Property

Tall apartment towers under construction wrapped in green netting, with trees and a blue sky in front.

Hong Kong government to handle Wang Fuk Court fire insurance claims after buyout

July 27 2026

The move comes as residents press for greater transparency over the estate's condition and the handling of compensation following last year's fire.

Row of four red metal buckets labeled FIRE hanging from a wooden beam outdoors with a rural field in the background.

IRDAI warns insurers over deep discounting in fire insurance line

July 24 2026

The regulator flagged steep discounting in the fire market after industry premiums dropped 27.8% year-on-year.

Zurich General Malaysia signs bancatakaful partnership with MBSB Bank

July 24 2026

The partnership gives Zurich General Takaful access to MBSB's customer base and branch network.

Close-up of a blue map showing China with colorful push pins marking locations in red, yellow, and green.

China insurers' claims payouts for July typhoons, floods top US$500m

July 24 2026

Payouts have risen more than 20% since 13 July, when insurers reported nearly 380,000 claims.

pacific-posts-third-straight-quarter-of-double-digit-commercial-insurance-rate-declines

Asia commercial insurance rates fall 5% in Q2 as global market softens for eighth straight quarter

July 23 2026

Marsh said excess capacity, lower reinsurance costs and increased competition continued to drive rate declines.

sompo-holdings-to-restructure-into-two-global-segments

Sompo to acquire Brazil's Fator Seguradora to boost global specialty business

July 22 2026

The deal hands the Japanese insurer a Brazilian underwriter with strength in property, surety and financial Lines.

Two firefighters in full turnout gear with red helmets and breathing apparatus walk near a fire engine.

Fire at South Korea's Coupang logistics hub raises liability questions — Report

July 22 2026

A reported KRW380bn (approx. US$257m) property policy covering Coupang's Incheon logistics centre is under scrutiny as investigators work to determine liability for the fire.

Sunset over the Mumbai-Ahmedabad bullet train bridge in India.

India's GI premiums accelerate 16% in June as health, motor and PA expand

July 20 2026

Health, motor and personal accident insurance powered the industry's fastest YoY growth of 2026, while fire premiums continued to decline for a sixth straight month.

Fallen tree blocking a city street after a typhoon in China, causing disruption.

China insurers field 380,000 claims as July typhoon, flood claims approach US$1bn

July 17 2026

The figures cover losses from typhoons Maysak and Bavi and wider July flooding, with insurers having already advanced CNY2.89bn (US$427m) to policyholders across Zhejiang, Guangxi and Hubei.

Hong Kong skyline with financial graphs overlay, related to PICC HK ratings upgrade.

AM Best upgrades PICC Hong Kong as inward reinsurance book grows

July 16 2026

The insurer's push into Chinese Interest Abroad business helped to drive double-digit top-line growth.

Riverside village with wooden stilt houses along a muddy brown river under a cloudy sky, with green trees in the background.

Asia nat cat insured losses ease in H1 2026, but cyclone risk clouds outlook — Gallagher Re

July 15 2026

Asia recorded its lowest first-half insured catastrophe losses since 2017, but more than US$6bn in flood-driven economic losses in China underscored the region's significant protection gap.

Promenade along a harbor with tall blue skyscrapers, street lamps, and blue banners fluttering.

IAG's Firemark backs insurtech, autonomous logistics, and quantum startups

July 15 2026

Corporate venture arm invests in five companies spanning insurance technology, autonomous transport, quantum computing, and advanced materials.

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