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LA Wildfires: insured losses projected up to US$45bn
January 21 2025
Industry losses estimated between US$10bn and US$45bn, with some Asia (re)insurers facing exposure.
Alllianz set to pay AU$170m in compensation after settling car add-on insurance class action
January 20 2025
ASIC has been criticising Australian insurer's car add-on insurance sales practices since 2016.
FWD Hong Kong, Bank SinoPac forge bancassurance partnership
January 20 2025
Partnership aims to expand FWD's reach in high-net-worth and commercial markets.
CCR Re officially rebrands to Arundo Re
January 17 2025
Rebrand was first announced in September.
MG Non-Life faces liquidation risk with potential sale in deadlock: Report
January 17 2025
Sale attempt woes continue as union blockades stall Meritz Fire & Marine's bid.
Severe storms across Australia’s eastern states trigger surge in insurance claims
January 17 2025
Insurers mobilise after strong winds, hail hit New South Wales and Queensland.
Korean insurers could see losses of over US$70m from LA wildfires: Report
January 17 2025
DB Insurance and Korean Re among those exposed to losses from wildfires.
Manulife Asia signs off on three-year partnership with MDRT
January 16 2025
The three-year program aims to aid agents from their career advancement.
Vision Insurance Placements gains Lloyd's Coverholder status
January 16 2025
The Western Australian firm launched in 2022.
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.
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