GIC Re and New India Assurance are said to be leading the formation of a US$100m marine war-risk pool to cover vessels on high-risk routes in and around the Persian Gulf.
APAC insurers are well positioned to absorb Middle East-related stresses, but insurers in Singapore stand out owing to their position as a major shipping and insurance hub.
Queensland hospital data show e-mobility injury presentations rose more than 45% from 2023 to 2025, as the ICA flagged enforcement and the proposed 10km/h shared-path limit.
Starr Insurance has named Vichai Laotrakul as chief executive officer of its Thailand operations, the business announced on LinkedIn on Monday.
Laotrakul brings more than 20 years of underwriting experience...
Four consecutive years of W&I rate declines in Asia-Pacific have coincided with rising claims notifications and MGA exits, as competition among insurers and agents intensifies.
Insurers brace for complex multi-event claims as Vaianu cuts power to 5,000 homes and forces coastal evacuations across Northland, Waikato and Hawke's Bay.
Accelerating medical cost inflation, strained combined ratios, and rising protection gap demands urgent joint action from governments, regulators and insurers.
