News

Max Life, SBI Life refute speculative reports on bancassurance limits

November 29 2024

Both insurers deny any directives or communication with the IRDAI about regulator's plans to impose caps on bancassurance business.

india-opens-consultation-on-feasibility-of-establishing-domestic-pampi-club

India opens consultation on feasibility of domestic P&I club

November 29 2024

The Directorate General of Shipping initiates a tender for India Club project, which aims to reduce dependence on foreign maritime insurers

bnm-orders-review-of-insurance-premium-hikes-from-insurers-takaful-operators

BNM orders insurers, takaful operators to review premium hikes

November 29 2024

Move comes after reports of sharp increases in health insurance premiums of between 40% to 70% in Malaysia.

LIC eyes ManipalCigna stake for health insurance entry - report

November 28 2024

State-owned insurer is reportedly considering up to a 50% stake as part of its strategic move into health.

IAG to acquire 90% of RACQ's underwriting business

November 28 2024

AU$855m (US$555m) deal includes a 25-year distribution agreement, with an option for IAG to purchase the remaining 10% underwriting business in two years.

Malaysian MP urges Bank Negara Malaysia to investigate health insurance premium hikes

November 28 2024

Health insurance premiums in Malaysia have reportedly increased by up to 70%.

Suncorp launches Disaster Management Centre in Brisbane

November 27 2024

The new centre uses technology and collaborative insights in efforts to enhance disaster preparedness and customer support across Australia and New Zealand.