News

Wooden airplane figurine on a map of Australia, centered over Western Australia area.

ACCC clears Allianz Partners' acquisition of nib travel insurance business

July 28 2026

nib will receive up to A$50m (US$35m) for the deal, which is expected to complete by the end of 2026.

Dusk city skyline with tall glass skyscrapers and illuminated streets below.

Vietnam non-life insurers rebound as digital channels and commercial demand lift growth: AM Best

July 28 2026

Health and personal accident lines led premium expansion in 2025, helped by bancassurance partnerships and embedded insurance.

Close-up map of southern China showing Guangzhou, Shenzhen, and Hong Kong with road lines and coastlines.

Typhoon Noul drives Shenzhen losses, Guangdong catastrophe prepayments

July 27 2026

In Shenzhen alone, insurers received 1,212 claims worth CNY18.37m (US$2.71m).

tokio-marine-leans-on-overseas-growth-as-greensill-equity-sales-weigh-on-net-profit-in-fy2025

Tokio Marine eyes IAG, Suncorp for potential A$20bn deal – Report

July 27 2026

The Japanese insurer is seeking a large-scale Australian acquisition as it looks to deploy surplus capital and diversify overseas earnings.

Sign reading 'Council for Insurance Ombudsmen' on a marble wall, third-floor designation in multiple languages.

IRDAI tells insurers to speed up responses to Ombudsman complaints

July 27 2026

Delayed and piecemeal submissions by insurers have been slowing Ombudsman investigations, the regulator said.

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Hong Kong government to handle Wang Fuk Court fire insurance claims after buyout

July 27 2026

The move comes as residents press for greater transparency over the estate's condition and the handling of compensation following last year's fire.

Busy multi-lane highway with cars in both directions; foreground shows a dark sedan beside a metal guard rail and tall streetlights, green Korean road signs ahead.

South Korean motor insurers post first H1 loss since 2020 – Reports

July 27 2026

Claims leakage from minor-injury treatment and higher repair costs are adding pressure ahead of a seasonally weaker second half.

Modern office complex exterior with glass facade and a prominent 'Prudent Financial' sign in blue.

Prudential Japan resolves 437 of 498 sales misconduct claims

July 27 2026

The insurer has also reviewed 365 additional complaints across Prudential Life and Gibraltar Life since January, with 125 cases qualifying for reimbursement.

SBI Life posts 29% VNB growth in Q1 amid rising claims and costs

July 27 2026

Protection and non-participating products played a bigger role in new business generation for SBI Life in the first quarter of India's financial year.

Abstract microphone icon at center with a neon circular ring and multicolored flowing waves, representing audio recording or voice tech.

IAG partners with OpenAI to develop voice agent technology for claims

July 27 2026

The partnership targets one of insurers' most pressure-tested functions: claims handling during natural catastrophes

Bain eyes first India general insurance bet with IndusInd — Report

July 27 2026

The PE firm is understood to be close to investing up to US$519.5m for a 25% stake.

BNP Paribas Cardif to re-enter India insurance market with IndiaFirst Life stake

July 27 2026

The deal will make BNP Paribas Cardif the second-largest shareholder in IndiaFirst Life and marks the French insurer's return to India's life market.

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