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Malaysian MP urges Bank Negara Malaysia to investigate health insurance premium hikes

November 28 2024

Health insurance premiums in Malaysia have reportedly increased by up to 70%.

Fitch affirms Taikang Life's IFS at 'A', withdraws ratings for commercial reasons

November 27 2024

Affirmation reflects Taikang Group's strong solvency buffer, stable profitability, and extensive market presence, despite elevated exposure to risky assets.

Suncorp launches Disaster Management Centre in Brisbane

November 27 2024

The new centre uses technology and collaborative insights in efforts to enhance disaster preparedness and customer support across Australia and New Zealand.

miller-singapore-hires-konatsu-watanabe-as-broker

Konatsu Watanabe moves to Miller

November 27 2024

Watanabe moves from UIB Asia Reinsurance Brokers to join Miller's P&C team.

India planning to amend insurance laws to allow composite licences and 100 FDI - report

India looking to amend insurance laws to allow composite licences and 100% FDI - report

November 27 2024

Current parliamentary session may bring about key rule changes to insurance sector.

OAK Re's Syndicate 2843 to start underwriting from January

November 27 2024

Syndicate receives Lloyd's approval and will launch in 2025 with backing from Bain Capital and Hampden Agencies.

apac-p-and-c-growth-struggles-to-keep-pace-with-gdp-and-global-peers

APAC P&C growth struggles to keep pace with GDP and global peers

November 27 2024

McKinsey reports that rate-driven growth in APAC's P&C market is failing to capture new risks.

South Korea's insurance sector sees 13.2% rise in net income for 9M 2024

November 27 2024

Premiums increased 4.8% according to preliminary data from the FSS, but regulator notes concerns over global market uncertainties and potential losses from real estate project financing.