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IRDAI urges major unlisted insurers to outline listing plans - report
January 7 2025
The regulator’s push for public listings aims to enhance transparency, governance, and investor confidence in India’s expanding insurance market.
Bank Negara Malaysia launches code of conduct for motor insurance claims
January 7 2025
The Insurers and Takaful Operators-Repairers Code of Conduct establishes minimum standards around motor claims settlements.
India extends crop insurance schemes to 2025-26
January 7 2025
The government also announced new technology initiatives to improve crop insurance efficiency and weather forecasting for farmers nationwide.
Zurich Singapore launches embedded travel solution through CDG's ride-hailing app
January 6 2025
Zurich partners with ComfortDelGro to offer insurance via the CDG Zig ride-hailing platform.
Etiqa reintroduces Takaful product in Singapore
January 6 2025
Etiqa launches first Takaful product in over ten years, partnering with Maybank Singapore for distribution on the Shariah-compliant investment-linked plan.
BNM directs insurers to spread health premium hikes over three years
January 3 2025
Regulator directs insurers, takaful operators to stagger hikes following backlash over expected single year hikes of between 40 to 70%.
Australia's Cyclone Pool achieves 100% participation
January 3 2025
Australian Reinsurance Pool Corporation says all mandated insurers have now joined the Cyclone Pool.
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.
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