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Investments weaker yen cushion JGB losses as Japanese life insurers push ahead with overseas growth

Japan's life insurers post record profits, press on with overseas expansion, undeterred by JGB losses

June 17 2025

Investment gains and weaker yen contribute to record core profit, though pressure from rising government bonds is likely to remain.

air-india-crash-could-trigger-us475m-insurance-claim-says-gic-re-chairman-report

Air India crash could trigger insurance claims of US$475m, says GIC Re chief: Report

June 17 2025

Global reinsurers will bear the majority of the insurance claims arising from the crash.

hong-kongs-ia-boosts-market-surveillance-to-safeguard-policyholders

Hong Kong Insurance Authority steps up surveillance to deter misconduct among intermediaries

June 17 2025

IA is also working with industry bodies and other regulators to boost information-sharing and enforcement.

gard-restructures-with-creation-of-asia-business-unit-under-kroneberg

Gard launches dedicated Asia business unit as part of global restructure

June 16 2025

André Kroneberg to lead Asia unit as part of company-wide overhaul, which takes effect from September.

Air India flight AI171 crash to harden aviation reinsurance market: GlobalData

June 16 2025

Losses from the Air India crash may surpass the total annual aviation insurance premium in India.

victoria-sets-up-expert-panel-to-review-strata-practices

Victorian government sets up expert panel to review strata practices

June 16 2025

Move comes four months after new strata transparency regulations, including insurance quote disclosures, took effect in New South Wales.

AsianFamilyPlayingWithSiberianHuskyDogTogether

South Korea's first fully-licensed pet insurer to launch in July

June 16 2025

MyBrown will offer small-sum, short-term insurance products.

air-india-flight-ai171-crashes-in-ahmedabad-with-242-on-board

Air India tragedy: IRDAI issues urgent directives, insurers ease documentation to fast-track settlements

June 16 2025

The incident, expected to be India’s largest ever aviation insurance payout, has triggered the creation of a joint claims cell and expedited claims processing.

singapore-reinsurance-corporation-secures-gift-city-reinsurance-licence

Sing Re secures GIFT City licence

June 14 2025

Entry into GIFT City follows recent moves by other international industry players.

japan-pampi-club-announces-key-leadership-appointments-department-restructuring

Japan P&I Club announces key leadership appointments, department restructuring

June 13 2025

Club has appointed former director Yuichi Tanaka as Director and General Manager of its Reinsurance & Regulatory Affairs Department.

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