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ASIC cancels CAIP Services broker's licence over inactivity

July 13 2026

The former general and life risk insurance adviser held its licence for 13 years before ASIC found it had stopped trading and struck it off.

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Brown & Brown and Howden climb AM Best global broker top 10

July 10 2026

Acquisition-led growth propelled several brokers up AM Best's latest global rankings, with Marsh retaining its top spot for a 16th consecutive year.

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Japan Post, SCOR sign MOU for reinsurance vehicle, ceding of life policies

July 10 2026

The Japanese insurer plans to hold less than 50% of the voting rights in the SCOR-run structure, which would pool and diversify risks from both firms.

Map showing China in yellow surrounded by neighboring countries in pink and purple, including India, Mongolia, Korea, and Japan on a globe-like projection

China's July floods drive 320,000 claims, US$323m in payouts so far

July 10 2026

Reservoir breaches from Typhoon Maysak drove much of the loss, with insurers bracing for more as Typhoon Bavi approaches.

Aviva to take full ownership of India life insurance venture

July 10 2026

Aviva's move to acquire its partner's remaining stake reflects a broader trend of international insurers increasing ownership of Indian operations.

Echo Re taps Ankur Sharma as principal officer of India GIFT City branch

July 10 2026

The hire marks the latest step in the reinsurer's push into the Indian subcontinent, following its GIFT City licence approval in March.

Map of China with a small Chinese flag pinned to mark a location on the country outline and surrounding regions nearby in orange and blue seas.

China's insurers fast-track claims after deadly Guangxi floods, Hubei tornadoes

July 10 2026

Ping An P&C alone has reported more than 10,000 claims worth an estimated CNY110m (US$16.17m).

White Tesla Model X with falcon wing doors raised, a man sits in the driver’s seat inside a showroom.

ICA calls on government to require carmakers to sell parts to independent repairers

July 10 2026

Industry body says broader Right to Repair reforms would help curb repair costs and reduce upward pressure on motor insurance premiums.

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Arrow Global Insurance acquires Australian MGA Fusion Specialty

July 9 2026

The acquisition strengthens AGI's Asia-Pacific footprint and comes months after Fusion expanded into Japan's transactional risk market.

Aon India hires Taranjeet Walia for commercial risk role

July 9 2026

Walia will advise large corporates and financial institutions on integrated risk, capital and strategic solutions.

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