Local life insurers are leaning on overseas acquisitions to offset a shrinking domestic population, even as the agency says capital buffers should stay resilient.
GIC Re and New India Assurance are said to be leading the formation of a US$100m marine war-risk pool to cover vessels on high-risk routes in and around the Persian Gulf.
APAC insurers are well positioned to absorb Middle East-related stresses, but insurers in Singapore stand out owing to their position as a major shipping and insurance hub.
Peter Kell's phase-one findings also tackle enforceability, vulnerability support, and First Nations engagement — with stakeholder feedback open until 8 May 2026.
Starr Insurance has named Vichai Laotrakul as chief executive officer of its Thailand operations, the business announced on LinkedIn on Monday.
Laotrakul brings more than 20 years of underwriting experience...
Four consecutive years of W&I rate declines in Asia-Pacific have coincided with rising claims notifications and MGA exits, as competition among insurers and agents intensifies.
Insurers brace for complex multi-event claims as Vaianu cuts power to 5,000 homes and forces coastal evacuations across Northland, Waikato and Hawke's Bay.
