News

QBE to exit North American mid-market segment

June 19 2024

Insurer to exit segment following several years of performance challenges.

NFRA chief urges China's insurance industry to innovate and expand

June 19 2024

Speaking at the 15th Lujiazui Forum, Li Yunze emphasised the key role insurance will play in China's modernisation efforts.

zurich-completes-majority-stake-acquisition-of-kotak-general-insurance

Zurich completes 70% stake acquisition of Kotak General Insurance for US$670m

June 19 2024

"India's insurance market offers immense potential, and together with Kotak, we are committed to supporting its growth and development," says Zurich APAC CEO Tulsi Naidu.

Japan's major non-life insurers report profit surge for FY2024

June 19 2024

Profits double, while net premiums rise, driven by strong overseas performance and yen depreciation.

major-japanese-life-insurers-report-rise-in-premiums-and-core-business-profits-for-fy-2024

Major Japanese life insurers see rise in premiums and core business profits in FY 2024

June 19 2024

FSA data shows increased premium and net income for FY24, driven by higher single premium insurance sales and rising domestic interest rates.

NSW budget allocates AU$5.7bn for flood recovery and resilience

June 18 2024

Budget includes AU$5.7bn (US$3.77bn) for flood recovery, housing, and infrastructure projects over the next four years.

ICA advocates for improved hardship and vulnerability provisions in GI code

June 18 2024

Australia's General Insurance Code of Practice is currently undergoing its three-yearly review.

axa-and-hk-express-tie-up-embedded-partnership-deal

AXA and HK Express tie-up embedded deal

June 17 2024

Businesses partner up to provide insurance solutions to Hong Kong airline's customers.

sompo-japan-under-fire-again-for-possible-antimonopoly-law-breach

Sompo Japan faces further heat after investigation reportedly uncovers prearranged premiums

June 17 2024

An external investigation says it found Sompo Japan prearranged premiums with other non-life insurers, affecting 385 corporate clients.

LIC says no formal plans in place for health insurer acquisition

June 14 2024

In a regulatory filing, insurance giant added it will continue to explore strategic growth opportunities.

Income Insurance and Allianz in talks over potential deal

June 14 2024

Businesses confirm talks, but specifics over potential partnership or stake acquisition are not yet known.

malaysian-re-and-pacific-life-re-extend-mou-on-sustainable-retakaful-solutions

Malaysian Re and Pacific Life Re extend retakaful solutions MoU

June 14 2024

Businesses renew their 2019 MOU to continue to provide retakaful solutions to takaful operators.

Previous 1 … 252 253 254 255 256 … 339 Next