Non-life

Photo of toy figure in suits inspecting computer board.

Medibank coy on findings of cyber attack

April 28 2023

Deloitte has been conducting a review of Medibank's systems - the findings are understandably opaque

Photo of oil tanker with blue and red colours in ocean.

Marine Insurers nervous over spike in spot price for Russian oil

April 28 2023

Insurers are vulnerable due to mix of Russian oil exceeding $60 price cap and false shipping documentation

Photo of house and cars flooded in Australia.

PERILS updates loss estimate for October Southeast Australian floods to AU$907 million

April 28 2023

Personal property lines comprise 65% of the loss, followed by commercial property (25%) and then motor (10%).

Ping An achieves 48.9% rise in Q1 net profit

April 28 2023

Ping An Life saw 8.8% growth and the P&C business experienced a 7.1% rise

Asia leads the way as Chubb sees record-breaking Q1

April 27 2023

Chubb set new records for core operating and investment income - with Asia providing significant contributions across P&C and Life

Reliance General becomes first Indian insurer to accept RBI's e-Rupee for premium payments

April 27 2023

India's central bank digital currency (CBDC) is still in pilot stage

AXA XL promotes from within to fill position of Cyber APAC & Europe Leader

April 27 2023

Carlos Rodriguez Sanz has worked at AXA XL for nearly 3 years and was previously the Cyber Product Manager for APAC & Europe

Igloo and Circle K partner to expand insurance accessibility in Southeast Asia

April 27 2023

For the first time in Asia, convenience stores will sell non-life insurance - beginning with motor insurance in Vietnam

Photo of moving van with boxes outside a house.

ASIC cancels Assurance Cover Australia’s AFS licence

April 27 2023

The licence was cancelled due to the transport insurer's failure to maintain professional indemnity insurance

Photo of Japan CBD with Mount Fuji in the background.

Key takeaways: Moody's provides Stable Outlook for Japan's P&C sector

April 27 2023

Despite risks - posed by climate change and the global economy - a stable outlook is expected thanks to strong capitalisation and improving combined ratios

Sompo to align domestic and international strategy

April 26 2023

The new approach is a marked shift in direction following large international acquisitions over the last five years

Meritz Group completes incorporation of Meritz Fire & Marine Insurance, becomes third largest financial conglomerate in Korea

April 26 2023

The group made the move to address conflicts of interest, increase flexibility, and improve capital efficiency

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