Non-life

south-korea-identifies-krw1-15-trillion-in-insurance-fraud-cases-in-2024

South Korea identifies US$790m in insurance fraud cases in 2024

March 11 2025

The FSS plans stricter oversight, awareness campaigns, and collaboration with authorities to combat evolving fraud schemes.

japan-pampi-club-announces-personnel-changes-in-underwriting-branch-management-teams

Japan P&I Club announces personnel changes in underwriting, branch management teams

March 10 2025

The Japan P&I Club's leadership changes takes effect on April 1 and July 1

cyclone-alfred-downgraded-before-making-landfall

Insurers receive over 9,000 claims following ex-Tropical Cyclone Alfred

March 10 2025

Number of recorded claims rises sharply since Sunday with 90% of claims so far from Queensland.

ping-an-hong-kong-adds-collinsons-smartdelay-to-travel-insurance

Ping An Hong Kong partners with Collinson on SmartDelay parametric travel delay insurance

March 10 2025

The insurer expands parametric travel coverage with automated lounge access and flight disruption compensation.

The Bybit Hack: A digital asset insurance perspective and lessons learned

March 10 2025

Helen Ye, CEO at Qubit

Indian insurers seek IRDAI extension for Bima-ASBA implementation: Report

March 10 2025

Tight regulatory deadline posed challenges for insurers to integrate digital premium payment facility.

chinese-regulators-issue-plan-to-advance-green-finance-in-insurance

Chinese regulators urge insurers to focus on green products and investments

March 10 2025

New plan from NFRA and PBOC calls for insurers to support green transition, invest in green assets, and improve climate-risk assesments.

Insurance Council of Australia declares Cyclone Alfred an insurance catastrophe

March 9 2025

Insurers have received 3000 claims with "many more thousands" expected.

Cyclone Alfred downgraded before making landfall

March 8 2025

Wind damage minimal but heavy rain, severe flood threats remain.

huatai-p-and-c-cor-improved-to-94-7-in-9m-2024-fitch

Huatai P&C's COR improved to 94.7% in 9M 2024: Fitch

March 7 2025

Improved underwriting discipline and actuarial support from parent Chubb underpin Huatai P&C's ratings affirmation.

Severe flooding hits Jakarta, recovery efforts underway

March 7 2025

Jakarta’s City Council has urged a broader recovery strategy, including long-term support for housing, education, and economic recovery for affected families.

sme-cyber-insurance-limit-concentration-highlights-systemic-risk-for-segment-am-best

SMEs' outsized share of cyber limits fuel systemic risk concerns

March 7 2025

AM Best survey highlights need for standardised cyber risk assessment and better catastrophe modelling.

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