News

Protech General Insurance banner with a city skyline at sunset and a circular portrait of a man in a suit centered in the image

ProTec General names Subramanyam Brahmajosyula head of underwriting and reinsurance

August 16 2026

The former SBI General chief technical officer joins the newly licensed Indian insurer with more than 35 years across underwriting, claims, reinsurance and product development.

GIC Re cuts Q1 underwriting loss as gross premium rises to US$1.41bn

August 14 2026

The reinsurer’s claims ratio improved, helping narrow the underwriting loss despite a combined ratio that remained above break-even.

Tall office building with a glass-domed roof and red neon Chinese signage 中国平安 on the facade

Ping An launches dedicated D&O brand in China

August 14 2026

The "Dong Ping An" offering extends beyond claims into pre-loss risk checks and support during regulatory or litigation events.

Parched cracked earth with scattered tufts of green grass emerging between the cracks in a drought-affected field

Insurers face growing compound risk from heat and water stress, Moody’s warns

August 14 2026

Global water demand is projected to exceed supply by 40% by 2030, sharpening pressure on insurers to model chronic climate risks.

Korea Investment Holdings chosen as preferred bidder for KDB Life deal

August 14 2026

This is KDB’s seventh attempt to find a buyer for the life insurer since 2014.

Hanwha Life new business CSM rises 40.5% to record US$913m in H1

August 14 2026

CFO Yoon Jong-kook has also outlined plans to focus on mid- to long-term whole-life and nursing-care products.

Nighttime city scene with light trails on a busy highway and tall illuminated skyscrapers in the background.

Asia’s wealth surge opens US$140bn premium opportunity in untapped HNWI market

August 14 2026

McKinsey said only 15%–20% of HNWIs in the region have integrated life insurance into their wealth planning.

Health insurance claim form with a stethoscope and a stack of Indian ₹2000 notes beside it.

India weighs health insurance, claims reforms as medical costs surge — report

August 13 2026

A panel comprising regulators, insurers, hospitals, and led by the IRDAI chief will submit recommendations by year-end.

Wide city skyline at dusk with a hill and a tall tower on top, colorful sunset in the clouds above Seoul-like cityscape.

Samsung Fire & Marine H1 net profit rises 10.2% as commercial lines drive growth

August 13 2026

While overall earnings strengthened, the insurer's motor portfolio remained under pressure from weaker profitability and subdued premium growth.

White tiled office building with the Meiji Yasuda sign in Japanese characters, blue sky above, and green trees in the foreground.

Meiji Yasuda monitors policy surrenders as rising rates reshape insurance demand

August 13 2026

The observation comes amid similar surrender patterns across other Asian markets.

Large black-and-red bulk carrier being guided by a small tugboat at a port, with cranes in the distance and calm turquoise water.

Skuld withdraws war risk cover across parts of Red Sea, Gulf of Aden and Indian Ocean

August 13 2026

The cancellation, effective from August 16, affects fixed-premium assureds with affected war risk cover.

IAG posts 7.6% premium growth as RACQ acquisition lifts retail book, catastrophe costs weigh on profit

August 13 2026

Australian retail GWP increased 17.8% to A$10.31bn (US$7.37bn), including A$1.27bn from RACQ Insurance.

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