News

Fukoku Life to scale up super-long Japanese bond holdings as yields climb: Report

April 21 2025

Insurer sees room to expand domestic bond purchases as shifting yield expectations and global trade tensions reshape its investment outlook.

japans-p-and-c-insurers-on-stable-footing-as-rate-hikes-and-overseas-strength-drive-earnings-moodys

Japan’s P&C insurers on stable footing as rate hikes and overseas strength drive earnings: Moody’s

April 21 2025

Domestic P&C profitability is recovering, with fire insurance supported by recent premium rate hikes and shorter policy durations

income-insurance-selects-j-p-morgan-as-custodian-bank-for-its-assets

Singapore's Income Insurance selects J.P. Morgan as custodian bank

April 21 2025

J.P. Morgan to provide services including global custody, fund accounting, regulatory reporting, and compliance monitoring.

q1-global-cat-losses-hit-second-highest-on-record-as-asia-pacific-faces-rising-disaster-risks-aon

Q1 global nat cat insurance losses second-highest on record as APAC faces rising disaster risks: Aon

April 19 2025

While US events drove majority of insured losses, Asia Pacific events exposed persistent gaps in insurance coverage and heightened humanitarian risks.

Insurer claim costs rise as Australia’s EV repair bottleneck hits premium prices: Report

April 17 2025

Some EV owners are paying insurance premiums up to five times more than the equivalent internal combustion engines.

SBI to increase Kyobo Life stake, crossing 20% threshold: Report

April 17 2025

Following the transaction the company will be the insurer’s largest shareholder aside from its chairman.

risk-gaps-threaten-progress-in-renewable-energy-transition-fm-global

Environmental, technological risk gaps threaten progress in renewable energy transition: FM

April 17 2025

Uncertainties are driving up construction costs and insurance premiums, and in some cases preventing full insurance coverage.

takaful-industry-projects-up-to-rm800-million-loss-from-medical-premium-cap

Malaysia's Takaful industry projects up to US$181m loss from BNM's medical premium cap

April 16 2025

Cap limits premium increases, but industry says the underlying issue is the rising cost of medical care.

markel-group-to-acquire-marine-mga-meco-group

Markel to acquire marine MGA MECO

April 16 2025

Markel set to strengthen its marine insurance offerings, enhancing its presence in Asia Pacific and Europe.

Meiji Yasuda Life profit up 8% on yen drop, lower claims: Fitch

April 16 2025

The rating agency expects the insurer “to continue its strong recovery and return to pre-pandemic levels.”

climate-risks-push-650000-australian-properties-toward-uninsurability-report-warns

Climate risks push 650,000 Australian properties toward uninsurability in 2025, report warns

April 16 2025

Climate Council and Climate Valuation report that 4.4% of the country's housing stock is high risk, posing a threat to long-term insurability.

Tariff volatility casts credit shadow over insurers: AM Best

April 16 2025

AM Best highlights potential inflationary pressures and increased claim costs for insurers amid ongoing tariff disputes.

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