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Cyclone Alfred claims rise to over 34,000 as recovery efforts ramp up
March 12 2025
Claims surge over 50% in 24 hours.
Philippines Insurance Commission delays PFRS 17 implementation to 2027
March 12 2025
Timeframe for local adoption of the IFRS 17 accounting standard was initially set for 2025.
BNM, MOH, EPF set to create basic health insurance, takaful products for Malaysia
March 12 2025
Government bodies plan to introduce basic health insurance and takaful products to amid public concern of rising costs.
HDI Global launches Climate Consulting service
March 11 2025
The service aims to provide businesses with data-driven insights to manage and mitigate climate risks.
PCRIC issues payout to Vatuvara Foundation for Cyclone Rae damage
March 11 2025
The payment, equivalent to 10% of the coverage limit, will support reef restoration and community recovery efforts.
Gallagher takes full ownership of Philinsure
March 11 2025
Gallaghers transition from minority stakeholder to full owner of the commercial (re)insurance brokerage.
Sun Life Hong Kong enhances financial literacy initiatives for migrant domestic workers
March 11 2025
The insurer has donated HK$200,000 to Uplifters to support its “Dare to Dream” financial literacy programme.
JBA introduces Australian flood risk model
March 11 2025
The launch comes as states of NSW and QLD see severe flooding due to ex-Tropical Cyclone Alfred.
Claims from Cyclone Alfred continue to rise, now exceeding 22,000
March 11 2025
Claims from NSW likely to spike as residents return to assess damage.
PIB Group expands APAC reach with acquisition of Litica
March 11 2025
MGA specialises in litigation insurance and has a presence in Australia and the United States.
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