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Tuesday, September 22, 2026
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Meiji Yasuda to acquire American Heritage Life Insurance for US$2bn - report
August 14 2024
The acquisition, which is set to be finalised by June 2025, is part of a broader strategy by Japanese life insurers to expand abroad.
Mortality protection gap in China narrows as life insurance penetration rises
August 13 2024
Swiss Re reports a 6% reduction in China's mortality protection gap last year, though significant regional disparities remain.
Rising repair costs threaten to dent aviation insurers' profits
August 13 2024
Aviation repair costs are on the rise but a drop in ‘mask rage’ has seen cabin disruption claims fall since the Covid 19 pandemic ended.
Allianz CEO anticipates double-digit ROI from Income Insurance acquisition
August 13 2024
CEO Oliver Baete sees growth opportunities in underwriting, claims, and product design, and emphasises acquisition is a partnership, "not a sellout."
Lloyd’s and Lloyd’s China's ratings upgraded following improved underwriting performance
August 12 2024
Expense ratio continues to be higher than peers, but actions are being taken to reduce the cost of placing business at Lloyd’s, says AM Best.
Higher living costs, mental health concerns drive demand for affordable life insurance in Australia: CALI
August 12 2024
New study from the Council of Australian Life Insurers highlights need for financial advice and accessible information about life insurance products.
Thai Re reports 92% 1H net profit increase for 2024
August 12 2024
Thai reinsurer sees improvements in both personal and commercial lines, while net investment income surged.
LIC CEO confirms interest in entering health insurance sector via acquisition
August 12 2024
MD & CEO Siddhartha Mohanty says LIC India seeks to acquire a standalone firm for its foray into health insurance “rather than set up a vertical.”
China's insurers see 33.1% surge in claims costs in first half of 2024
August 12 2024
Key figures from the regulator reveal a notable rise in assets, but a rise in claims and benefits paid amid a series of floods this year.
Reinsurers minimising severe convective storm losses despite increasing threats: S&P
August 12 2024
Insured losses from global natural catastrophes in 2023 reached over US$100bn for the fourth consecutive year.
Japan P&I Club reports lowest level of claims in five years
August 9 2024
Claims fell in 2023 but a challenging global macro and geopolitical outlook means the association raised member premiums in 2024.
India's Zuno General Insurance rolls out usage-based insurance option for motor policies
August 8 2024
Insurtech uses telematics to introduce India's first usage-based car insurance option.
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