Business type

India's Parliament approves bill allowing 100% foreign direct investment in insurance

December 18 2025

The new law will also grant broader enforcement powers to India’s insurance regulator.

Fewer breaches, rising complaints — Australia insurance code body's 2024-25 report

December 18 2025

The CGC sanctioned two insurers with A$130,000 Community Benefit Payment during the year, including AIG Australia Ltd (AIGAL), for systemic failures in claims and complaints handling, which affected hundreds...

chubb-sets-out-automation-drive-targeting-85-digitisation-of-core-processes

Chubb eyes 20% workforce reduction through automation of core functions

December 18 2025

The insurer is aiming to automate 85% of its major underwriting and claims processes across 70% of the business.

swiss-re-insured-nat-cat-losses-top-us100bn-for-sixth-consecutive-year

Insured nat cat losses top US$100bn for sixth consecutive year — Swiss Re

December 17 2025

The figure is 24% lower than the US$141bn recorded in 2024, but continues to sit well above long-term averages.

Xianwei_Lee_as_he_joins_us_today_as_Head_of_M2C_Asia

Howden appoints Xianwei Lee as head of M&A, Asia

December 17 2025

He joins from Aon, where he worked for over three years, most recently as head of M&A and transaction solutions, Asia.

South Korea's FSS slows discount rate rules to relieve solvency pressures for non-life insurers — AM Best

December 17 2025

The move to slow the cuts is a direct response to market conditions, according to AM Best.

QBE Malaysia appoints Denise Ng as country lead for marine

December 17 2025

She joins the business after nearly a decade with The Pacific Insurance.

India's lower house clears bill to raise insurance FDI cap to 100%

December 17 2025

The bill will now go to the upper house for approval before it becomes legislation.

SALT promotes Soumika Mata to Marine Underwriter

SALT Marine Risks promotes Soumika Mata to marine underwriter

December 17 2025

She had a nine-year stint at The New India Assurance Co. Ltd., where she last served as assistant manager.

sompo-hong-kong-appoints-clara-yip-as-head-of-marine-for-hong-kong-macau-and-taiwan

Sompo appoints Clara Yip as head of marine for Hong Kong, Macau, and Taiwan

December 17 2025

Business has also appointed Catherine Ho as senior marine underwriter in Hong Kong.

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