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Trade uncertainty may drive up motor insurance rates: Swiss Re
May 6 2025
Emerging trade wars and tariffs are forcing motor insurers to reevaluate risk models as repair costs surge.
China's non-life insurance could face rising claims, slower growth from US tariffs: GlobalData
April 25 2025
The new tariffs are likely to fuel claims inflation in motor, marine, trade credit, and business interruption insurance lines.
Pacific region records largest global commercial rate fall for fourth straight quarter: Marsh
April 25 2025
Insurers focus on underwriting discipline and structural adjustments to manage catastrophe and liability exposures.
Insurer claim costs rise as Australia’s EV repair bottleneck hits premium prices: Report
April 17 2025
Some EV owners are paying insurance premiums up to five times more than the equivalent internal combustion engines.
Malaysia's Takaful industry projects up to US$181m loss from BNM's medical premium cap
April 16 2025
Cap limits premium increases, but industry says the underlying issue is the rising cost of medical care.
PAC to deepen probe into Malaysia medical insurance hikes with five more closed-door sessions: Report
April 4 2025
The committee held two public hearings and 12 closed-door sessions involving ministries, regulators, insurers, and hospital groups.
Budget missing 'much needed' disaster resilience measures: Insurance Council of Australia
March 28 2025
ICA says lack of new flood mitigation funding, failure to remove insurance taxes could worsen premium pressures.
Prudential reaffirms commitment to BNM cap after lawmakers question medical insurance hike
March 27 2025
Prudential Assurance Malaysia says reported figures were drawn from letters explaining average medical inflation rates.
Combined ratio rises slightly, but Australia's non-life insurers maintain revenue growth in Q4
March 26 2025
Australian insurers report A$19.5bn insurance revenue in Q4, double figures from a decade ago.
New Zealand general insurance market to hit NZ$16.3bn by 2029: GlobalData
March 20 2025
Property and motor lines set to drive growth.
Insurance Council of Australia warns that motor thefts are putting upward pressure on premiums
March 20 2025
ICA warns rising vehicle values and repair costs are driving insurance premiums higher, with theft trends adding further pressure.
Australia’s General Insurance Code of Practice review panel urges stronger action from ICA
March 19 2025
Panel welcomes ICA's Action plan but says that more decisive action can be taken to improve consumer outcomes.
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