Non-life

nippon-life-to-acquire-resolution-life-for-us8-2bn-in-landmark-deal

Update: Nippon Life agrees to acquire Resolution Life in landmark deal

December 11 2024

Nissay agrees deal, believed to be valued at US$8.2bn, which represents the largest-ever acquisition by a Japanese insurer.

japan-p-and-i-club-implements-7-premium-hike-for-2025

Japan P&I Club implements 7% premium hike for 2025

December 10 2024

Club says it adjusted rates amid rising claims, reinsurance costs, and global risks.

Malaysia reviews medical insurance premium hikes

December 10 2024

Government says it is conducting a collaborative review and will target high medical costs and monopolies in the healthcare sector.

IAG to defend class action over NRMA insurance loyalty offers

December 10 2024

The recent class action lawsuit is the newest in a series of legal challenges filed against IAG’s insurance units.

meritz-fire-named-as-latest-preferred-bidder-for-mg-insurance-acquisition-reports

Meritz Fire selected as leading bidder for latest MG Insurance sale attempt - reports

December 10 2024

Acquisition marks the fifth attempt to secure a buyer for the firm amid financial and regulatory issues.

Berkley Insurance Australia promotes Adelle Timmins to newly created role

December 10 2024

Timmins has been with BIA for over 7 years and has been elevated to National Head of Public & Products Liability.

reinsurers-hunt-for-aamph-opportunities-in-southeast-asia

(Re)insurers hunt for accident and health opportunities in Southeast Asia

December 10 2024

There remains a vast protection gap in the region, but closing it is not easy.

china-announces-action-plan-to-boost-foreign-investment-into-pampc-market

China announces action plan to boost foreign investment into P&C market

December 10 2024

The regulator’s comprehensive action plan to modernise P&C insurance sector includes plans to boosting foreign investment and international cooperation.

Elizabeth McGonagle joins Miller as Head of Power for APAC

December 9 2024

McGonagle takes up new role after four years with Howden.

AXA, HK Express launch parametric flight delay insurance

December 9 2024

The parametric solution will trigger for flight delays over 90 minutes.

meritzs-long-term-business-posts-lowest-cor-among-peers-in-2023-am-best

Meritz's posts lowest long-term insurance COR among peers in 2023: AM Best

December 9 2024

AM Best affirms South Korean insurer's ratings, highlighting strong investment and low loss ratio.

charles-taylor-partners-up-with-new-zealands-carter-briggs-hurle-adjusting

Charles Taylor teams up with New Zealand's Carter Briggs Hurle Adjusting

December 9 2024

New partnership will help to expand Charles Taylor's Australasia presence.

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