Business type

Global H1 nat cat insurance losses second-highest on record: Munich Re

July 30 2025

Reinsurer estimates APAC’s three most costly natural catastrophes caused US$16.8bn in economic losses in the first half of the year.

sampp-sees-stable-profitability-for-korean-re-despite-growing-nat-cat-risks

Korean Re gets S&P ratings upgrade on stable profitability and growth outlook

July 30 2025

S&P cited Korean Re’s strong underwriting results and enhanced capital adequacy under K-IFRS 17 as contributing factors.

chubb-acquires-liberty-mutuals-thai-insurance-unit-for-us321m

Chubb reveals US$321m price tag for Liberty Mutual’s Thailand unit

July 29 2025

Latest Chubb filings reveal the price paid for LMG Insurance.

china-launches-new-system-to-report-medical-insurance-fraud

Severe floods sweep Northern China, killing dozens and displacing tens of thousands

July 29 2025

Record-breaking rainfall has forced urgent evacuations.

Mosaic launches cyber, FI crime cover for digital asset firms

July 29 2025

Global offering aims to address a major gap in the digital asset sector.

yf-life-bares-new-iul-product-to-target-high-net-worth-individuals-in-hk

YF Life launches Indexed Universal Life product

July 29 2025

Insurer's latest offering follows recent regulatory changes for investment-linked insurance products.

Stephen Abrokwah relocates Asia as Swiss Res Head of LH Japan

Stephen Abrokwah to relocate to Asia as Swiss Re's Head of L&H, Japan

July 29 2025

Abrokwah is moving with the reinsurer from the US to take up the new role.

everest-re-hires-sg-based-catherine-soyka-as-avp-reinsurance-underwriting-for-oceania

Everest Re hires Catherine Soyka as AVP, Reinsurance Underwriting for Oceania

July 29 2025

Soyka moves from Chaucer to take up the Singapore-based role.

Fitch keeps Resolution Life ANZ subsidiaries on positive watch as Nippon Life takeover nears completion

July 29 2025

Resolution Life Australasia and Resolution Life New Zealand could see rating upgrades once Japan's largest life insurer completes its acquisition in the second half of 2025.

Japan P&I outperforms in 2024 as IG peers tackle record pool claims

July 29 2025

A surge in high-severity losses pushed several P&I clubs’ combined ratios above 110%.

msampad-launches-index-based-earthquake-cover-for-corporates-amid-nankai-trough-concerns

Japan's Mitsui Sumitomo Insurance to launch parametric earthquake cover for corporates

July 29 2025

The cover will be available as an add-on to Property Master policies from 1 October 2025.

_irdai-slams-star-health-with-nearly-us400k-fine-warning-over-cybersecurity-mishaps

IRDAI fines Star Health nearly US$400k over data breach

July 29 2025

The IRDAI tightened cybersecurity protocols for insurers and intermediaries earlier in April.

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