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Motor
Favourable loss experience drives Tokio Marine Indonesia's 82% combined ratio for 2024: AM Best
May 16 2025
TMI's ratings affirmed as Indonesian insurer seeing capital adequacy recover from 2023 fall.
Japan non-life outlook steady on regulatory oversight, fire insurance gains: AM Best
May 16 2025
The ratings agency also warns that Japan’s motor insurance segment faces ongoing profitability challenges.
IAG to acquire RAC Insurance in A$1.35bn deal with 20-year distribution agreement
May 15 2025
Deal is expected to add around A$1.5bn (US$965m) in GWP to IAG’s portfolio.
Allianz Australia to underwrite Mitsubishi's new dealership-distributed motor insurance product
May 6 2025
The new product line will allow direct access to insurance policies at the car dealership.
Trade uncertainty may drive up motor insurance rates: Swiss Re
May 6 2025
Emerging trade wars and tariffs are forcing motor insurers to reevaluate risk models as repair costs surge.
New Zealand general insurers record GWP growth and strong underwriting recovery in 2024: ICNZ
May 1 2025
NZ's insurance sector rebounds following Cyclone Gabrielle and Auckland floods
South Korea's Hanwha General Insurance increases stake in Carrot to 98.3%
May 1 2025
Hanwha increases its stake in the digital non-life insurer from 88.3% with KRW 205.6bn (US$144.43m) share acquisition.
Alfred-related insurance claims top 100,000, says ICA
May 1 2025
Insurance Council of Australia adds that claims have nearly reached A$1bn (US$640m).
Malaysia’s general insurance premiums rise 6.9% in 2024 on motor and infrastructure demand: PIAM
April 30 2025
Underwriting profit fell 11% in 2024 despite premium growth, as the industry’s combined ratio edged up to 93.4%.
China’s BYD to shut down insurance brokerage company
April 30 2025
BYD had acquired Yi’an property insurance in 2023
ACCC sets new date for IAG-RACQ, Allianz-RAA acquisition findings
April 29 2025
Watchdog sets 22 May as provisional date to announce final decisions or release statements about concerns.
GIAJ reports over US$729m in insurance claims from 2024's Noto Peninsula Earthquake
April 28 2025
The 7.6-magnitude earthquake that struck on 1 January 2024 impacted several prefectures across Japan.
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