Business type

AM Best assigns 'Exceptional' national scale rating to Bao Minh Insurance

January 26 2024

AM Best assigns Vietnamese insurer NSR of aaa.VN, while maintaining its Financial Strength Rating at B++.

Aerial and satellite images employed to fast-track Noto Peninsula quake claims

January 26 2024

Cross-industry 'joint survey' teams will use imagery to identify 'total' and 'partial' loss areas to enable faster claims processing.

Cyclone Kirrily makes landfall near Townsville as Cat 3 storm

January 25 2024

Townsville bears brunt of Category 3 storm, with severe winds and heavy rains causing widespread disruptions and raising fears for farming sectors.

mark-saunders-appointed-non-executive-director-at-prudential-as-part-of-board-and-committee-changes

Prudential appoints Mark Saunders as Non-Executive Director amid Board changes

January 25 2024

Jeanette Wong to succeed David Law as Chair of Prudential's Audit Committee and Shriti Vadera will become a member of the group's Remuneration Committee.

Asian ILS market matures as MS Amlin completes first Singapore Cat Bond renewal

January 25 2024

The Lloyd’s specialty (re)insurer now has four vehicles in its series listed on SGX giving it a total of US$80m worth of capacity.

Indian regulator withdraws arbitration clause from tariff-based insurance products

January 25 2024

The IRDAI said Arbitration clause for all tariff-based contracts issued after 27 October 2023 were de-notified, changing a standard that has been in place since 2006.