Strategy

allianz-iag-to-vie-for-acquisition-of-western-australias-rac-report

IAG to acquire RAC Insurance in A$1.35bn deal with 20-year distribution agreement

May 15 2025

Deal is expected to add around A$1.5bn (US$965m) in GWP to IAG’s portfolio.

hdi-global-japans-uwe-jurgen-sievers-to-exit-casey-sandler-to-lead-in-interim

HDI Global Japan’s Uwe Jürgen Sievers to exit, Casey Sandler to lead in interim

May 14 2025

Sievers will step down following nearly three decades at the Japan branch.

AXA XL continues India buildout with five appointments, including Saumitra Sharma as CUO

May 14 2025

Saurabh Bhootara also joined as Underwriter, Priya Manchanda as Claims Specialist, Vinod Kumar as Assistant Underwriter, and Akash Jain as Underwriting Assistant.

iag-renews-main-reinsurance-cat-cover-at-au10bn-for-2025

IAG’s intermediated unit restructures to centralise core insurance functions

May 13 2025

The restructure brings several executive changes and a unified approach to operations across the CGU and WFI brands.

IHC, BlackRock launch US$1bn AI-powered reinsurance venture headquartered in Abu Dhabi

May 12 2025

Platform has strategic ambitions focused on Middle East and Asia with plans to use AI for faster risk assessment.

india-may-revive-merger-of-state-run-general-insurers-amid-push-for-sector-reform

India may revive merger of state-run general insurers: Report

May 9 2025

The merger would create the largest general insurer as state-run insurers face declining market share.

Global Asia Insurance Partnership appoints Min Hung Cheng as Chief Executive Officer

May 9 2025

Cheng previously served as Deputy CEO and Senior Director at the organisation.

bolttech-and-sumitomo-form-jv-to-offer-embedded-device-services-in-asia

bolttech and Sumitomo Corporation form JV to offer embedded device services in Asia

May 8 2025

The initial focus is on a device upgrade program in Southeast Asia.

Patrick Tiernan named next CEO of Lloyd's

May 8 2025

Tiernan joined Lloyd's in 2021 and has been serving as Chief of Markets.

bowtie-announces-term-critical-illness-cover-for-kids-pregnant-women-in-hong-kong

Bowtie introduces critical illness cover for kids, pregnant women in Hong Kong

May 8 2025

Digital insurer's product introduces coverage for genetic diseases, which are typically excluded from existing medical insurance plans.

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