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Wednesday, August 26, 2026
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Life and Health
IRDAI directs insurers to fast-track Assam flood claims
August 6 2026
The floods have affected over 650,000 people and 810 villages across the Indian state, as of 25 July.
Tongyang Life to proceed with Woori share swap despite buyback threshold breach
August 5 2026
Shareholder appraisal claims reached KRW204.57bn (US$144m), slightly above the KRW200bn threshold that could have allowed the deal to be terminated.
ICICI Prudential Life faces US$564K GST demand after partial relief in FY2018-20 dispute
August 5 2026
The latest GST dispute adds to a string of tax orders issued to insurers in India in recent months.
Sun Life appoints Julian Yu as chief actuary in Vietnam
August 5 2026
Yu joins from Sun Life Hong Kong, where he served as chief product officer.
Philippine insurance chief suspended over consortium accreditation complaint
August 5 2026
The complaint centres on alleged preferential treatment in accrediting a third pool under the mandatory passenger accident insurance programme.
MNRB to sell direct takaful arms to Bank Rakyat for US$400m
August 5 2026
Malaysian Re's parent will divest Takaful IKHLAS Family and Takaful IKHLAS General to the cooperative bank, and keep its retakaful business.
WTW names Nicholas Tan and Daniel Teoh as Health & Benefits leaders in Singapore
August 4 2026
Tan joins from Lockton, where he served as VP of new business, while Teoh was previously regional analytics lead at Aon.
Sompo Life Re secures Bermuda licence, writes intra-group deal for first transaction
August 4 2026
Tetsuya Morito has been named CEO and executive director of the new reinsurer.
India to sell up to 6.5% stake in LIC through offer for sale
August 4 2026
The stake sale is aimed at helping LIC meet public shareholding requirements while raising at least ₹120.8bn through the base offer.
Health drives China non-life gains, but life fall tips May premiums into decline
August 4 2026
Total industry premium income fell 1.5% to CN¥457.83bn (US$67.6bn), the first annual decline of the year.
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