Topics

ICICI Prudential Life faces 9.8bn rupees exposure in GST demand and penalty case

February 23 2026

Insurer's appeal before the GST Commissioner (Appeals) has been dismissed.

insurance-council-urges-cslr-overhaul-warns-pi-insurance-wont-plug-funding-gap

ICA urges Compensation Scheme of Last Resort overhaul, warns PI insurance won’t plug funding gap

February 20 2026

Responding to the Treasury’s PI review, the Council said PI covers negligence — not fraud, criminality or systemic failures often behind CSLR claims.

uaa-renews-10-year-underwriting-deal-with-qbe

QBE delivers 7% GWP growth as cat losses ease and margins strengthen in 2025

February 20 2026

The group's COR strengthened to 91.9%, benefiting from lower nat cat losses.

Generali GC&C launches AI-powered GlobalTracer for multinational programmes

February 20 2026

Through generative AI, the system aims to streamline policy reviews, reinforce existing controls, and support consistency across multinational and captive programmes.

Naresh Krishnan named president director of Chubb Life Indonesia

February 20 2026

He joins from Principal Asset Management Indonesia and brings over 25 years of insurance and asset management leadership experience.

india-january-gi-premiums-near-fiscal-year-peak-but-health-complaints-and-profitability-pressures-surface

India January GI premiums near fiscal-year peak but health complaints and profitability pressures loom

February 20 2026

Premiums climb to ₹333.5bn (US$3.68bn) in January on crop and health gains, while health insurers navigate complaint scrutiny and margin pressure.

Swiss Re Corporate Solutions to acquire QBE’s global trade credit and surety business

February 20 2026

The deal will add about US$200m in annual revenue to Swiss Re Corporate Solutions’ portfolio.

india-adds-russian-marine-insurer-soglasie-to-approval-list

India to decide on extending four Russian P&I insurers’ validity amid US pressure

February 20 2026

The fate of four Russian P&I insurers hangs in the balance as India weighs renewal of their authorisations this week.

japan-accountants-proposes-revision-to-insurer-reserve-matching-bond-guidance

Japan accounting body proposes bond loss relief for Japan's life insurers

February 20 2026

Consultation comes as Japan's life insurers face mounting unrealised losses on JGBs following yield surge.

indonesia-property-premiums-seen-to-reach-3-5bn-by-2030-amid-parametric-push-globaldata

Indonesia property premiums to top US$3.3bn by 2030 amid parametric push — GlobalData

February 20 2026

The sector's 2026 growth is estimated at 8.4% with flood and fire losses set to drive underwriting and product changes.

south-african-santam-secures-nod-to-open-branch-in-indias-gift-city

South Africa's Santam secures nod to open reinsurance branch in India’s GIFT City

February 19 2026

Santam becomes the first BRICS-based insurer to establish a presence in the GIFT City reinsurance hub.

CFC adds smart-tracking trigger to marine kidnap and ransom cover

February 19 2026

CFC’s system sends instant alerts when a vessel enters restricted waters, allowing real-time activation of kidnap and ransom cover.

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