News

ICA calls for A$30bn flood defence fund to curb insurance risks

February 26 2025

Council warns that escalating flood risks are driving up claims costs and making insurance increasingly unaffordable.

go-digit-introduces-aqi-based-parametric-insurance-for-migrant-workers-in-delhi-ncr

Go Digit launches AQI-based parametric insurance for migrant workers in Delhi NCR

February 26 2025

Digital insurer partners with K.M. Dastur Reinsurance Brokers amid

australias-cyclone-pool-reaches-a2-17-trillion-in-coverage-as-of-september-2024

Cyclone Pool covers nearly A$2.17 Trillion in aggregate building exposure: ARPC

February 26 2025

The pool has grown to cover over 3.1 million Australian buildings, but risk mitigation uptake remains low despite available premium discounts.

seadrif-fao-and-asean-nations-to-assess-southeast-asia-agricultural-risk-finance-facility

SEADRIF, FAO and ASEAN nations explore Southeast Asia agricultural risk finance facility

February 26 2025

The proposed facility aims to enhance climate resilience in Southeast Asia’s agricultural sector by addressing funding gaps and improving access to risk finance solutions.

NRMA Insurance partners with Thriving Communities Australia’s OSOS Hub

February 25 2025

The company is the first insurer to partner with the non-profit platform.

Generali Hong Kong expands LGBTQI+ inclusion initiatives with video series

February 25 2025

In collaboration with G Dot TV, the series shares stories from LGBTQI+ individuals and allies.

Marsh increases global capacity of Fast Track facility

February 24 2025

Facility, backed by QBE and Lloyd's syndicates, will offer up to 10% automatic capacity across P&C and specialty portfolios from March.

niva-bupa-investigates-potential-data-breach

Niva Bupa investigating potential data breach

February 24 2025

If confirmed, the breach would mark another significant cybersecurity incident in India’s insurance sector.

Indian insurers weigh 10%-15% health premium hike amid rising pollution-linked claims: Report

February 24 2025

Proposal is reported to be under review and pending approval from IRDAI.

QBE reports US$22.4bn GWP in 2024, up 3%

February 21 2025

The insurer's GWP grew despite portfolio exits and lower crop premiums.

Malaysian PAC to hold closed-door proceedings on rising insurance premiums, private healthcare costs

February 21 2025

The proceedings follow recent public outcry over surging prices and their impact on access to medical services.

irdai-mandates-implementation-of-unified-payments-interface-system-for-premiums

IRDAI mandates implementation of Unified Payments Interface system for premium processing

February 21 2025

Indian regulator has instruction all insurers to implement Bima-ASBA, a UPI-enabled system, by 1 March.

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