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AM Best assigns Asian Re national scale rating as cat losses lift 2025 combined ratio

June 10 2026

The Bangkok-based non-life reinsurer earns an aa+.TH national scale rating, though AM Best flagged exposure to heightened credit and liquidity risks from holdings in a sanctioned country.

Saudi Re appoints Ruchi Jain to lead GIFT City branch in India

June 9 2026

Jain, a former Swiss Re executive, will head Saudi Re’s India operations as the reinsurer expands into its second Asian market.

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Pacific Life Re inks third asset-intensive reinsurance deal with Tokio Marine & Nichido Life

June 9 2026

Third transaction with Japanese life insurer underscores Pacific Life Re’s growing role in the country’s AIR market.

Colorful Philippine jeepneys and other vehicles line a busy city street, with pedestrians and a cyclist crossing nearby.

Philippine court upholds IC authority to expand public transport insurance pools

June 9 2026

The ruling clears the way for a third insurance pool to operate under the Passenger Personal Accident Insurance system.

Chubb Australia promotes three to new national distribution roles

June 9 2026

Mark Roberts, Annelisa Richardson and Brendan Behm will oversee key broker relationships with Envest, Steadfast and Austbrokers, respectively.

gift-city-insurance-offices-double-in-fy2026-as-gwp-expands-sharply

GIFT City insurance GWP doubles in FY2026 as reinsurers expand fourfold

June 9 2026

Health and personal accident drove premium growth, as (re)insurers overtook intermediaries as the main source of premiums transacted in the hub.

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IGI secures approval to open reinsurance branch in India's GIFT City

June 9 2026

The move adds IGI to a growing list of global (re)insurers at GIFT City, where gross written premiums nearly doubled to US$1.13bn in FY2026.

Panoramic view of Hong Kong's skyline over Victoria Harbour with distant mountains and trees in the foreground.

Hong Kong life insurers to face pressure as cross-border monitoring tightens — S&P Global

June 9 2026

While direct impact remains limited, tighter cross-border monitoring could weigh on insurers' distribution and sales.

Aerial view of a flooded urban street with muddy water, cars and motorcycles navigating choked intersections, storefronts with large billboards nearby, and people wading through the water.

Thailand OIC presses insurers on group capital rules, disaster playbook at CEO roundtable

June 9 2026

The regulator also set a 2026 target to cut disputes and complaints by at least 15%.

Container ship at a busy port during sunset, with towering gantry cranes and stacked shipping containers on deck.

India's marine insurance pool cuts war-risk premiums by up to 48% amid self-reliance push

June 9 2026

With more than 80 marine war-risk policies issued since its May launch, India is advancing plans to build a domestic protection and indemnity (P&I) framework.

tokio-marine-life-thailand-injects-thb3-3bn-capital-rebalances-assets-under-ifrs-17

Tokio Marine CEO targets global expansion backed by Berkshire alliance

June 8 2026

The Berkshire Hathaway partnership will help the Japanese insurer pursue overseas deals and expand its solutions business, CEO says.

canara-hsbc-life-insurance-faces-us0-5m-gst-demand-over-input-tax-credit-claims

ICICI Prudential Life faces US$1.7m GST demand over FY2024 filings

June 8 2026

The latest tax demand adds to the insurer’s growing exposure, marking the fifth such order issued since February this year.

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