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Thursday, July 23, 2026
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Tasmania maintains 'insurance tax' as Fire Services Levy reform put on ice
February 14 2024
Fire Services Levy reform hits standstill, leaving state as Australia's last to tax insurance for emergency services funding.
PERILS pegs initial loss estimate of Australia's 2023 Christmas Storms at AU$1.4bn
February 14 2024
PERILS's first insurance loss estimate, for storms, that hit QLD, VIC, and NSW between 23 and 29 Dec, is AU$1.4bn (US$900m).
IRDAI unveils draft regulations for India's upcoming digital insurance marketplace, Bima Sugam
February 14 2024
The ambitious marketplace is being developed as a 'one stop shop' to improve insurance penetration in the country.
Skuld issues notice of cancellation for Red Sea War Risk cover
February 14 2024
Skuld announces cancellation of certain war risks after it received notice of cancellations from reinsurers.
WTW and Solomon Agency Corp partner on North American exposure of Asian businesses
February 14 2024
Strategic co-brokerage agreement aims to deliver tailored insurance solutions to South Korean and Vietnamese companies operating in North America.
Transitional measures give Korean insurers time to strengthen balance sheets
February 14 2024
Korean insurers capital ratios are 20% stronger thanks to transitional measures introduced by regulators, but these have a limited timespan.
Bupa APAC launches new venture fund to support healthcare startups
February 13 2024
Bupa Ventures AU$20m aims to support Seed to Series A healthcare start-ups across APAC.
Japanese property insurers to maintain GWP growth and profitability amid earthquake risks: GlobalData
February 13 2024
Segment likely to remain stable, supported by government backing, reinsurance risk management, and rate adjustments.
Insurtech MediConCen secures US$6.85m in Series A funding
February 12 2024
Hong Kong insurtech will target Middle East and Southeast Asia growth with latest investment round, which was led by HSBC Asset Management.
AM Best maintains A+ Rating for Dai-ichi Life
February 12 2024
'A+' and 'aa-' ratings affirmed with a stable outlook, emphasising insurer's resilience and strategic importance in Japan's market.
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