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SEADRIF, PCRIC, global peers secure US$5.3m grant grant to boost joint climate resilience efforts

April 16 2025

Grant agreement looks to strengthen global collaboration among regional risk pools, enhance technical capacity, and improve access to risk capital.

Meiji Yasuda Life profit up 8% on yen drop, lower claims: Fitch

April 16 2025

The rating agency expects the insurer “to continue its strong recovery and return to pre-pandemic levels.”

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Climate risks push 650,000 Australian properties toward uninsurability in 2025, report warns

April 16 2025

Climate Council and Climate Valuation report that 4.4% of the country's housing stock is high risk, posing a threat to long-term insurability.

A peek inside the tech toolbox: How Asia's life insurers are making use of Gen AI

April 16 2025

Insurers like AIA, Manulife, and Ping An are embracing technology across a variety of use cases, but challenges and regulatory hurdles remain.

Tariff volatility casts credit shadow over insurers: AM Best

April 16 2025

AM Best highlights potential inflationary pressures and increased claim costs for insurers amid ongoing tariff disputes.

HSBC Life Hong Kong appoints new COO and CDO

April 15 2025

Anita Menon (left) promoted to Chief Operating Officer and Angela Chan (right) elevated to Chief Distribution Officer.

Sun Life extends active lifestyle initiative for marginalised youth in Asia

April 15 2025

Sun Life boosts investment for the “Hoops + Health” programme to combat the risk of diabetes among young people in six Asian countries.

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Australia extends consultation on insurer–repairer motor conduct code

April 15 2025

The Motor Vehicle Insurance and Repair Industry Code of Conduct Administration Committee extended the public consultation period by eight weeks to 23 June 2025.

Arundo Re looks to growth in Indian sub-continent with appointment of Kshitij Chirimar

April 15 2025

Chirimar joins the business as Senior Underwriter for the region.

apac-insurance-markets-brance-for-impact-as-us-china-trade-tensions-soar

APAC insurance markets brace for impact as US-China trade tensions soar

April 15 2025

Region's insurers face challenges including market volatility, slower premium growth, and increased hedging costs.

Over 5,000 insurance claims lodged after South Korea wildfires, assessments ongoing: Report

April 14 2025

Crop loss claims dominate claims following wildfires in Uiseong and Sancheong Counties.

NFRA issues new consolidation oversight measures for insurance groups in China

April 14 2025

The new measures repeal 2014 guidelines, aiming to enhance financial stability and mitigate systemic risk.

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