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Top Indian insurance regulator says country needs more insurers
October 23 2024
India’s strong economic growth and 1.4 billion population means insurance sector needs to expand to meet demand said IRDAI chair.
Vietnam's Typhoon Yagi losses top US$500m
October 23 2024
Despite sizeable claims, 17% insurance coverage of total losses highlights Vietnam's insurance protection gap.
ARPC cyclone pool records ‘modest’ surplus
October 23 2024
Cat risk sharing mechanism is close to a 100% of coverage in its target areas.
Tune Protect, bolttech partner to extend Air Asia's travel insurance to Hong Kong
October 22 2024
Air Asia's new insurance coverage includes personal accident and travel delay protection for Hong Kong travellers.
Allianz weighing exit from Indian Insurance JVs - report
October 22 2024
Allianz is believed to be considering alternative investments in India's insurance market amid strategic disagreements with Bajaj Finserv.
SEBI approves Niva Bupa Health Insurance IPO
October 22 2024
The firm is India’s second fastest growing standalone health insurer and has posted a CAGR of 41.4% over the last two years.
AXA XL expands cyber coverage to include Gen AI risks
October 22 2024
Firm offers expanded policy as potential risks posed by Gen AI rack up, with the EU taking the lead in attempt to regulate the new technology.
China’s regulator proposes new ratings system for P&C insurers
October 22 2024
NFRA puts forward a new comprehensive rating system with 104 indicators across nine categories.
Aviation disruption insurance in focus following spike in Indian airline threats - report
October 22 2024
Over 100 flights operated by Indian airlines have been the victim of bomb hoaxes in the last week
QBE Ventures invests in Lazarus AI
October 21 2024
Lazarus AI's technology offers potential benefits for healthcare, banking, and insurance sectors.
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