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taiwan-fsc-introduces-interim-relief-measures-for-life-insurers-amid-market-volatility

FSC introduces interim relief measures for Taiwanese life insurers amid market volatility

June 13 2025

Under the interim measures, life insurers can use a six-month average exchange rate to calculate equity and risk capital for specific financial assets.

Fitch assigns 'A' rating to TransGlobe Life, but warns of weaker earnings in 2025

June 13 2025

Fitch has assigned ratings to the Taiwanese insurer but placed them on Rating Watch Negative, citing FX risks.

Allianz Commercial India hires Nagalaxmi Shetty as Chief Compliance Officer

June 13 2025

Shetty moves from Anand Rathi Insurance Brokers to take on the new role.

suncorp-launches-generative-ai-tool-to-streamline-claims-processing

Suncorp launches gen AI tool to streamline claims processing

June 13 2025

Australian insurer says the tool cuts processing time by five to 30 minutes per claim.

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Markel strengthens insurtech sector offering with new InsurtechRisk+ policy

June 13 2025

Policy provides coverage limits up to £10m (US$13.6m) for insurtechs based in Australia, Asia, Canada, and Europe.

giaj-reports-progress-in-addressing-conduct-risks-plaguing-japans-insurance-industry

GIAJ launches new initiative to help address conduct risks plaguing Japan's insurance industry

June 13 2025

Japan’s insurance industry steps up reforms with new guidelines and a council to support third-party reviews of agency practices.

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

Air India flight crashes with 242 on board; early insurance loss estimates at US$120m-US$150m

June 12 2025

Tata AIG-led insurance consortium and global reinsurers face significant claims after Air India flight AI171 crashed, leaving only one survivor.

insurance-losses-from-cyclone-alfred-total-a2-25bn-says-perils

PERILS lowers Cyclone Alfred loss estimate to A$2.25bn for Australian insurers

June 12 2025

The industry data provider's initial loss estimate has been revised downward by 12%.

SBI General promotes Mohd. Arif Khan to Deputy CEO

June 12 2025

Khan has been with the business for 25 years.

qbe-enters-us1-6bn-reserve-deal-with-riverstone-and-enstar-to-de-risk-exposure

QBE Asia partners with IFC to promote property insurance resilience in Asia Pacific

June 12 2025

QBE becomes the first insurer to join the BRI program.

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