Editor's choice – (Re)in Asia

Editor’s choice

Rising interest in APAC cyber from London insurers puts pressure on rates

November 29 2024

While several insurers have on-the-ground teams, APAC cyber is increasingly being written from elsewhere.

IAG to acquire 90% of RACQ's underwriting business

November 28 2024

AU$855m (US$555m) deal includes a 25-year distribution agreement, with an option for IAG to purchase the remaining 10% underwriting business in two years.

Australian Senate calls for government to monitor insurance premiums

November 28 2024

Senate Select Committee makes eight recommendations to improve resilience to climate change and improve insurance affordability in Australia.

Malaysian MP urges Bank Negara Malaysia to investigate health insurance premium hikes

November 28 2024

Health insurance premiums in Malaysia have reportedly increased by up to 70%.

India planning to amend insurance laws to allow composite licences and 100 FDI - report

India looking to amend insurance laws to allow composite licences and 100% FDI - report

November 27 2024

Current parliamentary session may bring about key rule changes to insurance sector.

OAK Re's Syndicate 2843 to start underwriting from January

November 27 2024

Syndicate receives Lloyd's approval and will launch in 2025 with backing from Bain Capital and Hampden Agencies.

apac-p-and-c-growth-struggles-to-keep-pace-with-gdp-and-global-peers

APAC P&C growth struggles to keep pace with GDP and global peers

November 27 2024

McKinsey reports that rate-driven growth in APAC's P&C market is failing to capture new risks.

South Korea's insurance sector sees 13.2% rise in net income for 9M 2024

November 27 2024

Premiums increased 4.8% according to preliminary data from the FSS, but regulator notes concerns over global market uncertainties and potential losses from real estate project financing.