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Sunday, August 9, 2026
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Korean insurers offshore profits up 135% in 2024 - report
October 9 2024
Expansion into global markets supports growth for South Korean life and non-life firms.
Korean guarantee insurance payouts rise as economy falters - report
October 9 2024
Rising interest rates and inflation contribute to record-high guarantee insurance payouts in South Korea.
Listed Singapore insurers to start carbon emissions reporting in 2025
October 9 2024
Singapore Exchange mandates Scope 1 and 2 emissions disclosures for insurers by 2025, with Scope 3 implementation delayed.
Australia should see average cyclone season, but severe storms loom large: BOM
October 8 2024
The Australian Bureau of Meteorology forecasts an average number of cyclones for 2024-25, but warmer seas may increase storm severity.
MNK Group launches Labuan-based reinsurer Mekong Re
October 8 2024
MNK Group looks to tap new specialty opportunities in Asia Pacific with Rajguru K appointed CEO of new reinsurer.
HK Insurance Authority warns of rising cyber threat
October 8 2024
Cyber insurance penetration in Hong Kong is half the level of Singapore as a percentage of GDP.
Room to expand Hong Kong shipping insurance sector - report
October 7 2024
CY Leung, Former HK CEO, tells SCMP an increased focus on shipping services—like insurance—are needed in order to increase the attractiveness of the city’s port.
Typhoon Krathon inflicts widespread damage on Taiwan and the Philippines
October 7 2024
Agricultural sector suffers huge losses as a result of the typhoon.
AA Insurance New Zealand fined NZ$6.175m due to discount failures
October 7 2024
New Zealand's High Court fines insurer NZ$6.175m (US$3.8m) for failing to apply discounts and bonuses, leading to overcharges.
India's Mahindra Insurance Brokers expands to MENA with new reinsurance office
October 4 2024
Mahindra Group subsidiary has opened a new reinsurance office at Dubai International Financial Centre.
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