Property

Singapore GI reinsurance premiums top S$10bn in 2025

September 1 2026

Offshore business drove the 3.7% premium increase, but net claims incurred rose 11.8% and underwriting profit fell to its lowest level since 2021.

ASIC warns insurers against ‘short-changing’ homeowners through cash settlements

August 31 2026

The regulator found that cash settlements were often set by a single quote, potentially leaving homeowners to fund the gap if repairs cost more.

Australia GI premiums rise 3.6% in Q2 as direct insurance weakens, reinsurance improves

Australia GI premiums rise 3.6% in Q2 as direct results slide, reinsurance claims plunge

August 31 2026

Direct insurers recorded higher claims led by householders, fire and ISR, while reinsurance claims fell nearly 80% as results improved year-on-year.

ICA reports almost A$600m in Victorian bushfire claims

August 31 2026

Insurers have now received more than 4,860 claims, slightly up from more than 4,700 reported earlier this year.

McLarens appoints Andy Donnelly as executive loss adjuster in Australia

August 28 2026

The new hire adds more than 25 years of commercial property claims experience as the loss adjuster strengthens its operations.

Sompo's Q1 profit rises 20% as underwriting gains lift Japan P&C earnings

August 27 2026

Stronger underwriting across motor, fire and casualty insurance helped offset higher catastrophe losses, while overseas investment income supported earnings growth.

China Taiping's profit jumps 90% in H1 2026 on strong life results, investment gains

August 27 2026

Higher investment income and robust life insurance results propelled shareholder profit despite mixed performance across the group's non-life businesses.