Editor's choice – (Re)in Asia

Editor’s choice

“Spiral of risk”: Marine insurers face rising costs and fragmentation as geopolitics exacerbate risks

June 6 2024

Geopolitical conflicts and sanctions are driving up marine insurance costs and causing industry fragmentation.

japanese-life-insurers-to-maintain-strong-profitability-and-mampa-activity-in-fye25-fitch

Japanese life insurers to maintain strong profitability and M&A activity in FYE25: Fitch

June 6 2024

Core profits for Japanese life insurers rose by 35% last financial year, with Fitch Ratings forecasting continued strong profitability.

Turning off insurance tap won’t help sustainability, says Aon APAC strategy group CEO

June 6 2024

Industry executives at InsureTech Connect Asia say simply exiting the fossil fuel market could hinder sustainability efforts.

RBI greenlights Zurich's 70% stake acquisition of Kotak General

June 6 2024

55.6bn rupees (US$667m) acquisition from Kotak Mahindra Bank, initially announced in November, and now set to be completed in a single tranche.

Medibank being sued by privacy watchdog over 2022 data breach

June 5 2024

Office of the Australian Information Commissioner alleges health insurer failed to take reasonable steps to protect the personal information of 9.7m customers.

Gobinath Athappan appointed as Chairman and CEO of Fairfax Asia

June 5 2024

Gobi Athappan will also take on role of Chairman of Singapore Re and steps into the leadership positions following the passing of Ramaswamy Athappan.

Chubb to acquire MGA Catalyst Aviation Insurance in Australia

June 5 2024

Brendan Warner, Managing Director of Catalyst, will continue to lead underwriting for Australian aviation business.

german-supermarket-giant-aldi-launches-insurance-line-in-australia-using-honeys-white-label-platform

Supermarket giant ALDI partners with Honey to launch Australian insurance offering

June 5 2024

ALDI Insurance provides home, contents, motor, and landlord insurance, powered by Honey's technology and white label platform and underwritten by RACQ.

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ITC Asia: Cross-shareholding selloff can fuel innovation for Japanese insurers

June 5 2024

Panellists at InsureTech Connect Asia say US$43.5bn selloff can fund new technology as Japanese regulator encourages carriers to work with insurtechs.