Business type

Photo of oil tanker with blue and red colours in ocean.

Marine Insurers nervous over spike in spot price for Russian oil

April 28 2023

Insurers are vulnerable due to mix of Russian oil exceeding $60 price cap and false shipping documentation

Photo of house and cars flooded in Australia.

PERILS updates loss estimate for October Southeast Australian floods to AU$907 million

April 28 2023

Personal property lines comprise 65% of the loss, followed by commercial property (25%) and then motor (10%).

Fitch affirms Fukoku Mutual Life Insurance ratings despite underwriting losses

April 28 2023

The Japanese insurer received ratings of 'A' and 'A-' in the face of covid hospitalisations, thanks to strong capitalisation, profitability and its company profile

Ping An achieves 48.9% rise in Q1 net profit

April 28 2023

Ping An Life saw 8.8% growth and the P&C business experienced a 7.1% rise

Asia leads the way as Chubb sees record-breaking Q1

April 27 2023

Chubb set new records for core operating and investment income - with Asia providing significant contributions across P&C and Life

Photo of bags of Japanese yen next to a wooden representation of house/factory.

Japanese Life insurers seeking safety in domestic bond investments

April 27 2023

A tightening of the BOJ's current monetary policy will result in yield increases for government and domestic bonds

Reliance General becomes first Indian insurer to accept RBI's e-Rupee for premium payments

April 27 2023

India's central bank digital currency (CBDC) is still in pilot stage

AIA to expand presence into third most populous province in China

April 27 2023

The CBIRC has provided regulatory approval for AIA China to begin operations in Henan province

AXA XL promotes from within to fill position of Cyber APAC & Europe Leader

April 27 2023

Carlos Rodriguez Sanz has worked at AXA XL for nearly 3 years and was previously the Cyber Product Manager for APAC & Europe

Igloo and Circle K partner to expand insurance accessibility in Southeast Asia

April 27 2023

For the first time in Asia, convenience stores will sell non-life insurance - beginning with motor insurance in Vietnam

Photo of man reading financial statements. Logos of Samsung Life and FSS in top left and top right.

FSS issues administrative warning to Samsung Life Insurance

April 27 2023

Following its designation as a financial conglomerate last year, Samsung Life is facing increased responsibility

Photo of moving van with boxes outside a house.

ASIC cancels Assurance Cover Australia’s AFS licence

April 27 2023

The licence was cancelled due to the transport insurer's failure to maintain professional indemnity insurance

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