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ICRA flags potential US$2bn capital gap for India's state-run insurers

June 4 2025

India’s public sector general insurers continue to face pressure from weak combined ratios, low returns and may require a sizeable capital infusion by FY2026.

giaj-tells-japanese-non-life-insurers-to-set-clear-deadline-to-offload-strategic-shareholdings

Fitch: Dai-ichi's M&G stake to boost profits, diversification

June 4 2025

Dai-ichi’s planned 15% stake in London-based M&G is projected to raise Japanese life insurer's annual profit by JPY15bn (US$105m).

fidelis-secures-us90m-herbie-re-cat-bond-covering-japan-australia-nz-risks

Fidelis closes US$90m cat bond covering Japan, Australia, NZ risks

June 4 2025

Issued through Herbie Re, the issuance covers losses from a variety of nat cats including storms, earthquakes, wildfires, and tropical cyclones.

asic-targets-insurance-misconduct-as-complaints-soar-and-climate-risks-intensify

ASIC sues Choosi for allegedly misleading customers on insurance comparisons

June 3 2025

The regulator claims Choosi only compared policies from a single insurer despite advertising broader options.

RGA, Dai-ichi ink US$1bn AIR deal

June 3 2025

Latest transaction marks the sixth asset-intensive reinsurance deal in Japan this year.

QBE extends gender-equal parental leave benefit to Asia

June 3 2025

The insurer’s new policy will provide at least 12 weeks of paid leave to all parents in its Asian offices.

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Grab eyes entry into Singapore's motor insurance market: Reports

June 2 2025

Company intends to leverage its in-app data and pricing models to compete with incumbents in the market.

Dai-ichi Life to acquire 15 stake in Londons MG

Dai-ichi Life to acquire 15% stake in M&G, forging UK-Japan insurance, asset management partnership

June 2 2025

Two firms to collaborate on expanding product distribution across Asia and Europe.

dbs-allegedly-tables-bancassurance-deals-with-india-taiwan-report

DBS tables bancassurance deals with India, Taiwan: Report

June 2 2025

Bancassurance talks were floated in September 2024, reportedly valued at several hundred million dollars.

ICA says new Insurance Code of Practice will be legally binding, consumer-centric

May 30 2025

ICA CEO Andrew Hall calls the code overhaul a “once-in-a-generation” chance to address consumer needs and disaster response.

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