News

Japan's ITOCHU Corporation to acquire 20% stake in Thaivivat Insurance

January 16 2025

Conglomerate set to enter Southeast Asia's primary non-life market through acquisition.

AIFT to enter Japan amid growing interest in digital asset insurance

January 16 2025

AIFT and its digital asset insurance arm, OneInfinity by OneDegree to expand amid increasing global interest and local regulatory focus.

Australian Health Minister rejects insurers' premium hike proposal for second time

January 15 2025

Mark Butler calls for more 'reasonable' figures, but Private Healthcare Australia warns of rising claims cost and financial pressures on insurers.

MSIG Singapore appoints Inova Care for health insurance claims management

January 15 2025

MSIG Singapore appoints Inova Care as health claims service provider in bid to help manage rising medical costs.

Updated assessment reveals higher earthquake risks in Australia

January 15 2025

Geoscience Australia's latest update identifies Darwin and Victoria's Latrobe Valley as regions with increased seismic hazard.

Fears that LA wildfires could pressure Australian insurance prices

January 15 2025

The economic loss estimates from the wildfires which are ravaging the Greater LA area are as high as $275bn.

RedRay becomes Everest Asia's first healthcare-focused MGA

January 14 2025

RedRay's appointment underlines Everest's strategic expansion into Asia's healthcare markets.

Gallagher acquires Wealth Management Partners in Australia

January 14 2025

Gallagher enhances its retirement and wealth protection services through acquisition of Perth-based business.

moodys-set-to-acquire-goespatial-real-estate-intelligence-firm-cape-analytics

Moody’s set to acquire geospatial data analysis firm, CAPE Analytics

January 14 2025

CAPE Analytics creates property intelligence analytics through computer vision, machine learning, and geospatial imagery for regions including Australia, The U.S., and Canada.

star-health-looks-to-double-bancassuarance-revenue-in-next-three-years-report

Star Health looking to double bancassurance revenue in next three years: Report

January 13 2025

Indian insurer says it aims to add 29 to 30 bancassurance partners by H1 2026.

university-of-hong-kong-urges-insurance-and-policy-advancements-amid-growing-climate-risks

University of Hong Kong calls for expansion of insurance solutions amid growing climate risks

January 13 2025

HKU Business School paper outlines ideas to turn climate risks into economic growth opportunities.

etiqa-to-sustain-underwriting-performance-despite-phased-liberalisation-of-fire-motor-lines-am-best

Etiqa to sustain underwriting performance despite market liberalisation of fire, motor lines: AM Best

January 13 2025

Ratings agency affirms ratings, with ongoing underwriting and pricing discipline expected to support strong operating performance.

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