Topics

bolttech-partners-with-taiwan-mobile-to-offer-insurance-products-underwritten-by-fubon

Bolttech and Taiwan Mobile launch insurance partnership underwritten by Fubon

June 15 2023

The partnership beings with travel insurance but is expected to expand to cyber, auto, and personal injury in future.

iag-expects-to-exceed-perils-allowance-for-the-seventh-time-in-eight-years

IAG expects perils cost to hit AU$2.9bn (US$1.99bn) and exceed perils allowance for the seventh time in eight years

June 15 2023

At its Investor Day, IAG executives revealed rate hikes, expected perils costs, and expected business achievement for 2023.

report-pe-firm-ta-associates-exploring-sale-of-australian-broker-honan

Report: PE firm TA Associates exploring sale of stake in Australian broker Honan

June 15 2023

Discussions are in early stages, but it's understood investment funds and other industry players are interested in a deal which would value Honan at between US$300m-$400m.

india-to-require-all-insurance-policy-holders-to-create-health-id-number

India to require all insurance policyholders to have associated health ID number

June 15 2023

All policy buyers and holders will need an ABHA ID number which the regulator says will improve transparency, increase trust, and reduce fraud.

IRDAI: Some insurance entities are failing to adhere to cyber incident guidelines

June 14 2023

The Indian regulator issued a circular to make it clear that all insurance entities need to abide by its cyber incident protocol.

Insurance Council of Australia praises AU$800m Northern Rivers home buyback

June 14 2023

The buybacks are occurring in areas most at risk of life-threatening floods and as part of the Resilience Home Program.

Report: Zurich looks to strengthen presence in South Asia with US$400m investment on India's Kotak General Insurance

June 14 2023

Advanced discussions are underway for Zurich to acquire up to 51% ownership, though Uday Kotak prefers to maintain control.

howden-helps-broker-insurance-deal-to-mitigate-one-of-the-largest-ever-environmental-disasters

Howden brokers (re)insurance deal to help avert environmental marine disaster

June 14 2023

Specialty (re)insurance coverage, involving 13 underwriters, has enabled a salvage operation for The FSO Safer which holds 1.14 million barrels of light crude and has been deteriorating since 2015.

Securities Appellate Tribunal pauses IRDAI's order to transfer Sahara India Life's 200,000 policies to SBI

June 14 2023

The SAT issued a stay order on IRDAI's direction, saying that there was no urgency and that the regulator's decision was made ex parte.

digital-insurer-yas-teams-up-with-bike-maker-polygon-on-embedded-solution

Microinsurer YAS teams up with Bike maker Polygon on embedded solution

June 14 2023

Customers who purchase a Polygon bike in Malaysia will automatically receive a bike insurance policy underwritten by Etiqa General Insurance Berhad.

Ping An's Jessica Tan: ESG reporting should be audited and transparent

June 13 2023

The Group's Co-CEO spoke about ESG on a recent podcast of the United Nations Environment Programme Finance Initiative.

zurich-nab-paterson-from-nib-for-chief-claims-officer-role

Zurich nab Paterson from nib for newly created Chief Claims Officer role

June 13 2023

Paterson was Group Chief Operations Officer at nib and will be be responsible for Zurich's claims teams across Life, Group Life and General Insurance.

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