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Wednesday, August 26, 2026
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IAG to release AU$200m from BI provision as class action ends
January 31 2025
Actuarial estimate comes after Federal Court rules that COVID-19 business interruption class action against subsidiary IAL will not proceed.
Reinsurers set to cover at least 30% of LA Wildfire insurance losses: Moody's
January 31 2025
However losses borne by reinsurers will be less than in previous years due to "significant increase" in attachment points since 2023.
Fitch affirms Tong Yang Life's ratings amid uncertainty over ownership change
January 30 2025
CSM grows, however Fitch notes credit profile uncertainty due to Worri Financial's possible acquisition.
IRDAI grants Niva Bupa extension to meet expenses of management limit: Report
January 30 2025
Regulator gives insurer until FY26 to meet new requirements.
Cambodia’s insurance industry sees 3.5% gross premium growth in 2024
January 30 2025
Premiums grow but gross claims incurred surge, according to data from the Insurance Regulator of Cambodia.
Fitch affirms ratings of NZ’s First Insurance as portfolio transfer looms
January 30 2025
Insurance portfolio set to be transferred to Provident Insurance and Pinnacle Life by end-March.
Australian general insurer fined AU$100k for claims code breaches
January 29 2025
However Code Governance Committee opts not to name insurer, citing insurer's cooperation, transparency, and accountability as reasons.
AXA XL's Rozenn Le Calvez promoted to Energy Transition Lead for APAC & Europe
January 29 2025
Le Calvez has been with AXA group since 2008.
PIAM says insurance, takaful industry supports crackdown on total loss vehicles: Report
January 29 2025
Association says sector supports RTD’s call for stricter roadworthiness and checks of repaired vehicles.
Generali partners with MIT to explore AI applications in insurance
January 29 2025
Generali’s data experts will work alongside three MIT research teams to explore ways AI can offer a compeitive advantage.
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