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Emerging risks | Growth Opportunities | APAC Insurance

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Friday, November 6, 2026

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IAG
IAG to release AU$200m from BI provision as class action ends
January 31 2025
Actuarial estimate comes after Federal Court rules that COVID-19 business interruption class action against subsidiary IAL will not proceed.
LA_Wildfires
Reinsurers set to cover at least 30% of LA Wildfire insurance losses: Moody's
January 31 2025
However losses borne by reinsurers will be less than in previous years due to "significant increase" in attachment points since 2023.
tong-yang-life-facing-strategic-uncertainty-amid-pending-ownership-change-fitch
Fitch affirms Tong Yang Life's ratings amid uncertainty over ownership change
January 30 2025
CSM grows, however Fitch notes credit profile uncertainty due to Worri Financial's possible acquisition.
irdai-grants-niva-bupa-extension-to-meet-expenses-of-management-limit-report
IRDAI grants Niva Bupa extension to meet expenses of management limit: Report
January 30 2025
Regulator gives insurer until FY26 to meet new requirements.
cambodias-insurance-industry-sees-3-5-gross-premium-growth-in-2024
Cambodia’s insurance industry sees 3.5% gross premium growth in 2024
January 30 2025
Premiums grow but gross claims incurred surge, according to data from the Insurance Regulator of Cambodia.
fitch-affirms-ratings-of-nzs-first-insurance-as-portfolio-transfer-looms
Fitch affirms ratings of NZ’s First Insurance as portfolio transfer looms
January 30 2025
Insurance portfolio set to be transferred to Provident Insurance and Pinnacle Life by end-March.
general-insurer-fined-au100k-for-claims-code-breaches
Australian general insurer fined AU$100k for claims code breaches
January 29 2025
However Code Governance Committee opts not to name insurer, citing insurer's cooperation, transparency, and accountability as reasons.
ms-amlin-expands-phoenix-re-3-ils-sidecar-to-us90m
MS Amlin expands Phoenix Re 3 ILS sidecar 12.5% to US$90m
January 29 2025
The Lloyd’s global specialist (re)insurer’s move follows a $35m ILS listing in Hong Kong at the start of January.
piam-says-insurers-and-takaful-operators-to-support-crackdown-on-total-loss-vehicles-report
PIAM says insurance, takaful industry supports crackdown on total loss vehicles: Report
January 29 2025
Association says sector supports RTD’s call for stricter roadworthiness and checks of repaired vehicles.
generali-partners-with-mit-to-explore-ai-applications-in-insurance
Generali partners with MIT to explore AI applications in insurance
January 29 2025
Generali’s data experts will work alongside three MIT research teams to explore ways AI can offer a compeitive advantage.
fubon-insurance-set-for-net-profit-turnaround-am-best
Fubon Insurance set for net profit turnaround: AM Best
January 29 2025
After a net loss in 2023, Taiwenese insurer is set for announce a record net profit for 2024, though a negative outlook persists.
antonio-calder-smith-joins-price-forbes-singapore-from-gallagher-london
Antonio Calder-Smith joins Price Forbes Singapore from Gallagher London
January 29 2025
Calder-Smith relocates to Singapore to take up role as Head of Facultative Financial.
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