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Suncorp completes sale of Asteron Life to Resolution
February 3 2025
The deal sees Resolution Life acquire the New Zealand-based business for NZ$410m (US$227m)
Lockton names Lesley Jamieson as Regional Senior Vice President - Operations, Asia
February 3 2025
Jamieson returns to Hong Kong for the new role.
Taiwan's FSC urges insurers to offer more products for elderly and disadvantaged
February 3 2025
Regulator wants industry to create more micro-insurance and small-amount end-of-life products.
India clarifies GST treatment for co-insurance, reinsurance transactions
February 3 2025
The government’s decision includes retrospective regularisation of GST treatment from 2017 to 2024.
AXA XL appoints Belinda Luu and Ben Dooley in APAC energy roles
February 3 2025
Both join as Energy Transition Risk Consultants for APAC & Europe.
Cyber MGA Sync Underwriting launches in Australia
February 3 2025
Tokio Marine provides capacity for the managing general agent, which is is part of the Rhodian network.
Heavy rainfall, flooding prompts evacuations in North Queensland
February 3 2025
The Insurance Council of Australia on Sunday declared the North Queensland floods a ‘significant event’.
Taiping Life’s NBV grew 84% in H1 2024, says Fitch
January 31 2025
Fitch Ratings affirms ratings, though negative outlook persists.
Steadfast Group combines Network Insurance Group and Insurance House
January 31 2025
Group's two largest brokerages merge, with Andrew Broughton named as CEO.
IRDAI caps senior citizen health insurance rate hikes at 10%
January 31 2025
The move follows the regulator’s decision to abolish the age cap of 65 years for purchasing health insurance.
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