Business type

Markel launches FintechRisk+ policy with up to US$20m coverage limit

September 12 2024

New policy offers liability, theft, and cyber cover for fintech firms internationally, including in Asia.

Taishin ups the ante with 25% higher bid in race to acquire Shin Kong Financial

September 12 2024

Taishin Financial challenges rival CTBC with new US$7bn all-shares deal.

Korean motor insurers’ 1H net profit drops 40.2% amid uptick in accidents

September 12 2024

Approximately 1.84m auto accidents were recorded in South Korea for the first half of 2024.

India's Shriram Group looking to list insurance arms within two years - Report

September 12 2024

Executive Vice-Chairman Umesh Revankar says the conglomerate is planning to go public with businesses “once we reach a certain scale.”

Monte Carlo reflections: flatter rates shifts focus to long-term stability

September 12 2024

Asia could benefit from the unlocking of capital, but reinsurers are indicating caution.

Aussie life insurers banned from using genetic testing to hike premiums or deny cover

September 12 2024

The ban, which was preceded by a moratorium on genetic testing in life insurance in 2019, was widely supported, said the federal government.

HDI Global to use GenAI for International Programmes

September 11 2024

Businesses will leverage its own databases and use GenAI to serve International Programmes clients "even more efficiently and quickly."

Tokio Marine Malaysia seeks court intervention in RHB Bank bancassurance dispute

September 11 2024

Insurer looking to enforce its “right of first refusal” under a 2014 deal, which is set to expire this year.

phil-russell-joins-axa-xl-as-environmental-risk-consulting-product-leader-for-apac-europe

Phil Russell joins AXA XL as Environmental Risk Consulting Product Leader for APAC and Europe

September 11 2024

Russell is based in France and joins the global (re)insurer after serving as ERM’s Global Account Director & AgChem Industry Lead.

malaysias-life-market-projected-to-exceed-us17bn-by-2028-amid-increased-consumer-spending-regulatory-reforms

Malaysia's Life market projected to near US$18bn in 2028 amid increased consumer spending, regulatory reforms

September 11 2024

GlobalData expects the sector to grow at a CAGR of 5.2% over the next five years, driven by “heightened private expenditure and enhanced investment activities.”

Stephanie Hong joins Tokio Marine Kiln as Marine Underwriter

September 11 2024

Hong joins from Great American and is tasked with further strengthening TMK's marine presence in Asia.

More regional insurance capacity key to growth of Asia's voluntary carbon credit market

September 11 2024

More insurance options and application of W&I concepts can help improve trust for buyers of VCC's.

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