Business type

Seoul Guarantee Insurance experiencing rise in COR, but normalisation anticipated in 2025: Fitch

November 21 2024

Economic conditions have impacted SGI's underwriting performance, but strong investment has provided stability.

IRDAI chief calls for reforms in bancassurance amid mis-selling concerns

November 21 2024

Regulators warn that ethical practices must take precedence in order to maintain customer trust.

GlobalData projects Singapore life insurance to grow to nearly SG$60bn by 2029

November 21 2024

Demand from an ageing demographics and affluent population set to fuel growth.

Prudential names Jai Pawani as COO

November 21 2024

Pawani joins from HSBC where he was serving as Chief Operating Officer for Insurance.

singapore-based-magnus-roe-appointed-aons-global-chief-data-and-analytics-officer

Singapore-based Magnus Roe appointed as Aon's Global Chief Data and Analytics officer

November 21 2024

Roe first joined Aon in Singapore in 2013.

Swiss Re: India needs to relax FDI rules to close country’s protection gap

November 21 2024

India’s top insurance regulator recently said there was room for more than 70 additional carriers to enter the domestic market.

apac-m-and-a-activity-slows-in-q3-as-major-deals-face-regulatory-challenges

APAC M&A activity slows in Q3 as major deals face regulatory challenges

November 21 2024

India, Japan, and South Korea drive regional dealmaking, while Australia sees a sharp slowdown in activity compared to last three quarters.

Rokstone and Lloyd’s Syndicate 3939 launch US$10m nat cat parametric facility

November 21 2024

MGA and NormanMax partner on global fac and treaty solutions for earthquake, hurricane, cyclone, and typhoon, with flood expected in 2025.

northstandard-p-and-i-to-raise-premiums-5-for-2025-26-policy-year

North Standard P&I to raise premiums 5% for 2025/26

November 20 2024

Premium increase coincides with forecasted net combined ratio exceeding 110%, driven by rising large claims and global trade pressures.

Philippine insurance industry records 13.45% premium growth in Q3 2024

November 20 2024

The overall increase in premiums translated into higher insurance density, which rose by 12.44% year-on-year.

Zurich partners with Negawatt, Cornerstone Technologies for ESG and sustainability push

November 20 2024

Partnership integrates gamified sustainability efforts with insurance incentives and EV charging solutions to advance Hong Kong's green ecosystem.

APRA's proposed reinsurance reforms could support general insurers' credit profiles: Fitch

November 20 2024

Proposed reinsurance changes could have positive impact on carrier's credit profiles, but long-term impact likely to depend on factors which affect cedets' reinsurance appetite.

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25 September