News

Envest set to acquire major stake in NZ underwriter Ando Insurance

January 2 2025

The acquisition of one of New Zealand’s largest MGAs will expand Envest’s NZ footprint.

Hong Kong lists US$35m China, US Nat Cat ILS

January 2 2025

Taiping Re's Silk Road special purpose insurer covers US and China cat risks over three years.

Thai GI industry to reach GWP of approximately US$8.5bn in 2025: GIA

January 2 2025

Thai General Insurance Association forecasts GWP growth of up to 2.5% in 2025 despite challenges from economic headwinds.

jeju-air-crash-may-lead-to-insurance-loss-of-up-to-us180m

Insurance claims from Jeju Air crash estimated between US$135m and US$200m

January 2 2025

Samsung Fire & Marine the lead insurer, with early claims estimate up to US$200m across passenger liability and hull.

Doha Insurance Group opens branch in India

December 31 2024

Qatari (re)insurer Doha Insurance Group receives approval to establish branch in India’s GIFT City, expanding its international presence.

OCBC Bank sells its entire one-third stake in Hong Kong Life Insurance

December 30 2024

Singapore bank divests its stake in Hong Kong Life Insurance to Yue Xiu Enterprises for HK$589.3m amid insurer's strong premium growth in 2024.

Insurers in Singapore reassure policyholders amid NRIC security concerns

December 24 2024

However industry is reviewing the use of National Registration Identity Card numbers and some processes may change as a result.

bolttech-secures-us100m-in-series-c-funding-led-by-dragon-fund

bolttech raises US$100m in Series C funding, led by Dragon Fund

December 20 2024

Latest funding round expected to exceed US$100m and puts insurtech's value at US$2.1bn.

Berkley to enter India following approval of GIFT City office

December 20 2024

Specialty insurer also names Unnati Bajpai as CEO and Principal Officer of the new branch office.

Aon partners with Fathom to enhance flood risk analysis offering

December 20 2024

Aon's Climate Risk Monitor now provides flood risk evaluation at a resolution of 10 square metres for Japan, the U.S., and the UK.

roojai-group-announces-acquisition-of-directasia-thailand-from-hiscox

Roojai announces acquisition of DirectAsia Thailand from Hiscox

December 20 2024

A previous deal, agreed in 2023, had been terminated earlier this year due to time constraints.

RHB Bank appeals high court ruling in bancassurance dispute with Tokio Marine Life Malaysia

December 20 2024

The dispute centres on Tokio Marine Life’s right of first refusal under a bancassurance agreement, potentially influencing the bank's search for new partners.

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