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RACQ sale process stalls again amid a lack of buyer interest: Report
August 22 2024
Bank of America reportedly pauses sale of Australian insurer, with Allianz and other potential buyers withdrawing interest.
Taiwan's CTBC makes ambitious move to acquire Shin Kong
August 22 2024
If successful, the deal would make CTBC Taiwan's largest financial conglomerate and a dominant insurance player.
Bajaj Allianz General Insurance, HSBC India enter bancassurance partnership
August 22 2024
Partnership aims to provide comprehensive insurance coverage to HSBC customers.
APRA finalises Defined Terms prudential standard
August 22 2024
CPS 001 merges five existing standards and introduces new definitions to provide clearer regulatory guidance for Australian insurers.
Central Bank of India wins bid for stakes in Future Generali India Insurance and Life
August 22 2024
State-owned bank says committee of creditors has endorsed the deal, which will now await approvals from the IRDAI and Competition Commission of India.
MAS reiterates personal data regulations in Allianz-Income deal
August 22 2024
The central bank addresses concerns about customer data management in the high-profile insurance deal.
IAG reports 79% jump in full-year insurance profit
August 21 2024
Increase to AU$1.44bn (US$970bn) driven by 11.3% rise in GWP, with motor and home insurance seeing strong growth.
Philippine insurance industry records 14.48% premium rise in 1H 2024
August 21 2024
The Insurance Commission of the Philippines reports strong growth in both life and non-life segments, though the industry has also seen a surge in claims.
MSIG Singapore and Embed Global deploy WhatsApp chatbot to automate SME quotes
August 21 2024
Businesses partner to develop chatbot solution which connects with the carrier's underwriting model and uses AI to provide instant quotes.
Igloo partners with TrueMoney to offer health insurance offerings via e-payment app
August 21 2024
Through Igloo's tech, TrueMoney customers can now access health insurance from carriers such as ThaiVivat, Dhipaya, and Tokio Marine.
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