Non-life

medibank-being-sued-by-privacy-watchdog-over-2022-data-breach

Regulator blames Medibank cyberattack on lack of multi-factor authentication

June 20 2024

In a court filing, the OAIC alleges that the health insurer's lack of MFA enabled hacker to exfiltrate 520 gigabytes of data.

japanese-insurers-finding-balance-between-esg-investor-pressure-and-policyholder-interests-fitch

Japanese insurers balancing ESG pressures: Fitch

June 20 2024

ESG efforts catching up with overseas peers, but scrutiny remains because of country's renewable energy dilemma.

zurich-malaysia-partners-with-gentari-to-support-growth-of-ev-infrastructure

Zurich Malaysia partners with Gentari to support EV growth

June 20 2024

Zurich teams up with clean energy solutions provider to expand EV charging infrastructure and offer value-added services for EV users.

ZA Tech rebrands as Peak3 following completion of US$35m Series A round

June 20 2024

Funding will support Singapore-headquartered insurtech's expansion, as well as investments in data and AI.

QBE to exit North American mid-market segment

June 19 2024

Insurer to exit segment following several years of performance challenges.

NFRA chief urges China's insurance industry to innovate and expand

June 19 2024

Speaking at the 15th Lujiazui Forum, Li Yunze emphasised the key role insurance will play in China's modernisation efforts.

Marsh launches Centre for Climate Adaptation and Resilience Excellence in Singapore

June 19 2024

New centre will offer data, expertise, and insurance to help businesses adapt to climate change.

globaldata-forecasts-9-5-annual-growth-for-philippines-gi-market-through-2028

Philippines' GI market to grow 9.5% annually through 2028, forecasts GlobalData

June 19 2024

Construction activity, rising vehicle sales, and increasing nat cat losses among key growth drivers.

zurich-completes-majority-stake-acquisition-of-kotak-general-insurance

Zurich completes 70% stake acquisition of Kotak General Insurance for US$670m

June 19 2024

"India's insurance market offers immense potential, and together with Kotak, we are committed to supporting its growth and development," says Zurich APAC CEO Tulsi Naidu.

QBE promotes Jeremy Lau to Chief Underwriting Officer for Asia

June 19 2024

Lau has been with QBE Asia since 2016 and has been serving as Chief Actuary.

joleene-dawson-appointed-group-head-of-underwriting

Delta appoints Joleene Dawson as Group Head of Underwriting

June 19 2024

Dawson joins after 14 years with Chubb.

Japan's major non-life insurers report profit surge for FY2024

June 19 2024

Profits double, while net premiums rise, driven by strong overseas performance and yen depreciation.

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