Business type

sp-insurers-well-placed-to-meet-cyclone-jasper-and-ongoing-queensland-floods-claims

S&P: Insurers well placed to meet Cyclone Jasper and Queensland floods claims

December 20 2023

Claims low due to regional demographics, but coverage by reinsurance pool likely to be limited due to time limitations.

Economic recovery and demographic shifts to fuel Australia's life industry to pre-pandemic levels

December 20 2023

GlobalData projects segment to grow to AU$44.7bn (US$30.4bn) by 2028.

IAIC releases China's first ESG disclosure guidelines for insurers

December 20 2023

Insurance Association of China introduces guidelines to improve transparency in line with country's broader ESG goals.

japan-ftc-continues-price-fixing-investigation-of-four-major-insurers-with-on-site-inspections

Japan FTC conducts on-site inspections of major insurers in ongoing price-fixing probe

December 20 2023

Tokio Marine, Sompo, Mitsui Sumitomo, and Aioi Nissay Dowa confirm inspections and are cooperating with the Japan Fair Trade Commission

am-best-maintains-stable-outlook-for-malaysias-non-life-market-amid-ongoing-economic-recovery

Stable outlook for Malaysia’s non-life market amid increased motor and property competition

December 19 2023

AM Best maintains stable outlook with improving economic conditions and low insurance penetration balancing nat cat and hard market conditions.

fitch-ratings-affirms-ratings-of-aia-group-amid-36-vnb-increase-in-9m-2023

Fitch affirms ratings of AIA Group amid 36% VNB increase in 9M 2023

December 19 2023

'Very Strong' IFS and IDR ratings affirmed, with pan-Asia Pac insurer seeing significant new business growth, backed by strong investment strategy.

Mitsui Sumitomo Insurance developing space tourism coverage: report

December 19 2023

Japanese insurer working with partners to target growing suborbital flights industry.

Munich Re: multi-year view needed on Nat Cat profitability

December 19 2023

Firm's CFO told analysts that while a single event could wipe out a year’s profits the sector was stable over the longer term.

Adeline Lee promoted to Head of Claims at Berkley Insurance Asia

December 19 2023

Lee has been with the business since its inception in July 2016 and is promoted from her role as Head of Claims for South Asia.

Chubb Life Taiwan maintains National IFS Rating following Dec 2022 merger

December 18 2023

Robust capitalisation, significant parent company support, and anticipation of of new investment-linked products recognised in Fitch's affirmation.

hdi-global-se-australia-announces-key-regional-promotions-within-liability-team

HDI Australia announces key regional promotions within Liability team

December 18 2023

Tami Sorensen promoted to Southern Region Liability Manager, Zubin Mathew promoted to VIC Liability Manager, while Leah Nesbitt joins WA team as Assistant Underwriter.

Insurance Council of Australia declares Tropical Cyclone Jasper a 'significant event'

December 18 2023

Classification will trigger emergency assessments and support for affected regions from Innisfail to Hope Vale.

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