Topics

Bermuda Monetary Authority calls for more visibility on asset-intensive reinsurance deals

April 9 2025

BMA mandates stricter disclosure requirements amid rise in AIR deals, including in Asia.

Swiss Re to be appointed co-investment manager of GAM’s ILS fund range

April 8 2025

Swiss Re will handle investment and portfolio management, while GAM will oversee risk and manage global distribution and product structuring.

Cyclone Alfred leads to largest number of property claims in RACQ's history

April 8 2025

Insurer's losses estimated up to A$220m (US$133m), with Cyclone Reinsurance Pool expected to cover most of the figure.

MNK Group launches unified brand across global operations

April 8 2025

The rebrand integrates broking, MGA, and risk-taking entities under a single structure, including operations in Asia Pacific.

China launches new system to report medical insurance fraud

April 8 2025

NHSA introduces WeChat-based reporting for medical insurance fraud with rewards for valid leads.

China encourages insurers to set up private fund firms

China encourages its insurers to set up private funds

April 8 2025

New financial technology plan calls on industry to set up private fund firms, a move which could bring benefits to domestic markets while enhancing insurer's solvency ratios.

Australia's GI Code Governance Committee sees improved compliance as breaches decline

April 8 2025

Insurers reported 67,394 breaches of the Insurance Code of Practice in 2023–24, marking a 13% decline from the previous year.

Marsh Asia appoints Astrid Suryapranata as Mercer Marsh Benefits Leader for Indonesia

April 7 2025

Suryapranata has been with MMC for ten years.

regulator-fines-japans-major-non-life-insurers-for-price-fixing

Japanese insurers ramp up overseas growth as local market slows: AM Best

April 7 2025

US subsidiaries wrote over US$68bn in premiums in 2024, with annuities and diversified product lines driving growth.

dai-ichi-lifes-15-challenger-stake-targets-australias-retiree-boom

TAL's 15% Challenger stake targets Australia's retiree boom

April 7 2025

Strategic move by Dai-ichi Life's Australian subsidiary signals expansion into country's booming retirement sector.

japans-insurance-industry-to-top-us400bn-in-2029-globaldata

APAC cedents capitalise on softening market at April renewals

April 7 2025

Carriers secured favourable reinsurance terms amid strong competition and abundant capital, though rising catastrophe losses could limit future rate reductions.

pacific-life-re-insurtech-underwriteme-names-andrew-doran-as-ceo

Pacific Life Re promotes Andrew Doran to CEO of UnderwriteMe

April 7 2025

Having served as Chief Underwriting Officer from Singapore, Doran moves to the UK to lead reinsurer's insurtech arm.

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