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Sunday, October 4, 2026
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New India Assurance to launch parametric insurance product in May: Reports
May 22 2025
State-run insurer is set to roll out a climate risk parametric insurance product for retail and business clients this month.
KDB Life at risk of 'troubled firm' status after capital adequacy decline
May 22 2025
The insurer cites IFRS 17 and lower discount rates as reasons for its capital drop, but says it can still meet policyholder obligations.
NSW hit by record floods as 'one-in-500-year' event leaves 50,000 stranded
May 21 2025
The Insurance Council of Australia has declared the flooding a significant event.
Ping An P&C launches global version of disaster risk platform EagleX
May 21 2025
Platform uses AI and remote sensing data to help manage natural catastrophe risks.
AXA XL promotes Tavpraneet Singh to Chief Underwriting Officer for International Financial Lines, APAC & Europe
May 21 2025
He has been with the business for 15 years, most recently serving as Regional Product Leader.
MSIG Singapore names Jerry Pai as Senior Vice President and Head of Corporate Distribution
May 21 2025
Pai moves from St James’s Place to take on the new role.
Canopius appoints Mark Butterworth as Underwriter, Professional Lines in Melbourne
May 21 2025
He is tasked with growing the firm’s D&O and PI insurance portfolio from Melbourne.
Willis hires Leah Mooney as Pacific Consulting Leader for Technology, Cyber, and Privacy Risk
May 21 2025
She joins from KPMG to take on the new role.
Hannover Re appoints Vincent Hermenier as Managing Director
May 21 2025
He has been with the business for two decades and will oversee a wide range of markets, including in Asia.
Geneva Association urges major resilience reforms to keep home insurance afloat in markets like China and Australia
May 21 2025
Association is calling for urgent resilience investments and structural reforms to prevent home insurance markets collapsing under the weight of climate-driven losses.
CCI approves Bajaj’s acquisition of Allianz stakes in insurance joint ventures
May 21 2025
This move, first agreed in March, will increase Bajaj Group’s ownership in the JV's from 74% to 100%.
Australia's Cyclone Reinsurance Pool logs 9399 claims to Dec 2024
May 21 2025
Most claims under the cyclone pool stemmed from Tropical Cyclones Jasper and Kirrily up until 31 December 2024.
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