Business type

australian-federal-court-rules-in-favour-of-auto-general-in-asic-legal-battle-over-policy-terms

ASIC starts legal action against QBE over misleading pricing

October 23 2024

Customers were promised discounts for their loyalty when renewing their policies, ‘which they didn't receive’ alleges the regulator.

Top Indian insurance regulator says country needs more insurers

October 23 2024

India’s strong economic growth and 1.4 billion population means insurance sector needs to expand to meet demand said IRDAI chair.

MGAs ‘gaining ground’ in China as nascent Asian market emerges

October 23 2024

China’s MGA sector is seeing growth in several cities, while Indian regulators are investigating whether to approve their operation.

australian-reinsurance-pool-corporation-records-modest-surplus

ARPC cyclone pool records ‘modest’ surplus

October 23 2024

Cat risk sharing mechanism is close to a 100% of coverage in its target areas.

Vietnam's Typhoon Yagi losses top US$500m

October 23 2024

Despite sizeable claims, 17% insurance coverage of total losses highlights Vietnam's insurance protection gap.

tune-protect-re-boltech-partner-to-extend-air-asias-embedded-insurance-solution-to-hong-kong

Tune Protect, bolttech partner to extend Air Asia's travel insurance to Hong Kong

October 22 2024

Air Asia's new insurance coverage includes personal accident and travel delay protection for Hong Kong travellers.

allianz-weighs-exit-from-indian-insurance-jvs-with-bajaj-finserv

Allianz weighing exit from Indian Insurance JVs - report

October 22 2024

Allianz is believed to be considering alternative investments in India's insurance market amid strategic disagreements with Bajaj Finserv.

fwd-malaysia-annoucnes-new-leadership-appointments-following-expanded-takaful-stake

Aman Chowla and Mak See Sen take on new CEO roles at FWD Malaysia

October 22 2024

Mark See Sen to join as CEO of FWD Insurance Berhad with Aman Chowla moving the role of CEO of FWD Takaful,

SEBI approves Niva Bupa Health Insurance IPO

October 22 2024

The firm is India’s second fastest growing standalone health insurer and has posted a CAGR of 41.4% over the last two years.

AXA XL expands cyber coverage to include Gen AI risks

October 22 2024

Firm offers expanded policy as potential risks posed by Gen AI rack up, with the EU taking the lead in attempt to regulate the new technology.

Revised 2025 start date for Philippines Catastrophe Insurance Facility

October 22 2024

Michael Rellosa, Executive Director of the Philippines Insurance and Reinsurance Association (PIRA) says the use of fixed tariffs has hampered attempts to launch the PCIF.

China’s regulator proposes new ratings system for P&C insurers

October 22 2024

NFRA puts forward a new comprehensive rating system with 104 indicators across nine categories.

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