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January 31 2025

Zakaria brings extensive experience from global (re)insurers.

Watchdog urges ACIL to name insurer penalised for claims code breach

January 31 2025

“Consumers and industry stakeholders deserve to know when an insurer has failed to meet its obligations,” says Chair of Australian Consumers Insurance Lobby.

vanessa-teo-promoted-to-deputy-ceo-at-great-americans-singapore-branch

Vanessa Teo promoted to Deputy CEO of Great American's Singapore branch

January 31 2025

Teo has been a key member of the Singapore team since the branch's establishment in 2014.

IAG to release AU$200m from BI provision as class action ends

January 31 2025

Actuarial estimate comes after Federal Court rules that COVID-19 business interruption class action against subsidiary IAL will not proceed.

Reinsurers set to cover at least 30% of LA Wildfire insurance losses: Moody's

January 31 2025

However losses borne by reinsurers will be less than in previous years due to "significant increase" in attachment points since 2023.

tong-yang-life-facing-strategic-uncertainty-amid-pending-ownership-change-fitch

Fitch affirms Tong Yang Life's ratings amid uncertainty over ownership change

January 30 2025

CSM grows, however Fitch notes credit profile uncertainty due to Worri Financial's possible acquisition.

IRDAI grants Niva Bupa extension to meet expenses of management limit: Report

January 30 2025

Regulator gives insurer until FY26 to meet new requirements.

Australian general insurer fined AU$100k for claims code breaches

January 29 2025

However Code Governance Committee opts not to name insurer, citing insurer's cooperation, transparency, and accountability as reasons.

ms-amlin-expands-phoenix-re-3-ils-sidecar-to-us90m

MS Amlin expands Phoenix Re 3 ILS sidecar 12.5% to US$90m

January 29 2025

The Lloyd’s global specialist (re)insurer’s move follows a $35m ILS listing in Hong Kong at the start of January.

Generali partners with MIT to explore AI applications in insurance

January 29 2025

Generali’s data experts will work alongside three MIT research teams to explore ways AI can offer a compeitive advantage.

Etiqa, Cebuana Lhuillier launch Philippines’ first takaful insurance product

January 29 2025

Etiqa became one of country's first licensed Takaful operators in November.

OneInfinity by OneDegree and BitGo partner on digital asset custody solution in Japan

January 29 2025

Partnership aligns with parent company AIFT's broader expansion goals in Japan.

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