News

Zurich and Klook partner on embedded, parametric travel delay product

March 22 2024

Partnership, in conjunction with insurtech Blink, offers instant lounge access upon trigger of a flight delay.

japan-post-says-boj-rate-hike-will-have-minimal-impact-on-investment-and-heading-strategies-report

Japan Post Insurance says end of negative interest rates will have minimal impact on performance - report

March 22 2024

Japan Post Bank and Japan Post Insurance said their portfolios and hedging policies will not change drastically following shift in BOJ interest rate policy.

Australian Federal Court rules in favour of Auto & General in ASIC legal battle over policy terms

March 22 2024

Federal Court rules policy term, requiring notification of property changes, does not violate the ASIC Act.

nippon-life-says-overseas-acquisitions-are-key-to-ambitious-plans-to-double-profits-by-2035

Overseas acquisitions key to Nippon Life's ambitious plan to double profit by 2035

March 22 2024

Nippon plans to double core operating profit to JPY1.4 trillion (US$9.25bn), with plans for significant expansion of overseas business.

aerial-and-satellite-images-employed-to-fast-track-noto-peninsula-quake-claims

Noto earthquake claims rise to 115k, with 59% paid: GIAJ

March 22 2024

Latest numbers show accepted claims have increased from 67k at end Jan, though good progress has been made with 83% of investigations now completed.

Allianz Life launches new health and ESG funds through HSBC Malaysia tie-up

March 21 2024

Two new investment-linked funds are managed by BlackRock and target healthcare and ESG-focused assets.

insurance-agent-banned-for-15-months-over-for-falsifying-documents

Hong Kong Insurance agent banned for 15 months for falsifying documents

March 21 2024

Document and signature falsification results in a rescinded policy, leaving client without coverage after the life insured's death.

nrma-and-suncorp-provide-premium-cuts-through-bushfire-resilience-app

NRMA and Suncorp provide premium discounts through Bushfire Resilience App

March 21 2024

Aussie insurers team up with Resilient Building Council to reward households with reduced premiums for improving bushfire resilience.

Internal emails reveal turmoil in Greensill case - report

March 21 2024

Court documents obtained by Australian Financial Review reveals insights into alleged breaches and regulatory concerns.

Tokio Marine earmarks $10bn for global acquisitions - report

March 21 2024

Japanese insurance giant patiently eyeing potential opportunities, including in APAC while also looking to grow commercial lines.

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