Business type

Russia pitches BRICS-wide insurance mechanism to counter Western sanctions

Putin proposes BRICS reinsurance mechanism at India summit

September 14 2026

The proposal comes as Western sanctions continue to restrict insurance for Russian crude shipments and other energy-related risks.

Solomon Islands receives US$250,000 PCRIC payout after excess rainfall trigger

PCRIC releases US$250,000 parametric payout to Solomon Islands after rainfall trigger

September 14 2026

The payment was triggered by early-August rainfall affecting Malaita and Makira-Ulawa.

HDI Global SE Singapore is delighted to welcome three new talents!

HDI Global expands Singapore underwriting capabilities with three appointments

September 14 2026

The hires add underwriting and operational expertise to HDI Global's international programmes and political and credit risk portfolios in Singapore.

Willis appoints Will Sare as head of corporate, Australia

September 14 2026

He joined the company in 2025 as head of sales for the Pacific.

Sharon Ho joins Starr to lead Hong Kong accident & health push

Starr taps Sharon Ho as head of accident & health for Hong Kong

September 14 2026

The insurer has handed her a remit centred on building its travel book across multiple distribution channels.

South Korea's non-life premium growth accelerates to 11.8% in Q2

September 14 2026

Premium growth accelerated from Q1 as long-term business expanded 14.1%, while general insurance grew at a moderate pace led by motor.

Hong Kong insurance business receipts index rises 60.7% YoY in Q2

Hong Kong insurance business receipts index rises 60.7% in Q2

September 14 2026

The insurance business receipts index edged higher to 334.9 in the second quarter, up from 317.1 in the previous three months.

South Korea to require insurers to disclose actuarial assumption reports under IFRS 17

September 14 2026

The authorities are also expanding oversight of insurers' sales outsourcing to general agencies and interest-rate risk management.

Fire kills 25 on London P&I-entered bulker Ocean Melody at Qingdao yard

September 12 2026

Chinese authorities have not disclosed what started the blaze, which broke out during repair work at a CSSC-controlled yard.

Fitch Affirms Australia's Helia Insurance at 'A'; Outlook Negative

Market share falls to 30% but Helia keeps ING as Fitch affirms 'A' rating

September 12 2026

The Commonwealth Bank mandate that ended in January carried 44% of last year's premium, but Helia has held on to a lender contract it expected to lose.

Maybank gains full ownership of Etiqa after US$1.2bn Ageas buyout

September 11 2026

The deal will enable the bank to expand regional wealth propositions and deliver integrated and personalised solutions.

Singapore's GIC discloses 5% stake in Samsung Fire & Marine

September 11 2026

The holding crossed the disclosure threshold on 3 September and is worth about KRW1.47trn (US$1.1bn).

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