Non-life

Envest set to acquire major stake in NZ underwriter Ando Insurance

January 2 2025

The acquisition of one of New Zealand’s largest MGAs will expand Envest’s NZ footprint.

singapores-personal-accident-and-health-insurance-industry-set-to-surpass-8b-by-2029-globaldata

Singapore’s personal A&H industry set to hit US$8.6b by 2029: GlobalData

January 2 2025

The sector is expected to grow at a rate of 6.6% annually.

Hong Kong lists US$35m China, US Nat Cat ILS

January 2 2025

Taiping Re's Silk Road special purpose insurer covers US and China cat risks over three years.

Thai GI industry to reach GWP of approximately US$8.5bn in 2025: GIA

January 2 2025

Thai General Insurance Association forecasts GWP growth of up to 2.5% in 2025 despite challenges from economic headwinds.

jeju-air-crash-may-lead-to-insurance-loss-of-up-to-us180m

Insurance claims from Jeju Air crash estimated between US$135m and US$200m

January 2 2025

Samsung Fire & Marine the lead insurer, with early claims estimate up to US$200m across passenger liability and hull.

Healthcare workers in scrubs beside a modern hospital building, with a stylized city skyline and mountains in the background.

Rebuilding APAC's healthcare insurance model

January 1 2025

As healthcare affordability reaches a crisis point, APAC markets are exploring more sustainable healthcare insurance ecosystems.

2024: The year in review

December 31 2024

Cyber, renewable energy and aviation / marine are just some of the areas that stood out this year.

Doha Insurance Group opens branch in India

December 31 2024

Qatari (re)insurer Doha Insurance Group receives approval to establish branch in India’s GIFT City, expanding its international presence.

Swiss Re elevates Aisyah Fuad to Market Head Southeast Asia (South)

December 31 2024

Fuad has been with the reinsurer since 2011.

allianz-income-still-in-talks-but-no-guarantee-acquisition-deal-will-take-place

S&P withdraws 'CreditWatch negative' from Income following Allianz deal withdrawal

December 30 2024

The ratings agency affirmed Income Insurance's ‘AA-’ rating with stable outlook after Allianz's failed acquisition bid, citing continued Singapore government support.

Insurers in Singapore reassure policyholders amid NRIC security concerns

December 24 2024

However industry is reviewing the use of National Registration Identity Card numbers and some processes may change as a result.

NatCat - 2023 Australias Christmas Storms

PERILS pegs final loss estimate for Australia's Christmas storms at AU$1.61bn

December 24 2024

Estimated industry losses of AU$1.606bn (US$1.01bn) increase slightly from third estimate of AU$1.563bn (US$960m) in July.

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