News

New Zealand police raid shipping insurer over alleged Russia sanctions violations: Report

October 30 2025

Authorities seized records from offices following allegations the firm provided cover to tankers transporting Russian and Iranian oil.

australias-reinsurer-bms-recognised-as-kind-company

BMS Australia recognised as 'Kind Company'

October 30 2025

The specialty (re)insurance broker implemented a Kindness Action Plan, which includes embedding and tracking acts of kindness across the business.

Starr to acquire Lloyd’s specialty underwriter IQUW Group

October 30 2025

Deal will make Starr the ninth-largest managing agency at Lloyd’s, with IQUW CEO Peter Bilsby set to lead Starr’s international business, including APAC.

Japanese life insurers turn to domestic bonds amid rising yields: Report

October 30 2025

Several major market players, including Dai-ichi Life, have reportedly shifted their portfolios in 1H 2025 amid changing yield conditions.

AM Best affirms A- rating for Marble Re as reinsurer raises retention for non-marine business

October 30 2025

The Micronesia-based reinsurer delivered strong 2024 underwriting results, with its combined ratio improving to 38% from a five-year average of 52%.

china-motor-insurance-market-set-to-hit-169bn-by-2030-amid-nev-surge-globaldata

China motor insurance market set to hit US$169bn by 2030 amid NEV surge: GlobalData

October 30 2025

Gross written premiums are projected to rise to 999.1 billion yuan (US$140.73bn) in 2026.

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Indian gov't eyes divestment of billion-dollar stake in LIC by year-end: Report

October 29 2025

This move is intended to increase the public float to 10% to comply with the mandate from the Securities and Exchange Board of India.

IAG deploys advanced technologies to better support customers impacted by severe weather

IAG deploys new AI technology to improve storm response in Queensland

October 29 2025

The insurer said it used new artificial intelligence technology during the recent Brisbane hailstorm to find cases that need urgent emergency repairs.