News

foreign-reinsurers-set-to-hold-over-50-of-india-market-as-gic-re-share-slips

Foreign reinsurers set to overtake GIC Re in Indian market share in 2025: GlobalData

May 30 2025

Data shows that foreign reinsurers are quickly gaining market share in India.

insurers-called-to-offer-more-cross-boundary-elderly-care-protection-products

Hong Kong insurers urged to expand cross-boundary elderly care cover

May 29 2025

Around 20% of Hong Kong's residents are aged 65 years and above as of October 2024.

NSW floods trigger more than 7,000 insurance claims: ICA

May 29 2025

Claims continue to rise in the Mid-North Coast and Hunter regions of New South Wales.

Tokio Marine launches TMGX to support global green transition

May 29 2025

The new business offers up to US$500M in coverage per risk.

May 28 2025

Volume of claims jumps by over 20% in the last 24 hours.

peak-re-establishes-subsidiary-in-bermuda

Peak Re expands into North America with new Bermuda entity

May 28 2025

Hong Kong-headquartered reinsurer says the new unit will focus on underwriting casualty reinsurance.

halliwell-acquires-imparta-engineers-du-chateau-chun-to-boost-australian-presence

Halliwell expands in Australia with IMPARTA, du Chateau Chun acquisitions

May 28 2025

The business, owned by global loss adjuster McLarens, acquired the two firms to fill gaps in its services in Australia.

markel-launches-financial-institutions-insurance-suite-in-australia

Markel launches FI insurance suite in Australia

May 28 2025

New offering launches with an investment managers policy, with FI-focused D&O, PI, and Crime solutions set to be available from July.

allianz-commercial-global-shipping-faces-mounting-risks-amid-trade-tensions-rerouting-costs

Geopolitics, rerouting push global shipping risks to new highs: Allianz

May 28 2025

Global shipping is under pressure as US tariffs, costly rerouting, shadow fleets, and a spike in vessel fires disrupt trade and raise safety concerns.

ICA escalates classification of NSW floods to 'Insurance Catastrophe'

May 27 2025

Insurers have received almost 5,000 claims after severe floods struck the Mid North Coast and Hunter regions in New South Wales.

Gallagher Re acquires China's Nongxin Insurance Brokerage Company

May 27 2025

Deal aligns with the reinsurance broker's strategy to strengthen its presence in APAC.

Claims lodged from flood-battered NSW rise to 4,100: ICA

May 27 2025

Majority of the claims are coming from the Mid Coast, followed by the Central Coast and Lake Macquarie.

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