News

australia-ibccc-sanctions-three-brokers-in-reporting-compliance-drive

Australian code committee sanctions three brokers in reporting compliance drive

June 18 2025

IBCCC highlights ongoing industry improvements but urges brokers to prioritise timely and accurate reporting.

Etiqa Insurance extends travel coverage amid Jetstar shutdown

June 17 2025

The travel relief includes pre-booked accommodations, local transportation, and other trip-related activities not refunded by Jetstar.

Taiwan’s non-life insurance sector posts strong growth and healthier COR: AM Best

June 17 2025

Voluntary motor insurance remained the primary growth driver, contributing nearly half of total direct written premiums in 2024.

Scattered Spider shifting focus from retail to insurance, Google warns

June 17 2025

Google threat analysts say the group behind Marks & Spencer breach is now targeting insurers

Chubb Life targets high-net-worth clients with new wealth centre in Hong Kong

June 17 2025

The Chubb 1792 Club offers personalised services for affluent and international customers.

air-india-crash-could-trigger-us475m-insurance-claim-says-gic-re-chairman-report

Air India crash could trigger insurance claims of US$475m, says GIC Re chief: Report

June 17 2025

Global reinsurers will bear the majority of the insurance claims arising from the crash.

hong-kongs-ia-boosts-market-surveillance-to-safeguard-policyholders

Hong Kong Insurance Authority steps up surveillance to deter misconduct among intermediaries

June 17 2025

IA is also working with industry bodies and other regulators to boost information-sharing and enforcement.

gard-restructures-with-creation-of-asia-business-unit-under-kroneberg

Gard launches dedicated Asia business unit as part of global restructure

June 16 2025

André Kroneberg to lead Asia unit as part of company-wide overhaul, which takes effect from September.

Air India flight AI171 crash to harden aviation reinsurance market: GlobalData

June 16 2025

Losses from the Air India crash may surpass the total annual aviation insurance premium in India.

victoria-sets-up-expert-panel-to-review-strata-practices

Victorian government sets up expert panel to review strata practices

June 16 2025

Move comes four months after new strata transparency regulations, including insurance quote disclosures, took effect in New South Wales.

AsianFamilyPlayingWithSiberianHuskyDogTogether

South Korea's first fully-licensed pet insurer to launch in July

June 16 2025

MyBrown will offer small-sum, short-term insurance products.

air-india-flight-ai171-crashes-in-ahmedabad-with-242-on-board

Air India tragedy: IRDAI issues urgent directives, insurers ease documentation to fast-track settlements

June 16 2025

The incident, expected to be India’s largest ever aviation insurance payout, has triggered the creation of a joint claims cell and expedited claims processing.

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