News

insurance-market-loss-from-cyclone-alfred-down-to-a1-92m-perils-estimates

PERILS revises estimated industry losses from Alfred down to A$1.92bn

September 12 2025

The latest estimate has been lowered from the previous loss projection of A$2.25bn.

China Re backs new captive insurance cell launch in Malaysia's Labuan

September 12 2025

Opulence Ltd partners with Asia's largest reinsurer and Northern Trust to establish regulated captive structure under Goldman Insurance PCC.

insurtech-insurancedekho-raises-further-us60m-in-series-b-funding

Global insurtech funding falls 16.7% in Q2 2025 as AI attracts one in four investment dollars: Gallagher Re

September 12 2025

Global life & Health funding nearly tripled in second quarter, but P&C investment dropped to its lowest level since 2018.

sca-publishes-best-practice-guide-for-strata-insurance-disclosure

Insurance Council warns Victorian strata laws need urgent reform to tackle rising premiums

September 12 2025

Industry body says poor governance and maintenance issues are making apartment buildings uninsurable, affecting one in five Victorians.

bloomberg-launches-new-green-bond-field-to-help-hong-kong-insurers-comply-with-new-capital-rules

Bloomberg launches green bond field to help Hong Kong insurers comply with new capital rules

September 12 2025

The HKIA Sustainable Indicator field offers insurers an independent classification of green bonds that meet new eligibility standards under Hong Kong’s RBC Regime.

zurich-extends-climate-data-tool-in-asia-pacific

Zurich rolls out climate data tool in Asia Pacific

September 12 2025

The tool gives businesses and public bodies in Asia Pacific access to tailored climate risk data and expert advice.

chinese-insurers-dominate-global-race-to-underwrite-renewable-energy-as-apac-logs-premium-growth-iof

Chinese insurers outpace rivals in renewable energy insurance growth

September 11 2025

IOF data shows PICC posted US$89m in renewable energy premium growth.

DUAL ties up with KYND platform for new cyber risk support tools in Australia, New Zealand

September 11 2025

Beyond ANZ, the MGA plans to implement KYND Signals Report and KYND ON tools across the entire group.

swiss-re-warns-asias-rapid-ageing-demands-urgent-insurance-industry-overhaul

Asia's rapid ageing represents a 'strategic imperative' for insurance industry change, says Swiss Re

September 11 2025

Asia's elderly population will nearly double to 1 billion by 2050, creating the potential for massive protection gaps.

Global offshore energy insurance premiums drop 7.9% as market capacity swells despite safety gains: IUMI

September 11 2025

High claim costs and competitive pressures squeeze profits even as 2024 sees no major disasters in the sector.

global-cyber-premiums-faces-sluggish-growth-as-competition-risks-intensify

Global cyber growth decelerates sharply amid competition, stagnant demand, and despite intensifying risks: Moody's

September 11 2025

Asia Pacific continues to be viewed as one of the untapped regions for cyber market growth.

singapore-maritime-authority-confirms-dali-passed-inspections-prior-to-baltimore-bridge-incident

Singapore to expand war risks mutual as geopolitical tensions reshape maritime insurance

September 10 2025

Singapore’s government backs SWRM’s growth and seeks new industry partners amid global supply chain disruptions.

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