News

Rokstone and Lloyd’s Syndicate 3939 launch US$10m nat cat parametric facility

November 21 2024

MGA and NormanMax partner on global fac and treaty solutions for earthquake, hurricane, cyclone, and typhoon, with flood expected in 2025.

Philippine insurance industry records 13.45% premium growth in Q3 2024

November 20 2024

The overall increase in premiums translated into higher insurance density, which rose by 12.44% year-on-year.

Zurich partners with Negawatt, Cornerstone Technologies for ESG and sustainability push

November 20 2024

Partnership integrates gamified sustainability efforts with insurance incentives and EV charging solutions to advance Hong Kong's green ecosystem.

Hanwha Life teams up with Stanford University for AI project

November 20 2024

Hanwha Life is exploring four AI-related issues: asset management, digital personas, healthcare, and governance.

WestBridge Capital forms alliance with former Tata AIG CEO for new joint venture: reports

November 20 2024

General insurance JV will reportedly target India's health and motor segtmen, while using AI for its services.

Tokio Marine revises full-year net income forecast upward

November 20 2024

Insurer says it is leveraging foreign exchange gains and equity sales to offset challenges in Asian life insurance, boosting profitability forecasts.

philippine-insurance-commission-revises-infrastructure-investments-guidelines-for-reinsurers

Philippines revises infrastructure investments guidelines for (re)insurers

November 19 2024

New guidelines from the Insurance Commission expand on types of PDP infrastructures to be invested in, while streamlining pre-approval requirements.

Pacific Catastrophe Risk Insurance Company secures US$2.6m grant at COP 29

November 18 2024

GSSP grant aims to enhance product development and improve research and education around climate resilience in the Pacific Islands.

taiwan-bans-ships-insured-by-four-firms-from-entering-ports-citing-liability-concernswebp

Taiwan bans ships insured by four firms over unresolved liability issues

November 18 2024

Maritime and Port Bureau says ships insured by Ascent General, Edinburgharian PANDI, Polaris, and Arsenal Insurance will be banned from entering seaports from 24 November.

SAP Fioneer eyes Japan expansion through Fujitsu Partnership

November 18 2024

Insurtech looking to launch localised version of cloud platform to streamline and standardise operations for Japanese insurers, who are facing regulatory and demographic shifts.

un-fit-launches-global-guide-for-insurers-net-zero-transition-plans-at-cop29

UN forum launches guide for insurers' net-zero transition plans at COP29

November 18 2024

UN Forum for Insurance Transition launches guidelines around managing climate risks, supporting sustainability, and driving actionable change.

Argyle secures multi-year MSI capacity to enhance Australian SME insurance offerings

November 15 2024

Mitsui Sumitomo will provide capacity allowing MGA to increase combined limits to AU$7m (US$4.53m) starting in January.

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