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India: Bima Vistaar set for rollout as IRDAI advances ‘Bima Trinity’
February 18 2025
The regulator is enhancing technology infrastructure while Bima Sugam and Bima Vahak are progressing toward launch.
Insurers still receiving new claims three years after historic Lismore floods
February 17 2025
More than 99% of 242,000 claims now settled, but ICA says a small number of new claims still emerge each month.
Generali HK partners with YAS to enhance underwriting through use of advanced technologies
February 17 2025
Partnership between carrier and insurtech builds on a travel insurance initiative pair launched in November.
Australian Reinsurance Pool Corporation launches first reconciliation action plan
February 17 2025
The initiative aims to improve insurance accessibility and engagement with Aboriginal and Torres Strait Islander communities.
Major Indian insurers submit IPO plans to IRDAI: Report
February 17 2025
Bajaj Allianz, Tata AIA, Tata AIG, HDFC Ergo, and SBI General, among those reported to have submitted plans.
Philippine insurance industry records 12.81% premium growth in 2024
February 17 2025
Premiums and net profit up across life, non-life, and MBAs, though claims also surged by 18.97%.
Australia's opposition leader threatens break up of insurers
February 17 2025
Peter Dutton suggests government could intervene to "make sure that consumers get a fair go."
Aviva India ordered to pay US$7.5m fine: Report
February 15 2025
Authorities allege business paid excess commissions and evaded tax, with insurer denying any wrongdoing.
Sompo Holdings to restructure into two global segments
February 15 2025
Business will reorganise into Sompo P&C and Sompo Wellbeing from April.
NZ insurers call for better data sharing after record North Island disasters
February 14 2025
ICNZ report highlights need for legislative changes to enhance information flow and access to disaster sites.
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