Non-life

Tonga officials receive a cheque from Bank South Pacific for drought relief funds.

PCRIC releases further payout to Tonga as drought conditions persist

August 6 2026

The US$34k payment will support drought preparedness in Ha'apai and Tongatapu under the country’s parametric cover, backed by GSSP.

AI and insurtech funding growth in 2023, featuring stacked coins and digital AI graphics.

Global insurtech funding hits four-year high of US$2.44bn in Q2 as AI dominates — Gallagher Re

August 6 2026

AI-labelled InsurTechs captured 99.1% of all funding, while early-stage investment dropped to a four-quarter low.

Swiss Re Corporate Solutions announces exclusive partnerships in India, Mexico

August 6 2026

The insurer has partnered with Bajaj General Insurance and GNP Seguros to serve multinational clients and local firms with international operations.

Markel hires Zurich's Audrey Pang as first Hong Kong claims specialist

August 6 2026

She reports to Asia claims head Bo Yu and will manage claims from Markel's Hong Kong and China portfolio, with a focus on professional and financial risks.

Modern cityscape with tall buildings near GIFT City, India, at sunset.

EarthRe secures IFSCA licence, becomes GIFT City's first incorporated reinsurer

August 6 2026

The technology-led start-up will underwrite natural catastrophe, climate, property, crop and specialty risk.

Hong Kong skyline with skyscrapers and Victoria Harbour, reflecting Asia's HNW insurance race.

Asia's HNW insurance race intensifies as insurers compete on scale, service and global reach

August 6 2026

As the region's wealthy population expands, insurers are investing in global HNW platforms and bigger underwriting limits while navigating emerging risks from premium financing and portfolio concentra...

Map of Assam with flood-affected areas highlighted, related to IRDAI flood claims directive.

IRDAI directs insurers to fast-track Assam flood claims

August 6 2026

The floods have affected over 650,000 people and 810 villages across the Indian state, as of 25 July.

Philippine city skyline with modern skyscrapers and high-rise buildings.

Philippine insurance chief suspended over consortium accreditation complaint

August 5 2026

The complaint centres on alleged preferential treatment in accrediting a third pool under the mandatory passenger accident insurance programme.

Data centre server racks at an industry event in APAC, showcasing climate risk protection technology.

Micro-location, design key to protecting APAC data centres from climate risks, says HDI

August 5 2026

The insurer outlined four priorities for improving data centre resilience against NatCat risks.

Traffic jam in India with cars and motorcycles on a busy road.

India Supreme Court extends third-party motor cover for new vehicles

August 5 2026

The Supreme Court dismissed industry concerns over higher costs, citing 165 million uninsured vehicles on Indian roads.

Bank Rakyat building in Malaysia with Malaysian flag, related to MNRB's Takaful sale.

MNRB to sell direct takaful arms to Bank Rakyat for US$400m

August 5 2026

Malaysian Re's parent will divest Takaful IKHLAS Family and Takaful IKHLAS General to the cooperative bank, and keep its retakaful business.

Australian dollar notes and calculator, related to superannuation and financial claims.

Australia's general insurance complaints rise 5% in 2025-26, life up 3%

August 5 2026

Motor insurance remained among Australia's most complained-about financial products, according to AFCA.

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