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Malaysia's life and takaful insurers’ profits halve as medical claims soar
March 26 2025
Escalating medical costs and increased claims will put further pressure on underwriting income.
Fortitude Re signs US$4bn AIR deal with Taiyo Life
March 25 2025
Deals marks the Bermuda-based insurer’s second deal with Taiyo and sixth in the region.
ARPC estimates reinsurance pool will cover A$1.7bn in Cyclone Alfred losses
March 25 2025
Estimate remains fluid and is likely to change as further assessments, more claims data become available, the corporation said.
Generali completes acquisition of Generali China Insurance, gains full ownership of P&C business
March 25 2025
Acquisition aligns with group's strategy to strengthen its footprint in key Asian markets.
SRG officially launches in APAC with Singapore hub
March 25 2025
The move follows SRG’s acquisition of HL Suntak and signals the broker’s broader ambitions to scale specialist offerings across the Asia Pacific region.
SALT names Iain Sharples as Head of Underwriting, Marine
March 25 2025
He first joined the MGA in 2023.
Japan's FSA orders major insurers to improve practices following seconded employee data breaches: Report
March 25 2025
Order issued after two million customer records were inappropriately shared with primary employers.
Austbrokers Corporate promotes Andrew Flowers to Client Manager – National SME
March 25 2025
Flowers first joined the brokerage in June 2023 as an Account Manager.
CTF Life rolls out cross-border outpatient plan in partnership with GBA Healthcare Group
March 25 2025
The plan provides cross-border healthcare coverage across Hong Kong, Macau, and six cities in mainland China’s Greater Bay Area.
Wongi Kim to succeed Andy Ryoo as Allianz Trade's South Korea Country Manager
March 25 2025
Ryoo to step down after 22 years with the business.
OJK looks to shake up Indonesia's insurance industry with massive capital hikes
March 25 2025
Regulator's shock and awe campaign is a "significant global MCR event," says Guy Carpenter's Justin Ward.
Shenzhen Stock Exchange says it plans to support increased equity investment from insurers
March 25 2025
Exchange is designing plans to facilitate medium to long-term capital market participation.
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