it issued a notice of cancellation after its reinsurers decided to terminate support for war risks.
Insurance Council of Australia labels Victoria's Valentine's Day storms a 'Significant Event'
February 16 2024
Storms left half a million without power and have led to nearly 10,000 claims so far.
PERILS: Cyclone Gabrielle's final insurance loss estimate at NZ$2.17bn
February 16 2024
Industry loss estimate increases to NZD 2.174bn (US$1.33bn); contributing to record NZ$4.4bn in losses when combined with Auckland Anniversary Weekend Floods.
Noto Peninsula Earthquake: 25,000 of 76,500 claims processed so far
February 16 2024
Insurance claims surge to 76,497, with 25,246 paid so far according to GIAJ's latest figures.
Singapore life sector sees strong end to 2023 despite annual dip
February 16 2024
Amid macroeconomic challenges, Singapore's life industry ends 2023 on a high, with 14.4% growth in weighted new business premiums in Q4.
IRDAI's new draft regulations look to reduce compliance burden while increasing policyholder protection
February 15 2024
Latest draft regulations propose impactful industry changes, including longer 'free-look' period and relaxation of approval to open foreign branches.
QBE promotes Rob Kosova to CEO Asia
February 15 2024
Kosova will be promoted from his position of GM Commercial at QBE Australia and is set to relocate to Singapore for the new role.
APRA Chair highlights importance of insurance affordability and accessibility amid rising risks
February 15 2024
John Lonsdale was speaking to the Senate Economics Legislation Committee about APRA's interim supervision and policy priorities.
MIC Global and WRMS to launch parametric microinsurance flood product in India
February 15 2024
MiIncome Flood Resilience is a loss of income product designed to help protect India's merchants and gig workers.
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