News

Aerial view of a city at blue hour with a wide, tree-lined boulevard and surrounding tall office towers and illuminated streets.

Asia Commercial Bank subsidiaries secure licence for non-life insurer in Vietnam

August 24 2026

The Ho Chi Minh City-based company will be 91% owned by ACB Asset Management and authorised to write health, motor, property and other short-tail lines.

Malaysian Re’s Q1 profit rises 25.1% as MNRB seeks closer Lloyd’s links

Malaysian Re's Q1 profit rises 25.1% as MNRB targets deeper Lloyd's links

August 24 2026

Group profit after tax rose 9.1%, with MNRB expecting the Labuan Re buyout to feed specialty and cross-border business.

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Philippine premiums rise 16.2% in Q2 as insurance penetration improves

August 24 2026

Insurance density also increased 15.24% to PHP2,468.63 (US$39.98) per person, compared with PHP2,142.19 in the same period last year.

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KIRI urges insurers to make inclusive insurance a core business line

August 24 2026

As climate and demographic risks intensify, KIRI urged insurers to move beyond traditional compensation and support recovery efforts.

Australia's NRMA Insurance opens applications for eight climate-resilience grants

August 23 2026

The insurer will allocate A$500k (US$360k) through its Help Fund to support Australian solutions that help communities prepare for, adapt to and recover from climate impacts.

Blue glass skyscraper with an AIA sign on the upper corner against a partly cloudy sky.

AIA's agency force to buffer China tax crackdown, S&P says

August 22 2026

The insurer's agency force is likely to support sales to mainland customers as demand remains resilient despite tax scrutiny.

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MS&AD to invest up to US$273m in Standard Life's UK pension venture

August 22 2026

The Japanese group is betting on long-term growth in the UK pension risk transfer market as it targets higher earnings from overseas businesses.

Steadfast inks A$7.7bn takeover deal with Amwins-Dragoneer-KKR consortium

August 21 2026

The parties aim to complete the A$7.7bn transaction by December, subject to shareholder, court and regulatory approvals.

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IRDAI sanctions Niva Bupa, Acko for overshooting FY2025 expense limit

August 21 2026

The regulator barred both insurers from opening new branches for six months.

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Ping An posts 11.2% NBV growth in H1 2026 as P&C CoR improves to 95.1%

August 21 2026

Multi-channel reach and targeted product and payment strategies boosted the insurer's new business value growth.

Close-up of a hand holding a stack of U.S. $100 bills with colorful notes in the background.] ORMA error

Steadfast trading halted as consortium finalises A$7.7bn deal documentation

August 21 2026

The Amwins-Dragoneer-KKR consortium is finalising documentation and financing for its proposed A$7.7bn (US$5.5bn) acquisition of Steadfast after entering the final stages of due diligence.

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APRA flags general insurers for closer scrutiny amid rising AI cyber risks

August 21 2026

The regulator also wants insurers and other financial institutions to demonstrate how geopolitical risks are embedded in strategy, risk appetite and board oversight.

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