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woori-financial-receives-regulatory-approval-to-acquire-tongyang-life-and-abl-life

Woori Financial receives conditional regulatory approval to acquire Tongyang Life, ABL Life

May 5 2025

Decision follows months of review and includes oversight to ensure Woori implements internal reform and capital plans.

uaa-renews-10-year-underwriting-deal-with-qbe

Steadfast's UAA Secures 10-Year capacity renewal with QBE

May 2 2025

Underwriting Agencies of Australia has renewed its agreement with QBE, ensuring ongoing capacity for its mobile plant and equipment insurance operations across ANZ.

hsbc-launches-hong-kongs-first-local-multinational-captive-insurer

HSBC forms first captive insurer by a multinational enterprise based in Hong Kong

May 2 2025

Launch marks new milestone in SAR's ongoing push to be Asia’s leading risk management hub.

global-data-projects-new-zealand-life-insurance-market-to-reach-us4-73bn-by-2029

New Zealand general insurers record GWP growth and strong underwriting recovery in 2024: ICNZ

May 1 2025

NZ's insurance sector rebounds following Cyclone Gabrielle and Auckland floods

South Korea's Hanwha General Insurance increases stake in Carrot to 98.3%

May 1 2025

Hanwha increases its stake in the digital non-life insurer from 88.3% with KRW 205.6bn (US$144.43m) share acquisition.

indiafirst-life-becomes-first-life-insurer-to-start-gift-city-operations

Insurance Brokers Association of India launches chapter in GIFT City

May 1 2025

The move aims to expand the association's global insurance market presence.

May 1 2025

Insurance Council of Australia adds that claims have nearly reached A$1bn (US$640m).

fitch-assigns-aa-ifs-ratings-to-great-eastern-holdings-and-subsidiares

Fitch assigns ‘AA’ IFS ratings to Great Eastern Holdings and subsidiaries

May 1 2025

Group's' very strong performance, strong capital, and OCBC backing underpin ratings.

regulatory-reforms-to-drive-growth-in-malaysias-non-life-insurance-market-am-best

Malaysia’s general insurance premiums rise 6.9% in 2024 on motor and infrastructure demand: PIAM

April 30 2025

Underwriting profit fell 11% in 2024 despite premium growth, as the industry’s combined ratio edged up to 93.4%.

zurich-urges-coordinated-action-as-climate-disasters-inflict-us2-trillion-in-losses-over-decade

Zurich urges coordinated action as climate disasters inflict US$2 trillion in losses over the last decade

April 30 2025

Only 38% of global losses from extreme weather events were insured in 2023, underscoring the scale of the protection gap.

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