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Monday, July 27, 2026

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Suncorp places FY2027 catastrophe cover, flags higher reinsurance costs
July 6 2026
Suncorp said its combined catastrophe and aggregate reinsurance programme is expected to limit FY2027 natural hazard costs in around 90% of scenarios.
Two large yellow mining machines—an excavator loading material into a dump truck at a coal/open-pit mine site.
India extends surety bond option to coal sector
July 3 2026
For now, the facility applies only to coal blocks allocated under the MMDR Act.
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IRDAI commissions study of insurance ‘dark patterns’
July 3 2026
The exercise will monitor customer-facing practices across the industry over nine months as regulators intensify scrutiny of digital distribution channels.
Three young women walk along a busy street with pink scarves draped over their heads; one looks down at a phone while the others adjust their scarves as cars pass by in the background.
Parametric heat insurance triggers payouts for over 39,000 women workers in India
July 3 2026
A total of ₹2.06m (US$21,700) was paid to insured women workers across Gujarat and Delhi.
Aerial view of a dense city skyline with many high-rise buildings and a prominent stepped central tower against a blue sky.
Japan's Aflac Life faces FSA scrutiny following 4.38 million-customer data breach
July 3 2026
The insurer said it will continue investigating the incident and report to the FSA on the facts of the case
indian-insurers-hedging-options-increase-as-rbi-allows-bond-forward-trading
RBI flags underwriting strain in general insurance, rise in life policy surrenders
July 2 2026
The central bank says these trends are weighing on insurers' profitability and could leave parts of the sector more vulnerable to future shocks.
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QBE gains full ownership of Indian JV after IRDAI approval
July 2 2026
The acquisition ends an 18-year joint venture with Prism Johnson and gives the Australian insurer full control of its India business.
Neon speedometer dial with red and blue lights, displaying numbers up to 220, beside the InsureTech Connect Asia logo.
The AI transformation is reaching its limit, insurance executives warn at ITC Asia
July 2 2026
AI progress in insurance is being slowed less by the technology itself than by legacy systems, unresolved accountability questions and procurement cycles that can't keep pace, executives warned
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Prudential-HCL venture becomes India's eighth standalone health insurer after IRDAI approval
July 2 2026
The approval marks the regulator's third insurance licence this year and expands Prudential's presence in India's insurance market.
Aerial view of a suburban neighborhood flooded, with water covering streets and yards around houses and trees rising above the water line.
ARPC urges greater catastrophe pooling as climate risks intensify across Asia
July 2 2026
ARPC underscores the importance of government-backed pools and regional data sharing in sustaining catastrophe insurance affordability.
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