Vipal Durge is Features Editor at (Re)in Asia, covering the deals and corporate strategy reshaping Asia Pacific insurance. Areas of specialty include M&A and market consolidation, insurer results and underwriting performance, and regulatory decisions across Australia, Japan, India and Southeast Asia.
Australia's High Court ruled that wreck removal claims excluded under Australia's maritime reservations cannot be capped by reclassifying them as property damage.
Following weaker bottom-line results in FY2025, the South Korean insurer posted net income growth of KRW635.2bn (US$426.1m) in the first quarter, supported by higher sales.
