Non-life

fitch-affirms-lloyds-and-lloyds-china-ifs-rating-at-aa-despite-2022-loss-and-environmental-exposure

Fitch affirms Lloyd’s and Lloyd's China IFS rating at 'AA-' despite US$1bn loss and Nat Cat exposure

June 15 2023

The (re)insurance marketplace recorded a 91.9% combined ratio in 2022 but was hit by valuation losses in its bond portfolio.

Chubb launches Cyber Central platform for brokers and agents

June 15 2023

Cyber Central helps simplify the quote process for cyber, technology E&O, and miscellaneous professional liability.

india-to-require-all-insurance-policy-holders-to-create-health-id-number

India to require all insurance policyholders to have associated health ID number

June 15 2023

All policy buyers and holders will need an ABHA ID number which the regulator says will improve transparency, increase trust, and reduce fraud.

customer-data-likely-stolen-as-a-cyber-attack-hits-two-prudential-companies-in-malaysia-1

Customer data likely stolen as global cyber attack hits two Prudential companies in Malaysia

June 14 2023

The attack was part of the global MOVEit data-theft attack and is likely to have led to the theft of agent and customer data.

IRDAI: Some insurance entities are failing to adhere to cyber incident guidelines

June 14 2023

The Indian regulator issued a circular to make it clear that all insurance entities need to abide by its cyber incident protocol.

Insurance Council of Australia praises AU$800m Northern Rivers home buyback

June 14 2023

The buybacks are occurring in areas most at risk of life-threatening floods and as part of the Resilience Home Program.

Report: Zurich looks to strengthen presence in South Asia with US$400m investment on India's Kotak General Insurance

June 14 2023

Advanced discussions are underway for Zurich to acquire up to 51% ownership, though Uday Kotak prefers to maintain control.

howden-helps-broker-insurance-deal-to-mitigate-one-of-the-largest-ever-environmental-disasters

Howden brokers (re)insurance deal to help avert environmental marine disaster

June 14 2023

Specialty (re)insurance coverage, involving 13 underwriters, has enabled a salvage operation for The FSO Safer which holds 1.14 million barrels of light crude and has been deteriorating since 2015.

ASIC launches cyber survey to measure corporate cyber resilience

June 14 2023

ASIC has launched the survey to measure cyber resilience within the corporate and financial sectors, in light of increasing high-profile cyber attacks.

digital-insurer-yas-teams-up-with-bike-maker-polygon-on-embedded-solution

Microinsurer YAS teams up with Bike maker Polygon on embedded solution

June 14 2023

Customers who purchase a Polygon bike in Malaysia will automatically receive a bike insurance policy underwritten by Etiqa General Insurance Berhad.

Ping An's Jessica Tan: ESG reporting should be audited and transparent

June 13 2023

The Group's Co-CEO spoke about ESG on a recent podcast of the United Nations Environment Programme Finance Initiative.

zurich-nab-paterson-from-nib-for-chief-claims-officer-role

Zurich nab Paterson from nib for newly created Chief Claims Officer role

June 13 2023

Paterson was Group Chief Operations Officer at nib and will be be responsible for Zurich's claims teams across Life, Group Life and General Insurance.

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