Topics

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-releases-predictions-for-western-north-pacific-cyclone-activity-in-2024

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.

paul-fahey-joins-ica-board-as-non-executive-director

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.

aerial-and-satellite-images-employed-to-fast-track-noto-peninsula-quake-claims

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-customer-data-report

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.

New executive directors for general and long term business appointed at Insurance Authority

May 24 2024

MM Lee has been appointed Executive Director of General Business and Marty Lui as Executive Director of Long Term Business at the HKIA.

Howden launches SME-focused cyber insurance platform

May 23 2024

Howden launches global platform, including APAC, with simplified application process and up to a US$6m in coverage.

Indian Premier League insurance claims surge due to rain and injuries - report

May 23 2024

Insurers facing claims up to 1.5bn rupees (US$18m) for cricket tournament, with largest spike in five years likely to lead to rate hikes next year.

Diot-Siaci to acquire majority stake in Indian speciality (re)insurance broker Unilight

May 22 2024

French broker to strengthen position in Asia through stake acquisition.

insurance-authority-issues-warning-about-unlicensed-life-insurance-sales-to-mainland-china-visitors

Insurance Authority issues broker warning about unlicensed life insurance sales to Mainland China Visitors

May 22 2024

Hong Kong IA issues circular warning it has "no tolerance" on issue of unlicensed insurance referrals for Mainland China visitors.

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