Non-life

Malaysian motor insurance to top US$3bn GWP by 2028: GlobalData

July 27 2024

7.5% compound annual growth over next five years to be driven by vehicle sales, regulatory changes, and inflation.

China Re's portfolio overhaul and T&C review expected to ease underwriting pressure: S&P

July 27 2024

Group's ratings remain stable amid underwriting volatility, life expansion, and capital market challenges.

allianz-commercial-names-karlis-trops-head-of-cyber-amp-tech-pi-asia

Allianz Commercial names Karlis Trops Head of Cyber & Tech PI, Asia

July 26 2024

Trops joins after four years with AIG Singapore.

Australia and California forge insurance partnership amid rising climate risks

July 26 2024

Insurance Council of Australia and California Department of Insurance (CDI) commit to partnership to build a shared view of growing risks and solutions.

MSI China expected to grow but may see thinner underwriting profits due to liability lines: S&P

July 26 2024

S&P affirms Mitsui Sumitomo Insurance China's ratings, expecting insurer to enhance synergies and interactions with sister companies.

kane-sim-promoted-to-chief-client-officer-for-private-equity-mampa-for-marsh-pacific

Marsh Pacific elevates Kane Sim to Chief Client Officer for Private Equity M&A

July 26 2024

Sim promoted after three years as Marsh's Head of Transactional Risk for the Pacific.

ardonaghs-bid-to-acquire-psc-is-apacs-largest-insurance-mampa-deal-in-q2

Ardonagh's bid to acquire PSC is APAC's largest Q2 insurance M&A deal

July 26 2024

ANZ dominates M&A activity in Q2, highlighted by AU$2.26bn (US$1.49bn) acquisition of Australia's PSC Insurance.

CyberCube estimates CrowdStrike cyber insurance losses at between US$400m and US$1.5bn

July 26 2024

Event could be the most significant single insured loss in 20-year cyber insurance history, but does not match extreme scenarios modelled by insurers, says CyberCube.