News

australias-cyclone-reinsurance-pool-hit-99-coverage-by-sum-insured-but-count-of-risks-falls

Australia's Cyclone Reinsurance Pool hit 99% sum insured coverage, but count of risks covered falls

October 29 2024

Pool expected to achieve 100% coverage by year's end, but despite positive impact, external pressures appear to be widening Australia's protection gap.

australian-federal-court-rules-in-favour-of-auto-general-in-asic-legal-battle-over-policy-terms

Australia's Federal court rules HCF Life's policy term could mislead consumers

October 28 2024

Justice Jackman says pre-existing condition clause is misleading, but not an unfair contract term under the ASIC Act of 2021.

aia-china-receives-regulatory-approval-for-anhui-branch

AIA China receives regulatory approval for Anhui and Shandong branches

October 28 2024

If final approvals are received, the Anhui branches would mark AIA’s sixth and seventh expansion in Mainland China since 2019.

lockton-strengthens-indian-presence-with-acquisition-of-arihant-insurance-broking

Lockton strengthens India presence with acquisition of Arihant Insurance Broking

October 28 2024

The company aims to integrate its global capabilities with Arhant’s local presence with the acquisition to offer tailored solutions in India.

MAS consults on tweaking Singapore’s insurance RBC regime

October 28 2024

Regulator wants to ‘finetune’ the treatment of infrastructure investment under its solvency assessment

IRDAI moves to overhaul fraud oversight following insurer data breaches

October 28 2024

Indian regulator takes action following high profile customer data loss at Star Health Insurance and Allied Insurance.

fm-allocates-us400m-in-resilience-credits-for-client-climate-mitigation-initiatives

FM provides US$400m in 'resilience credits' for client climate mitigation initiatives

October 25 2024

With US$400m allocation this year, FM's resilience credit programme has surpassed US$1bn in total investment.

Prudential to test gen AI for medical claims processing in Singapore and Malaysia

October 24 2024

Insurer to conduct a three to four-month trial of Google's MedLM language models in Singapore and Malaysia.

RGA upsizes asset intensive reinsurance deal with Tongyang Life

October 24 2024

US firm expands transaction by 200m Korean won as reinsurers increasingly turn their attention to Asia Pac.

rare-earth-insurance-launches-independent-wholesale-broker-in-shanghai

Rare Earth launches independent wholesale broker in Shanghai

October 24 2024

Intermediary, led by Wang Wei and Mark Gu, becomes the first independent wholesale insurance broker to operate in mainland China.

OneDegree Group rebrands as AIFT

October 24 2024

Group says name change reflects its commitment to technology, with insurance arms OneDegree and OneInfinity maintaining their names.

Allianz in talks over a new Indian joint venture - report

October 23 2024

Allianz is considering new Indian ventures after disputes arose with existing partner, Bajaj FinServ.

Previous 1 … 225 226 227 228 229 … 340 Next