Editor's choice – (Re)in Asia

Editor’s choice

Taiwan earthquake highlights importance of disaster resilience: Moody's Analytics

April 10 2024

While possibilities of semiconductor production delays remain, lessons learned from 1999 Jiji earthquake have made Taiwan more resilient.

Honey Insurance secures AU$108m in Series A funding

April 9 2024

Insurtech's AU$108m (US$71.3m) raise, led by Gallatin Point Capital, is Australia's third-largest Series A round for a tech company.

australia-life-insurance-breaches-rise-for-third-year-but-impact-significantly-fewer-customers

Australian life insurance code breaches rise for third year, but impact fewer customers

April 9 2024

The Life Insurance Code Compliance Committee reports 9% rise in breaches in 2022-23, but 47% reduction in number of customers impacted.

Surer, Fusion, and Anapi launch first PI product for Singapore's General Insurance Agents

April 9 2024

Fusion Specialty takes on underwriting for AgentGuard Pro, with Surer and Anapi contributing technology and brokerage expertise.

Taiwan's FSC greenlights specialised EV clauses from 1 July

April 9 2024

Taiwan's electric vehicles to fall under new rules, which exclude battery damage as standard but allow coverage under additional riders.

floods-continue-to-reign-as-asias-top-nat-cat-peril

Floods continue to reign as Asia Pac's top nat cat peril

April 9 2024

Floods were again Asia Pacific's costliest natural catastrophe in 2023, as global protection gap continues to widen.

tech-and-product-innovation-fuels-private-insurers-rise-in-indian-motor-segment-globaldata

Tech and product innovation fueling private insurers' rise in Indian motor segment

April 8 2024

India's motor insurance landscape seeing dynamic shift, says GlobalData.

Taiwan's property insurers poised to maintain stability despite early industry loss estimates up to US$8bn

April 8 2024

Early loss estimates vary from hundreds of millions up to US$8bn, but industry should be well positioned to absorb impact.

Sydney hit with severe flooding as torrential rains prompt evacuations and rescues

April 7 2024

Torrential downpours in NSW lead to overflowing dams, hundreds evacuated, and government announcement of a disaster recovery package.

samsung-fire-amp-marine-exits-bancassurance-business

Samsung Fire & Marine exits bancassurance business

April 6 2024

Insurer ends 21-year bancassurance operations amid sales decline, rising interest rates, and regulatory changes.

allianz-partners-because-first-foreign-reinsurer-to-set-up-operations-in-indias-gift-city

Allianz Partners becomes first foreign reinsurer to operate in India's GIFT City

April 5 2024

Establishment of reinsurance branch in GIFT City aligns with the IRDAI's efforts to increase reinsurance capacity in the country.

IAG pays AU$37m in worker back-pay due to inadequate systems

April 5 2024

Insurer self-reported non-compliance and pays over AU$21m (US$13.83m) for federal wages and entitlements, while settling AU$16.2m for state and territory long service leave entitlements.

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