Editor's choice – (Re)in Asia

Editor’s choice

Complete control? Foreign insurers mull India FDI rule change

February 4 2025

India’s move to lift the 74% limit on foreign ownership of insurers is likely to spark structural change in the sector.

ocbcs-increases-stake-in-great-eastern-to-93-52-at-close-of-offer

Great Eastern's acquisition of AmMetLife units called off

February 3 2025

AMMB mutually agrees to cancel RM1.12bn (US$249m) sale of AmMetLife Insurance and AmMetLife Takaful.

Suncorp completes sale of Asteron Life to Resolution

February 3 2025

The deal sees Resolution Life acquire the New Zealand-based business for NZ$410m (US$227m)

Cyber MGA Sync Underwriting launches in Australia

February 3 2025

Tokio Marine provides capacity for the managing general agent, which is is part of the Rhodian network.

india-to-allow-100-fdi-in-insurance-for-firms-investing-entire-premium-locally

Indian Finance Minister reaffirms 100% insurance FDI ambitions

February 3 2025

Nirmala Sitharaman said this enhanced limit will be available to firms which invest the entire premium in India

Generali bullish on China life prospects despite low rate risks

February 3 2025

CEO Giulio Terzariol says demographics mean the long term prospects for the firm’s Chinese life and general insurance businesses are good.

heavy-rainfall-floods-prompts-evacuations-in-north-queensland

Heavy rainfall, flooding prompts evacuations in North Queensland

February 3 2025

The Insurance Council of Australia on Sunday declared the North Queensland floods a ‘significant event’.

steadfast-group-merges-network-insurance-group-and-insurance-house

Steadfast Group combines Network Insurance Group and Insurance House

January 31 2025

Group's two largest brokerages merge, with Andrew Broughton named as CEO.

IRDAI caps senior citizen health insurance rate hikes at 10%

January 31 2025

The move follows the regulator’s decision to abolish the age cap of 65 years for purchasing health insurance.

Front Re elevates Rizal Zakaria to CEO

January 31 2025

Zakaria brings extensive experience from global (re)insurers.

Watchdog urges ACIL to name insurer penalised for claims code breach

January 31 2025

“Consumers and industry stakeholders deserve to know when an insurer has failed to meet its obligations,” says Chair of Australian Consumers Insurance Lobby.

vanessa-teo-promoted-to-deputy-ceo-at-great-americans-singapore-branch

Vanessa Teo promoted to Deputy CEO of Great American's Singapore branch

January 31 2025

Teo has been a key member of the Singapore team since the branch's establishment in 2014.

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