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Gallagher India taps WTW for new Head of Liability and Growth Projects
April 18 2025
Sunny Goel joins business to lead liability, reinsurance, and growth initiatives in India.
Insurer claim costs rise as Australia’s EV repair bottleneck hits premium prices: Report
April 17 2025
Some EV owners are paying insurance premiums up to five times more than the equivalent internal combustion engines.
SBI to increase Kyobo Life stake, crossing 20% threshold: Report
April 17 2025
Following the transaction the company will be the insurer’s largest shareholder aside from its chairman.
APAC insurance capital rules boost demand for structured solutions
April 17 2025
Reinsurance is playing an increasingly important role in optimising capital as part of strategic balance sheet management.
Global: SCOR, AXA XL and Marsh provide credit insurance for wind-powered cargo fleet
April 17 2025
Insurance support assists the maritime industry's search for viable low-emission fuel alternatives to meet shipping's environmental and sustainability goals.
Environmental, technological risk gaps threaten progress in renewable energy transition: FM
April 17 2025
Uncertainties are driving up construction costs and insurance premiums, and in some cases preventing full insurance coverage.
Malaysia's Takaful industry projects up to US$181m loss from BNM's medical premium cap
April 16 2025
Cap limits premium increases, but industry says the underlying issue is the rising cost of medical care.
Markel to acquire marine MGA MECO
April 16 2025
Markel set to strengthen its marine insurance offerings, enhancing its presence in Asia Pacific and Europe.
SEADRIF, PCRIC, global peers secure US$5.3m grant grant to boost joint climate resilience efforts
April 16 2025
Grant agreement looks to strengthen global collaboration among regional risk pools, enhance technical capacity, and improve access to risk capital.
Meiji Yasuda Life profit up 8% on yen drop, lower claims: Fitch
April 16 2025
The rating agency expects the insurer “to continue its strong recovery and return to pre-pandemic levels.”
Climate risks push 650,000 Australian properties toward uninsurability in 2025, report warns
April 16 2025
Climate Council and Climate Valuation report that 4.4% of the country's housing stock is high risk, posing a threat to long-term insurability.
A peek inside the tech toolbox: How Asia's life insurers are making use of Gen AI
April 16 2025
Insurers like AIA, Manulife, and Ping An are embracing technology across a variety of use cases, but challenges and regulatory hurdles remain.
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