Topics

China imposes stock selling restrictions on insurers - report

January 24 2024

Chinese regulators are understood to have directed state insurers to limit sales, in a bid to stabilise country's domestic stock market.

HK Insurance Authority appoints Clement Lau as Executive Director

January 23 2024

Lau appointed Executive Director for Policy and Legislation for three-year term commencing 23 Jan 2024.

sompo-holdings-chairman-and-group-ceo-set-to-resign-over-bigmotor-insurance-scandal

Sompo Holdings Chairman and Group CEO to resign over Bigmotor insurance fraud scandal - reports

January 23 2024

Kengo Sakurada to resign in wake of subsidiary Sompo Japan's involvement in Bigmotor insurance fraud case.

lloyds-coverholder-kita-expands-to-singapore

Lloyd’s coverholder Kita expanding to Singapore

January 23 2024

The carbon insurance specialist and Lloyd's coverholder announces expansion into Singapore and Switzerland.

NorthStandard to open South Korea office in 2024

January 23 2024

The marine insurer will open a Seoul branch in spring, with Claims Director Shang Doe Shim set to move from Singapore to lead the office.

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Tropical Cyclone Kirrily set to form as Queensland braces for third nat cat in a month

January 22 2024

Queensland coast on alert, with state still reeling from Cyclone Jasper and severe festive season storms.

Lockton expands into India, appoints Sandeep Dadia as CEO

January 22 2024

Dadia sets sights on building Lockton's presence into 'one of the leading international brokers in India.'

Sompo Japan to name Koji Ishikawa as President - report

January 22 2024

Ishikawa poised to succeed Giichi Shirakawa, who resigned in September amid questions over Sompo's handling of business partner Bigmotor Co.

India home to a quarter of world’s crop insurance protection gap

January 19 2024

India is fastest growing G20 insurance market, but the country accounts for US$31.1bn of the global US$113bn crop protection gap, according to Swiss Re data.

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Hong Kong's Life segment forecast to return to pre-pandemic levels by 2027

January 18 2024

GlobalData forecasts 4.1% CAGR over the next five years, with the SAR experiencing an economic recovery post COVID-19.

Japan non-life cat premiums set to continue rising

January 18 2024

The changing Japanese inflation outlook is enabling non-life firms to improve underwriting on catastrophe insurance.

Gallagher Re puts 2023 global industry nat cat losses at US$123bn

January 18 2024

Gallagher Re pegs losses above industry estimates from Swiss Re and Munich Re.

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