Non-life

committee-flags-shortcomings-in-australias-cyclone-reinsurance-pool-calls-for-structural-reforms

Joint Select Committee urges changes to Cyclone Reinsurance Pool

March 28 2025

Recommendations include extension of 48-hour rule, enhanced resilience measures, and potential inclusion of marine insurance.

Mitsui Sumitomo agrees to purchase 15% of W.R. Berkley's stock

March 28 2025

Strategic alliance looks to leverage MSI's international reach, Berkley's speciality expertise.

insurance-industry-criticises-budget-for-overlooking-flood-resilience-measures

Budget missing 'much needed' disaster resilience measures: Insurance Council of Australia

March 28 2025

ICA says lack of new flood mitigation funding, failure to remove insurance taxes could worsen premium pressures.

SALT appoints Lee Maureen Santiago as Marine Underwriter

March 28 2025

She reports to Iain Sharples, who SALT promoted to head of marine underwriting this month.

Howden taps Iris Lee as Marine Divisional Director for Asia

March 28 2025

She joins after a year with Oneglobal Broking.

hong-kongs-insurance-authority-launches-campaign-to-educate-students-on-risk-management

Hong Kong Insurance Authority launches youth campaign to promote risk management

March 28 2025

The campaign helped educate tertiary students on insurance fundamentals and potential career paths.

Concern over environmental risks falls among Asia's directors and officers

March 28 2025

Three in four D&Os rank regulatory breaches as very or extremely important, while concerns about environmental pollution risk fall.

South Korea battles historic wildfire emergency

March 28 2025

Country facing its worst ever wildfire crisis, with over 20 fires causing 28 fatalities and displacing more than 37,000 residents since 21 March 2025.

ifsca-establishes-standing-committee-to-bolster-gift-ifscs-insurance-ambitions

IFSCA forms standing committee to boost insurance presence in India's GIFT City

March 28 2025

Panel includes former heads of major Indian insurers and senior execs from global reinsurance and consulting firms.

malaysia-takaful-association-unveils-new-strategic-framework

Malaysia’s takaful sector growing steadily amid regulatory shifts: Fitch

March 28 2025

General takaful grew 10.5%, mainly from motor coverage, while family takaful rose just 0.1%.

fitch-forecasts-gradual-moderation-in-helias-performance-amid-rising-delinquency-rates

Fitch Ratings revises Helia Insurance outlook to negative

March 27 2025

Business's largest customer is exploring new lender mortgage insurer provider options.

Australia Disaster Ready Fund application deadline extended following severe weather events

March 27 2025

This funding is part of the Australian Government’s five-year, A$1bn programme to strengthen disaster resilience.

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