Non-life

arte-generali-to-provide-eur-250-m-capacity-for-hk-art-collectors

Generali to provide €250 million in capacity for Hong Kong’s art collectors

May 23 2024

ARTE Generali will bring "significant" capacity to Hong Kong, placing Italian insurer in the top quartile for the market, CEO Jean Gazançon tells (Re)in Asia.

Indian Premier League insurance claims surge due to rain and injuries - report

May 23 2024

Insurers facing claims up to 1.5bn rupees (US$18m) for cricket tournament, with largest spike in five years likely to lead to rate hikes next year.

Diot-Siaci to acquire majority stake in Indian speciality (re)insurance broker Unilight

May 22 2024

French broker to strengthen position in Asia through stake acquisition.

AUB Group to acquire 70% stake in financial lines MGA for AU$105m

May 22 2024

AUB to acquire 70% stake in Pacific Indemnity for AU$105m (US$70m).

SBI General forms non-life bancassurance partnership with Jana Small Finance Bank

May 22 2024

Partnership will provide bank's individual and commercial clients with access to a wide range of general insurance products.

the-philippines-non-life-segment-reports-7-76-increase-in-gwp-in-q1

Philippines' non-life segment sees 7.76% GWP increase in Q1

May 22 2024

GWP rises to PHP 28.2bn (US$485m), with motor and fire lines providing key contributions.

high-performing-insurance-intermediaries-thrive-through-efficiency-and-tech-investments

High performing intermediaries excel through efficiency and investments in tech

May 22 2024

Australia's high performing insurance intermediaries record higher GWP's, while maintaining lower headcount and considerably fewer clients, according to data from Macquarie Bank.

IAG launches cyber MGA, Cylo

May 22 2024

Cylo provides cover for Australian businesses with revenues up to AU$10m and is backed by IAG subsidiary, CGU.

Income Insurance exploring partnership and stake sale options - report

May 22 2024

Singaporean insurer is reportedly considering options to help fuel expansion in Asia Pacific.

temasek-and-warburg-pincus-to-acquire-specialty-broker-srg

Temasek and Warburg Pincus partner to acquire specialty brokerage group SRG

May 21 2024

Deal reportedly values Specialist Risk Group at more than £1bn (US$1.27bn) including debt, with acquisition expected to support international expansion, including in Asia.

ICA appoints Andrew Gill to lead new counter fraud and scams function

May 21 2024

ICA launches new counter fraud function aiming to tackle undetected fraud which is estimated to cost the insurance industry around AU$400m a year.

GIAJ reports over US$600m in insurance losses from 2023 windstorm events

May 21 2024

General Insurance Association reports 58,695 claims amounting to ¥95.43bn (US$610.75m) paid for separate June and July 2023 windstorm events.

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