News

sampp-sees-stable-profitability-for-korean-re-despite-growing-nat-cat-risks

Korean Re gets S&P ratings upgrade on stable profitability and growth outlook

July 30 2025

S&P cited Korean Re’s strong underwriting results and enhanced capital adequacy under K-IFRS 17 as contributing factors.

chubb-acquires-liberty-mutuals-thai-insurance-unit-for-us321m

Chubb reveals US$321m price tag for Liberty Mutual’s Thailand unit

July 29 2025

Latest Chubb filings reveal the price paid for LMG Insurance.

china-launches-new-system-to-report-medical-insurance-fraud

Severe floods sweep Northern China, killing dozens and displacing tens of thousands

July 29 2025

Record-breaking rainfall has forced urgent evacuations.

Mosaic launches cyber, FI crime cover for digital asset firms

July 29 2025

Global offering aims to address a major gap in the digital asset sector.

yf-life-bares-new-iul-product-to-target-high-net-worth-individuals-in-hk

YF Life launches Indexed Universal Life product

July 29 2025

Insurer's latest offering follows recent regulatory changes for investment-linked insurance products.

Fitch keeps Resolution Life ANZ subsidiaries on positive watch as Nippon Life takeover nears completion

July 29 2025

Resolution Life Australasia and Resolution Life New Zealand could see rating upgrades once Japan's largest life insurer completes its acquisition in the second half of 2025.

msampad-launches-index-based-earthquake-cover-for-corporates-amid-nankai-trough-concerns

Japan's Mitsui Sumitomo Insurance to launch parametric earthquake cover for corporates

July 29 2025

The cover will be available as an add-on to Property Master policies from 1 October 2025.

_irdai-slams-star-health-with-nearly-us400k-fine-warning-over-cybersecurity-mishaps

IRDAI fines Star Health nearly US$400k over data breach

July 29 2025

The IRDAI tightened cybersecurity protocols for insurers and intermediaries earlier in April.

mitsubishi-electric-to-divest-insurance-arm-to-marsh-japan

Marsh Japan to acquire Mitsubishi Electric's insurance subsidiary

July 28 2025

Mitsubishi Electric cited shifts in the operating environment as a reason for transferring its insurance arm.

fitch-assigns-a-rating-to-generali-china-backed-by-capital-injection-to-boost-solvency

Generali China Insurance receives first-time ‘A-’ IFS rating from Fitch

July 28 2025

Business has shifted toward lower-risk product lines amid efforts to stabilise underwriting performance after a rise in catastrophe-related claims.

QBE partners with Humanity Insured initiative, commits S$875,000 for Asia's climate-affected communities

July 28 2025

QBE will be Humanity Insured's first insurance partner to focus on Asia communities.

wipha-drives-asia-insurance-losses-amid-persistent-monsoon-threats

Aon estimates Wipha economic losses to reach hundreds of millions of dollars

July 28 2025

Wipha’s path exposed the region’s uneven disaster resilience.

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