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Indonesia’s takaful sector faces pressure as competition, stricter capital rules loom: Fitch
July 15 2025
Indonesia’s takaful market share slipped in early 2025 amid weaker general sharia contributions and ongoing sector reforms.
HDI Global, Descartes launch parametric earthquake product in Japan
July 14 2025
Generali GC&C are acting as a key reinsurer for the solution.
Construction costs, labour shortages keep Australian claims inflation elevated
July 14 2025
Rising costs and systemic delays are forcing insurers to reassess how they handle property and business interruption claims, says Crawford.
Forum for Insurance Transition to Net Zero unveils net-zero transition guide for (re)insurers, brokers
July 14 2025
The guide features examples of de-risking the transition, climate adaptation, electric mobility, and other broader sustainability practices.
Miller forms Korean marine team with quartet of appointments, including KS Shim as Head of Specialty
July 14 2025
All four hires join from Marsh Korea.
PeiQi Lee joins Starr Insurance as Head of Casualty, APAC
July 14 2025
Lee moves from Munich Re to take up the new role.
Howden names Phil Steel Associate Director, Business Development for HK
July 14 2025
Steel joins Howden after roles at Aon and CCW Global, bringing broad sector experience to the Hong Kong team.
AM Best maintains stable outlook for global cyber insurance as demand, AI usage grow
July 14 2025
Expansion of reinsurance and AI-driven underwriting continue to support segment resilience.
Insurers hike war risk rates amid renewed Red Sea shipping attacks
July 14 2025
Marine underwriters on high alert as fresh Houthi hostilities set the stage for further rate rises.
Aon appoints senior leadership roles in Singapore, Indonesia, Malaysia
July 14 2025
Business announced new roles for Richard Tan, Jennifer Chan, and Mike Ang.
Australia's cyclone pool continues expansion as Alfred leads to record claims for scheme
July 14 2025
New ARPC data shows home, strata and SME sums insured all continued to rise in Q1 2025.
OIC orders KWI Insurance to raise capital by 30m baht
July 14 2025
The latest directive builds on a previous order from the OIC, which barred the insurer from issuing new policies.
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