Business type

Rare Earth Partners targets marine, liability, and personal injury in Shanghai venture

November 26 2024

CEO hopes to make a splash in China’s under-served specialty market.

hdfc-life-launches-investigation-after-data-breach

HDFC Life launches investigation following customer data breach

November 26 2024

HDFC Life disclosed the breach in a regulatory filing, citing an unknown source with "mala fide intent."

nonghyup-p-and-c-sees-capital-rise-under-ifrs-17-but-underwriting-hit-by-claims-in-2023-am-best

NongHyup P&C sees capital rise under IFRS 17, but underwriting hit by large claims in 2023: AM Best

November 26 2024

Korean insurer's ratings affirmed, with future underwriting performance supported by CSM base, though its capital is more exposed to volatility than domestic peers.

australian-mortgage-insurance-premiums-set-to-bounce-back-to-growth-in-2025-samppwebp

Australian mortgage insurance premiums set to bounce back to growth in 2025: S&P

November 26 2024

Premiums dropped by approximately 36% in 2023, however profitability in the sector has remained sound.

IRDAI raises capital requirements for Bima Sugam online platform - report

November 25 2024

Capital requirements for online platform have reportedly increased to 5bn rupees (US$60m), up from earlier estimates of 1–2bn rupees.

Worldcare rebrands to Allianz Travel Insurance in New Zealand

November 25 2024

Along with the rebrand, the company has also changed its offerings to provide customisable policies.

manulife-hong-kong-names-albert-mak-as-new-chief-agency-officer

Manulife promotes Albert Mak to Chief Agency Officer for Hong Kong and Macau

November 25 2024

Mak joined the company in 2019 and has been elevated from his role as Head of Business Development & Agency Training.

Central Bank of India receives RBI approval for insurance JV with Generali

November 25 2024

State-owned bank moves closer to entering insurance sector through joint venture which includes both life and non-life entities.

boltech-looks-market-expansion-with-us50-million-hsbc-venture-debt-facility

bolttech sets eyes on further expansion with US$50m HSBC venture debt facility

November 25 2024

Facility will be used to support bolttech's embedded insurance growth amibitions.

delegated-underwriting-authorities-continue-to-increase-market-share-am-best

Delegated underwriting enterprises continuing to increase market share: AM Best

November 25 2024

Fronting companies are making strong progress in the E&S and speciality lines that deal with hard to place risks.

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