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Tuesday, August 25, 2026
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Claims from Cyclone Alfred, North Queensland floods reach A$1.5bn: ICA
May 12 2025
Alfred alone has driven over 116,000 claims, with an average payout of A$10,000.
Marine insurers consider 15-25% AWRP increase due to India, Pakistan tensions: S&P
May 12 2025
Recent escalation has also prompted a surge in war risk inquiries.
GlobalData cuts marine, aviation, and transit insurance growth forecast amid US tariff impact
May 10 2025
Insurers face increased risks and costs as US tariffs reshape the global MAT insurance landscape.
Fitch upgrades Hanwha Life's IFS ratings to ‘A+’ amid rising profitability
May 10 2025
Firm's rise in risky asset exposure is more than offset by improved ROE and strategic focus on high-margin products.
HCF Life fined A$750,000 over misleading contract term in life policies
May 9 2025
The Federal Court of Australia finds concerns in policies in the life insurer’s ‘Recover’ range.
Cyber reinsurance market reaches inflection point as losses grow: Howden Re
May 9 2025
With more losses flowing through the system, the cyber reinsurance market is under pressure to scale capacity.
Korea investigates insurance general agency data breaches
May 9 2025
Third-party vendor's compromised accounts prompt a privacy compliance audit by South Korea's data protection authority.
IFFCO-Tokio enters India’s surety bond market amid infrastructure push: Report
May 8 2025
Move comes as a regulatory task force aims to address adoption challenges in India's surety bond market.
bolttech and Sumitomo Corporation form JV to offer embedded device services in Asia
May 8 2025
The initial focus is on a device upgrade program in Southeast Asia.
Fitch revises Guoren P&C outlook to 'Stable', citing stronger capital, earnings and lower asset risk
May 8 2025
The agency also affirms the insurer's IFS rating at ‘BBB+'.
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