Topics

Aon estimates South Korean wildfire economic losses in the hundreds of millions of dollars

March 31 2025

Fires are ongoing but are already the most destructive in the country's history.

Talcott Life Re inks US$3.7bn asset-intensive reinsurance deal with Japan Post Insurance

March 29 2025

Talcott's second AIR deal in Japan will see it reinsure a block of Japan Post's in-force payout annuities.

7.7 magnitude earthquake causes significant loss of life and infrastructure damage in Myanmar, Thailand

March 29 2025

State of emergency declared in both countries, with epicentre near Sagaing, Myanmar and felt up to 2,000km away.

Mitsui Sumitomo, Aioi Nissay Dowa to merge in 2027

March 28 2025

Move would create the largest non-life insurer in Japan.

committee-flags-shortcomings-in-australias-cyclone-reinsurance-pool-calls-for-structural-reforms

Joint Select Committee urges changes to Cyclone Reinsurance Pool

March 28 2025

Recommendations include extension of 48-hour rule, enhanced resilience measures, and potential inclusion of marine insurance.

Mitsui Sumitomo agrees to purchase 15% of W.R. Berkley's stock

March 28 2025

Strategic alliance looks to leverage MSI's international reach, Berkley's speciality expertise.

insurance-industry-criticises-budget-for-overlooking-flood-resilience-measures

Budget missing 'much needed' disaster resilience measures: Insurance Council of Australia

March 28 2025

ICA says lack of new flood mitigation funding, failure to remove insurance taxes could worsen premium pressures.

Life Insurance Association of Malaysia elects Ben Ng as President, Vibha Coburn as VP

March 28 2025

Elections took place during LIAM's 51st AGM this week.

hong-kongs-insurance-authority-launches-campaign-to-educate-students-on-risk-management

Hong Kong Insurance Authority launches youth campaign to promote risk management

March 28 2025

The campaign helped educate tertiary students on insurance fundamentals and potential career paths.

LIA Singapore unveils 2025 priorities under new leadership

March 28 2025

Sze Keed Wong, CEO of AIA Singapore has been elected as President for the 2025-26 term.

South Korea battles historic wildfire emergency

March 28 2025

Country facing its worst ever wildfire crisis, with over 20 fires causing 28 fatalities and displacing more than 37,000 residents since 21 March 2025.

ifsca-establishes-standing-committee-to-bolster-gift-ifscs-insurance-ambitions

IFSCA forms standing committee to boost insurance presence in India's GIFT City

March 28 2025

Panel includes former heads of major Indian insurers and senior execs from global reinsurance and consulting firms.

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