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Wednesday, August 5, 2026
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LIC sells over 588,000 life insurance policies in one day
May 26 2025
State-owned insurer bags Guinness World Record, with over 450,000 agents working together to issue the policies in January.
ICA: Insurance claims from flood-battered NSW top 3,600
May 26 2025
The ‘once-in-500-years’ disaster has killed five and damaged 10,000 properties.
Generali finalises Philippine exit
May 23 2025
Sale aligns with Generali’s effort to reallocate capital from smaller or non-core operations to support more profitable growth areas.
ICA says insurers have received 1,600 claims related to NSW flooding as death toll rises to four
May 23 2025
Insurance claims expected to rise further as people return to their homes.
SMBC's total recoveries from aircraft stranded in Russia now at US$1.41bn: Report
May 23 2025
The company has recovered a further US$654m from insurance over the past year.
AXA set to shift Bermuda-incorporated unit to Hong Kong
May 23 2025
Move comes as Hong Kong introduces new rules that help streamline the process for companies to redomicile in the SAR.
Pacific Life Re strikes second AIR deal with Japan’s Anshin Life
May 23 2025
Pacific Life Re and Anshin Life expand partnership with new asset-intensive reinsurance deal.
Philippine insurance penetration rises to 1.89% in Q1 2025
May 23 2025
Life and non-life insurers saw income growth, while MBAs posted asset gains but a drop in surplus due to rising costs.
Zenkyoren partners with SV on US$100m earthquake cat bond covering Japan, Germany
May 22 2025
The Liongate Re bond offers three years of cover, combining indemnity protection for Japan and parametric cover for Germany.
Resolution Life signs Asset-Intensive Reinsurance deal with Anshin Life
May 22 2025
Anshin Life will continue to service policies while transferring portfolio risks to Resolution Life.
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