News

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.

pakistans-sec-gives-first-ever-digital-only-non-life-insurance-licence-to-digi-insurance

Pakistan's SEC issues first digital-only non-life insurance licence to Digi Insurance

July 28 2025

The move highlights the SEC's commitment to use technology in Pakistan's financial services sector.

bao-viet-insurance-posts-11-8-return-on-equity-in-2024-despite-typhoon-yagi-am-best

AM Best assigns Bao Viet Insurance B++ ratings on solid operating results despite losses from typhoon Yagi

July 25 2025

Disciplined underwriting and a clear reinsurance strategy support the ratings of Vietnam's second-largest non-life insurer.

income-insurance-ncss-launches-nearly-us8m-grant-for-caregiver-support-in-sg

Income Insurance, NCSS launch S$10m initiative for caregiver support in SG

July 25 2025

The initiative aims to support family caregivers amid Singapore's ageing population.

prudential-extends-direct-billing-service-for-cancer-treatment-costs-to-2-hospitals-in-gba

Prudential Hong Kong expands direct billing services for cancer care with new cross-border partnership

July 25 2025

Expanded network reflects rising demand for cross-border medical support in SAR amid rise in medical costs.

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