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ICICI Lombard and actyv.ai partner to build SME and supply chain insurance product
May 22 2023
The partnership combines ICICI Lombard's insurance products with actyv.ai's machine learning and artificial intelligence technology.
AIA Hong Kong announce customisable critical illness plan
May 22 2023
'AIA Assemble' allows customers to tailor their protection and sum assured based on individual needs and budget.
Karen Tan promoted to CRO, Life & Health Reinsurance at Swiss Re
May 19 2023
Tan has been with Swiss Re since 2014 and will also join the Life & Health Executive Committee.
Everest Re rebrands to Everest
May 19 2023
The name change reflects the group's expansion into the primary market.
AMP penalised AU$24 million for charging deceased customers
May 19 2023
Two AMP companies received over AU$1,000,000 from 2,000 deceased customers, despite having been informed of the customers' deaths.
MLC hit with AU$10 million penalty - ASIC promises to take similar action against insurers who don't act in good faith
May 19 2023
Australia's Federal Court found MLC contravened the ASIC Act, the Corporations Act, and the Insurance Contracts Act.
CBIRC bids farewell as National Financial Regulatory Administration inaugurated
May 18 2023
The newly established NFRA will oversee China's insurance and banking sectors, excluding securities.
China's motor insurance market heats up as EV manufacturers enter the fray
May 18 2023
Earlier in May, BYD received regulatory approval to purchase Yi’an P&C. Now XPENG has announced that its partnered with eight Chinese insurers.
Contrasting outlook for private and public insurers as Indian industry GDPI looks set to reach US$36.5 billion in two years: ICRA
May 18 2023
The analytics firm sees healthy growth driven by private insurers, while three PSU's are likely to need significant government support.
Zurich Q1 results: APAC sees 18% Increase in GWP, 42% surge in PVNBP
May 18 2023
The group achieved strong performance in all regions, with APAC and LATAM the standout achievers.
Singapore's Bolttech valued at US$1.6 billion after US$196m Series B round
May 17 2023
The mega-round, led by Tokio Marine, bucks the trend of decreased insurtech funding.
Modular, API-driven travel insurance platform, battleface, lands in Australia
May 17 2023
The company has a presence in 185 countries worldwide and is launching in Australia in partnership with MGA Mustard Underwriting.
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