Non-life

AUB Group acquires 40% stake in UK-based Momentum Broker Solutions

June 11 2024

AUB to invest in Authorised Representative network to expand UK Retail broking footprint.

guy-carpenter-launches-capital-and-advisory-group-appoints-alexander-schnieders-as-global-head

Guy Carpenter launches Capital & Advisory Group, appoints Alexander Schnieders as Global Head

June 11 2024

New global group to focus on capital raising, M&A advisory, and market capacity creation.

AM Best upgrades global reinsurance outlook

June 10 2024

Sustained profit margins, underwriting discipline, and strong capitalisation drive AM Best's outlook upgrade to 'Positive'.

Miller expands specialty offerings in Japan with appointment of Tokinori Kono

June 10 2024

Kono joins as Head of Non-Marine Broking, marking Miller's expansion into non-marine insurance lines in Japan.

Bolttech Insurance's ratings upheld as insurance service result improves in 2023

June 10 2024

Fitch Ratings maintains Hong Kong insuer's 'BBB+' IFS Rating with a stable outlook.

government-and-insurtechs-drive-solutions-for-indian-agriculture-insurance

Government and insurtechs help to propel Indian agriculture insurance solutions

June 10 2024

Experts at ICT Asia highlight India's initiatives to enhance agricultural insurance through AI-driven data solutions.

Bima Sugam, India's electronic marketplace, set for April 2025 launch - reports

June 8 2024

First phase set to launch April, according to comments from IRDAI Chairman Debasish Panda.

Two Philippine non-life insurers placed under conservatorship - report

June 7 2024

Insurance Commission reportedly take control of Premier Life and Trisco due to legal non-compliance.

mitsui-sumitomo-insurance-and-affiliates-ratings-affirmed-strategic-initiatives-expected-to-boost-underwriting

Mitsui Sumitomo Insurance and affiliates' ratings affirmed with strategic initiatives expected to boost underwriting

June 7 2024

Ratings for Mitsui Sumitomo Insurance and US operating companies; Aioi Nissay Dowa Insurance; and Aioi Nissay Dowa Insurance (China) all affirmed with a stable outlook.

AIA's Lee Yuan Siong becomes first Asia-based Chairman of The Geneva Association

June 7 2024

Lee, CEO of Hong Kong headquartered AIA, succeeds Swiss Re's Christian Mumenthaler.

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