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APAC nat cat risks remain high despite low H1 losses – Munich Re

July 30 2026

Regional losses of US$8.7bn in H1 came in at about a quarter of the 10-year average, but the reinsurer says strengthening El Niño conditions leave Japan, Korea, Greater China and Australia exposed through...

Front of Bank Negara Malaysia building with a row of international flags and palm trees on either side.

BNM fines Pacific Insurance over 16-month CEO vacancy

July 30 2026

The insurer's CEO post was vacant since November 2024 until Florence Chang took office in March.

Red stamp impression reading 'ACQUISITION' on white paper beside a wooden-handled rubber stamp.

Patanjali, DS Group secure IRDAI nod for US$470m Magma General Insurance takeover

July 30 2026

Patanjali is set to acquire a 73.56% stake in the insurer, while DS Group will hold 24.50%.

Cyclist wearing a hat rides along a sunny street past a collapsed wooden building with rubble on the right .

Early estimate puts Kumamoto quake insured losses at US$3bn-4.5bn, ILS impact likely limited

July 30 2026

Fund managers, brokers expect the loss to land below the 2016 Kumamoto earthquake, though aftershocks could still shift the picture.

Bank of Baroda files notice of loss with lead cyber insurer National Insurance — report

July 30 2026

The Indian lender's programme reportedly carries aggregate cover of about ₹7.5bn (US$78.4m), though sources say the loss limit applying to this incident is closer to ₹3bn.

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Go Digit General secures competition authority nod for holding company merger

July 30 2026

The insurer will remain the surviving entity following the merger.

Wooden letter blocks spelling RISK sit on scattered US $100 bills, illustrating financial risk

Policybazaar offers US dollar-denominated term insurance for NRIs via GIFT City

July 30 2026

The product is designed to reduce currency depreciation risks for overseas Indians.

Busy airport check-in area with a large electronic flight information board above and crowds queuing at counters, Taiwan Taoyuan International Airport signage visible.

Cathay Life adds Collinson's parametric flight delay cover in Taiwan

July 29 2026

The deal follows SmartDelay tie-ups with Ping An Hong Kong and Sompo in Singapore, China and Malaysia.

Merlion statue spouting water with Marina Bay skyline and blue sky in Singapore.

Consilium receives Singapore broking licence from MAS

July 29 2026

The broker has also appointed Ben Compton as associate partner in the Singapore team.

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Indian insurers await motor TP rate revision after four-year freeze

July 29 2026

IRDAI's chairman said any revision will likely follow claims experience and loss ratios by vehicle segment, rather than an across-the-board hike.

Seismograph-like waveform on a grid with a red bullseye target at the center of concentric circles overlapping the signal, right around the origin.

Japan issues tsunami warning after 7.1 quake; twin tremors hit western China

July 28 2026

Powerful tremors struck Japan's Kumamoto prefecture, while twin earthquakes measuring 5.7 and 5.8 hit China's Qinghai province.

Two men in dark suits with yellow ties stand in front of a Sun Life Private Wealth backdrop with slogan, posing for a photo at a formal event.

"Client globality": Sun Life rewires HNW business into single global platform

July 28 2026

Sun Life Private Wealth links Bermuda, Hong Kong, Singapore and Dubai into one platform as Asia's wealthy spread assets across jurisdictions.

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