News

NSW takes step toward lower property insurance premiums with introduction of Insurance Monitor Bill

May 10 2024

Bill looks to reduce premiums by replacing emergency services levy, with an independent body also appointed to ensure savings are passed on to insureds.

senate-inquiry-calls-for-government-support-to-address-australias-live-music-insurance-crisis

Senate inquiry calls for government support to help address Australia's live music and festival insurance crisis

May 10 2024

Changing risk appetite have seen insurance premiums rise as much as ten times.

OCBC bids S$1.4bn to take Great Eastern private

May 10 2024

US$1.03bn bid for the remaining 11.56% stake forms part of plan to delist insurer from the Singapore Exchange.

generali-hk-partners-with-ngo-and-school-to-help-support-over-50-vulnerable-families

Generali HK partners with NGO and school to help support vulnerable families

May 10 2024

Generali Hong Kong partners with OneSky and Kowloon Tong School in social initiative to help over 50 families.

carbon-credit-insurer-oka-enters-australian-market-through-clima-and-psc-partnerships

Carbon credit insurer Oka enters Australian Market with Clima and PSC partnerships

May 10 2024

Oka announces international debut through partnership with carbon solutions platform Clima, with PSC Paragon helping to distribute the solutions.

lockton-korea-ceo-aims-to-double-sales-by-2028-through-organic-growth

Lockton Korea aiming to double sales by 2028 says CEO

May 10 2024

CEO Ben Son says business plans to double sales organically through focus on commercial risks including property, liability, and technology.

indias-go-digit-general-insurance-set-for-15-may-ipo

India's Go Digit set for 15 May IPO

May 10 2024

Insurtech aims to raise funds to strengthen capital base.

Queensland's RACQ considering sale of insurance division - report

May 9 2024

Insurer reportedly re-engages Bank of America for sales process following an unsuccessful sale attempt to IAG in 2022/23.

Zurich launches new embedded insurance partnership with Japan's Ponta loyalty reward program

May 9 2024

Zurich Edge integrates with Ponta app to provide complimentary and paid personal accident insurance coverage.

Prudential to shut down Hong Kong wealth management unit, Pulse Wealth

May 9 2024

The news, first brought to light by trade publication Pensions & Investments, was confirmed by Prudential in a statement to Reuters.

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