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Wednesday, July 22, 2026
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IRDAI proposes first rules for insurer mergers with non-insurance companies
June 17 2026
The draft amendments also propose lower deal fees, tighter foreign ownership rules, and new naming standards.
Philippine regulator orders faster claims processing after Mindanao earthquake
June 17 2026
The directive applies to regulated entities operating in areas declared under a state of calamity following the event.
Income Insurance names Lim Sim Seng board chairman
June 17 2026
He will take over on July 1, succeeding Joy Tan, who has served as chairperson since 2025.
GIC Re announces Hitesh Joshi as Chairman and Managing Director
June 17 2026
Joshi will lead GIC Re as Chairman and Managing Director until his superannuation in September 2028.
ACCC clears Zurich’s acquisition of Beazley in Phase I review
June 17 2026
The authority found limited local market overlap between the merging parties and sufficient competition from multiple specialty insurers.
Thai Life Insurance premiums rise 3.45% in 2025 on health and savings demand
June 17 2026
Sector posted moderate growth in 2025 across protection, savings and investment-linked products on the back of rising healthcare costs.
Some insurers ease Hormuz rates on US-Iran deal hopes, but pre-war pricing hinges on stability
June 17 2026
Early cuts of up to 40% have surfaced, though pricing stays patchy and a history of broken ceasefires leaves many insurers reluctant to move fast.
Defne Turkes to step up as President of Liberty International Insurance from July
June 16 2026
She will lead strategic growth across commercial insurance internationally as well as retail markets in Asia.
Descartes gains Lloyd's coverholder status via OAK Global partnership
June 16 2026
The tie-up allows Descartes to scale parametric insurance offerings at Lloyd’s, targeting climate and emerging technology risks.
India to divest up to 5% stake in GIC Re
June 16 2026
The planned stake sale in GIC Re forms part of the government’s broader divestment strategy, as the reinsurer reports reduced underwriting losses.
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