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Sunday, September 13, 2026
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Indian insurtech CoverSure raises US$4m in Pre-Series A round
May 28 2024
Funds to be used to further develop platform, with insurtech eyeing data-driven approach before approach to potential expansion within India.
India faces growing backlog of 1m motor insurance claims valued at nearly US$10bn
May 28 2024
RTI query uncovers over 1 million pending motor accident claims worth 805bn rupees (US$9.68bn).
Australia’s Insurance Council calls for EV insurers to partner with fire agencies for better data
May 28 2024
Insurers urged to collaborate with fire agencies and governments to tackle EV battery fire risks and improve insurance models.
NTU and GAIP launch 2024 Insurance Case Competition, focusing on AI
May 27 2024
Students in Singapore and ASEAN to explore challenges faced by insurers and propose AI-driven solutions.
GIAJ reports US$214m in insurance payouts for Hyogo April hail event
May 27 2024
Association reports swift response from industry with an estimated 99.7% of 92,424 claims already settled.
India's Paytm withdraws GI licence application to focus on distribution
May 27 2024
Paytm redirects efforts to insurance broking, aiming to expand reach among consumers, small merchants and SMEs.
AIA unveils new 22-floor group headquarters in Hong Kong
May 27 2024
AIA Group unveils redeveloped headquarters, including state-of-the-art facilities and leading green building credentials.
Hundreds feared dead following massive landslide in Papua New Guinea
May 25 2024
Rescue efforts are underway in Papua New Guinea's Enga province where a landslide has left over 670 feared dead with rescue operations hindered by ongoing hazards and tribal conflicts.
Guy Carpenter publishes predictions for Western North Pacific cyclone activity in 2024
May 25 2024
Cyclone formations forecast to be near-normal this year, while landfalls expected to be between near-normal and above-normal across the region.
Hollard CEO Fahey joins ICA Board as Non-Executive Director
May 24 2024
Paul Fahey joins ICA Board to fill vacancy left by Richard Enthoven who stepped down after a decade.
Insurance losses for Noto Peninsula Earthquake jump over US$500m mark
May 24 2024
Total number of claims rises to over 140k, with 95% of investigations completed and 67% of payments made as of 26 April.
Major Japanese insurers admit to sharing motor customer data - report
May 24 2024
Insurers admit to sharing of policy information, marking the latest in a series of industry compliance issues in Japan over the last year.
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