News

chinese-regulators-issue-plan-to-advance-green-finance-in-insurance

Chinese regulators urge insurers to focus on green products and investments

March 10 2025

New plan from NFRA and PBOC calls for insurers to support green transition, invest in green assets, and improve climate-risk assesments.

cyclone-alfred-downgraded-before-making-landfall

Insurance Council of Australia declares Cyclone Alfred an insurance catastrophe

March 9 2025

Insurers have received 3000 claims with "many more thousands" expected.

Cyclone Alfred downgraded before making landfall

March 8 2025

Wind damage minimal but heavy rain, severe flood threats remain.

malaysian-insurance-and-takaful-industry-proposes-steps-to-manage-rising-healthcare-costs

Malaysian insurance and takaful industries propose steps to manage rising healthcare costs

March 7 2025

Proposals include measures to improve transparency, regulate pharmaceutical costs, and encourage cost-sharing.

indian-regulators-extend-ifrs-17-start-date-to-2027

Bharti AXA secures 15% investment from 360 ONE Asset to drive expansion

March 7 2025

Subject to regulatory approvals, the acquisition supports the insurer's growth in life insurance demand.

manulife-and-global-atlantic-agree-landmark-ltc-reinsurance-transaction

Manulife projects threefold ROI from AI-related investments by 2027

March 7 2025

Life insurer says 75% of its global workforce are now actively engaging with AI tools.

Severe flooding hits Jakarta, recovery efforts underway

March 7 2025

Jakarta’s City Council has urged a broader recovery strategy, including long-term support for housing, education, and economic recovery for affected families.

AXA XL partners with cybersecurity expert Darkweb IQ

March 7 2025

Tie-up aims to help proactively tackle ransomware and supply chain vulnerabilities for businesses.

ping-an-insurance-to-acquire-remaining-stake-of-healthcare-arm

Ping An partners with JBA to enhance flood risk modelling

March 7 2025

The deal comes as China faces intensifying flood risks, with more frequent and severe flood events.

global-aon-appoint-paul-davies-as-vice-chair

Aon launches employee benefits cell captive for multinational employers

March 6 2025

Move sees Aon apply P&C cell captives model to the employee benefits segment.

MSIG becomes first title partner of ASEAN Women’s Football Championship

March 6 2025

Indonesia is set to host the 2025 ASEAN MSIG Serenity Cup™ from 25 September.

japanese-insurers-reduce-capacity-withdraw-favourable-terms-to-focus-on-profitability-aon

Chubb Japan partners with Smartpay to offer embedded insurance for BNPL transactions

March 6 2025

The collaboration marks the first initiative of its kind in the country.

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