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Gallagher Bassett acquires marine claims specialist W K Webster
February 4 2025
W K Webster is headquartered in London, with offices in Singapore, the U.S., and the Netherlands.
Great Eastern's acquisition of AmMetLife units called off
February 3 2025
AMMB mutually agrees to cancel RM1.12bn (US$249m) sale of AmMetLife Insurance and AmMetLife Takaful.
Suncorp completes sale of Asteron Life to Resolution
February 3 2025
The deal sees Resolution Life acquire the New Zealand-based business for NZ$410m (US$227m)
Taiwan's FSC urges insurers to offer more products for elderly and disadvantaged
February 3 2025
Regulator wants industry to create more micro-insurance and small-amount end-of-life products.
India clarifies GST treatment for co-insurance, reinsurance transactions
February 3 2025
The government’s decision includes retrospective regularisation of GST treatment from 2017 to 2024.
Cyber MGA Sync Underwriting launches in Australia
February 3 2025
Tokio Marine provides capacity for the managing general agent, which is is part of the Rhodian network.
Indian Finance Minister reaffirms 100% insurance FDI ambitions
February 3 2025
Nirmala Sitharaman said this enhanced limit will be available to firms which invest the entire premium in India
Heavy rainfall, flooding prompts evacuations in North Queensland
February 3 2025
The Insurance Council of Australia on Sunday declared the North Queensland floods a ‘significant event’.
Steadfast Group combines Network Insurance Group and Insurance House
January 31 2025
Group's two largest brokerages merge, with Andrew Broughton named as CEO.
IRDAI caps senior citizen health insurance rate hikes at 10%
January 31 2025
The move follows the regulator’s decision to abolish the age cap of 65 years for purchasing health insurance.
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