The Japanese life insurer's underwriting profitability is set to bounce back from FYE 2024, contributing to Fitch Ratings maintaining their 'A-' Insurer Financial Strength rating.
There is a 70% chance El Niño develops in 2023; its cooler average sea temperatures are expected to fuel severe weather, including droughts and wildfires.
The news was announced as part of a strategic partnership between Japan Post, investment firm KKR, and the U.S. head-quartered (re)insurer Global Atlantic.
On Friday, India experienced its most severe train accident of the century. Three trains derailed, causing the death of at least 288 people and injuring over 1100 more.
This is the second time the Indian regulator has issued a business transfer order for SILIC. The first in 2017 was set aside by the Securities Appellate Tribunal.
The cloud-based platform was developed by Munich Re Automation Solutions and is available immediately to L&H insurers in APAC, the Middle East, and Africa.
Digital insurer Aegon Life has launched India’s first insurance solution for surrogate mothers and egg donors.
The policy offers a three-year life cover for surrogate mothers and a one-year cover...
The Monetary Authority of Singapore (MAS) has issued a five-year prohibition order against six former agents of Great Eastern Financial Advisers, who were convicted for tax evasion offences. The six were...
