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Non-life
Rintarn Tantikunakornrat joins Sompo Thailand as Chief Human Resources Officer
February 24 2025
Tantikunakornrat previously worked at DLA Piper Thailand, serving as its Head of Human Resources.
Indian insurers weigh 10%-15% health premium hike amid rising pollution-linked claims: Report
February 24 2025
Proposal is reported to be under review and pending approval from IRDAI.
Munich Re names Hanh Nguyen as Head of Treaty P&C underwriting for South-East Asia and India
February 24 2025
Nguyen to succeed Joachim Zagrosek who is moving to Munich to lead P&C Treaty Underwriting for Germany.
Willis promotes Joule Howard to Lead Broker for Facultative, Asia
February 24 2025
Howard has been serving as Head of Pacific Property for Asia since 2023.
P&I clubs hike premiums for sixth straight year amid surging claims
February 24 2025
Despite record-high free reserves, The majority of International Group P&I clubs increased rates between 4% to 7.5% in the Feb renewals.
ARPC finalises 2025 terrorism retrocession programme
February 21 2025
Renewal includes a smaller limit and a higher deductible.
APAC motor insurance market to top US$300bn by 2029, GlobalData forecasts
February 21 2025
China, Japan, Australia, South Korea, and India to be key drivers of growth in the region.
QBE reports US$22.4bn GWP in 2024, up 3%
February 21 2025
The insurer's GWP grew despite portfolio exits and lower crop premiums.
Malaysian PAC to hold closed-door proceedings on rising insurance premiums, private healthcare costs
February 21 2025
The proceedings follow recent public outcry over surging prices and their impact on access to medical services.
IRDAI mandates implementation of Unified Payments Interface system for premium processing
February 21 2025
Indian regulator has instruction all insurers to implement Bima-ASBA, a UPI-enabled system, by 1 March.
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