Non-life

japans-insurance-industry-to-top-us400bn-in-2029-globaldata

APAC cedents capitalise on softening market at April renewals

April 7 2025

Carriers secured favourable reinsurance terms amid strong competition and abundant capital, though rising catastrophe losses could limit future rate reductions.

NASDAQ-listed XChange TEC.INC acquires Hong Kong insurance brokerage

April 7 2025

Business says it aims to use Hong Kong as a gateway for growth in Asia Pacific.

lic-rejects-ustrs-claims-of-uneven-playing-find-in-indias-insurance-industry

LIC rejects USTR's claims of uneven playing field in India's insurance industry

April 7 2025

The USTR report says government (re)insurers have an unfair market advantage.

willis-increases-cyber-facility-capacity-to-us115m-via-lloyds-syndicatesgoodbad

Willis lifts cyber facility capacity to US$115m

April 5 2025

The CyXS facility now offers a US$115m limit via Lloyd's syndicates and US$40m outside the Lloyd's market.

iags-wfi-insurance-donates-us250000-to-aid-western-queensland-flood-relief

WFI Insurance donates A$250,000 to aid Western Queensland flood relief

April 5 2025

IAG subsidiary supports Rural Aid's efforts to deliver immediate assistance to flood-stricken farming communities.

aa-insurance-new-zealand-fined-nz6-175m-due-to-discount-failures

IAG NZ faces FMA civil action over systemic pricing and discount failures

April 4 2025

The regulator alleges IAG breached fair dealing provisions under the FMCA, resulting in overcharges of around NZ$35m (US$20m).

Insurtech Novidea appoints Oren Leshem as VP of Sales for APAC and MENA

April 4 2025

Leshem expands remit, with Novidea eyeing growth across the regions.

cmb-wing-lung-insurance-maintains-strong-performance-with-high-single-digit-roe-in-2024-am-best

CMB Wing Lung Insurance maintains strong performance, targets marine growth: AM Best

April 4 2025

Rating agency maintains insurer's financial strength rating at A (Excellent).

QBE and Leading Cities launch 2025 Resilience Challenge

April 4 2025

The programme offers a US$100,000 grant for a city-based pilot project by a selected start-up.

axa-working-to-develop-sustainability-linked-insurance-product-to-incentivise-climate-resilience

AXA, Marsh pilot sustainability-linked insurance product to incentivise climate resilience

April 4 2025

New white paper from AXA, Marsh, and Link AM urges more climate resilience and climate mitigation in underwriting models.

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