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Reinsurers minimising severe convective storm losses despite increasing threats: S&P

August 12 2024

Insured losses from global natural catastrophes in 2023 reached over US$100bn for the fourth consecutive year.

South Korea’s ABL Life launches women-exclusive health insurance products

August 9 2024

The new insurance offering includes coverage for female diseases, cancers, and major life stages.

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Eliza Grant promoted to Head of Transactional Risk, Pacific at Marsh

August 9 2024

Grant joined Marsh in 2022 as Senior Transactional Risk Advisor.

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Japan P&I Club reports lowest level of claims in five years

August 9 2024

Claims fell in 2023 but a challenging global macro and geopolitical outlook means the association raised member premiums in 2024.

Major Japanese non-life insurers to raise corporate fire premiums in October - report

August 8 2024

Insurers to raise premiums by no more than 15% to counter deteriorating profitability and align with FSA business improvement orders.

Ollie Barcock appointed leader of Aviation Reinsurance for Global ReSpecialty at Aon

August 8 2024

Barcock has been with Aon for over 9 years, focusing predominantly on aviation reinsurance

India's Zuno General Insurance rolls out usage-based insurance option for motor policies

August 8 2024

Insurtech uses telematics to introduce India's first usage-based car insurance option.

arch-insurance-australia-brings-accident-and-health-claims-in-house

Arch Insurance Australia brings accident & health claims in-house

August 8 2024

The move aims to provide brokers with “a comprehensive and streamlined end-to-end service.”

Wearables data a valuable complement – but not replacement – to sophisticated underwriting

August 8 2024

Wearables can make a difference, but standardising data and understanding algorithms remain a challenge.

dual-launches-warranty-and-indemnity-insurance-in-australia-and-new-zealand

DUAL launches Warranty and Indemnity offering in Australia and New Zealand

August 8 2024

Jordan Schwarz, Head of M&A for the MGA, will lead the new line of business from Sydney.

HSBC elevates Swapan Khanna to Head of Strategy for Global Insurance

August 8 2024

Hong Kong-based Khanna joined HSBC in 2022 and had been serving as Head of Special Projects and Chief of Staff.

hong-kong-insurers-prepare-for-traditional-chinese-medicine-inclusion-in-health-insurance-scheme

Hong Kong considers expanding health insurance scheme to cover inpatient Traditional Chinese Medicine services

August 8 2024

Authorities are looking to expand the voluntary health insurance scheme, but a lack of TCM data means insurers may need to look to the mainland for guidance.

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