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Momentum Life has ratings affirmed with earnings turnaround anticipated
April 10 2024
NZ insurer registered an operating loss in FY 2023, but AM Best anticipates positive earnings as it scales and implements business plan.
Taiwan earthquake highlights importance of disaster resilience: Moody's Analytics
April 10 2024
While possibilities of semiconductor production delays remain, lessons learned from 1999 Jiji earthquake have made Taiwan more resilient.
Honey Insurance secures AU$108m in Series A funding
April 9 2024
Insurtech's AU$108m (US$71.3m) raise, led by Gallatin Point Capital, is Australia's third-largest Series A round for a tech company.
Surer, Fusion, and Anapi launch first PI product for Singapore's General Insurance Agents
April 9 2024
Fusion Specialty takes on underwriting for AgentGuard Pro, with Surer and Anapi contributing technology and brokerage expertise.
Taiwan's FSC greenlights specialised EV clauses from 1 July
April 9 2024
Taiwan's electric vehicles to fall under new rules, which exclude battery damage as standard but allow coverage under additional riders.
Hong Kong's CMB Wing Lung Insurance has ratings affirmed amid strategic shifts
April 9 2024
AM Best affirms 'Excellent' ratings, following 2022 insurance portfolio acquisition and 2023 capital injection.
Scott Reichelt rejoins Crawford as President for Asia
April 9 2024
Reichelt returns to the business he served for a decade between 2010 and 2020.
Zurich to stop underwriting new oil and gas projects - report
April 8 2024
Zurich tells Bloomberg it will stop underwriting new oil and gas projects to better align with its 2050 net-zero emissions goal.
Tech and product innovation fueling private insurers' rise in Indian motor segment
April 8 2024
India's motor insurance landscape seeing dynamic shift, says GlobalData.
Lockton Thailand appoints Suradee Malaiarisoon as CEO, Julio Camanag as Deputy CEO
April 8 2024
Malaiarisoon (pictured left) has been with Lockton for 30 years and Camanag (pictured right) has been with the independent (re)insurance broker for a decade.
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