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Thursday, July 23, 2026

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no-policies-written-under-us-hormuz-insurance-facility-since-march-launch-report
No policies written under US Hormuz insurance facility since March launch — report
May 18 2026
The absence of a US naval escort has rendered the DFC's US$40bn maritime reinsurance facility unworkable so far, brokers say.
australian-high-court-rejects-shipowner-bid-to-limit-liability-in-wreck-removal-claims
Standard Club faces higher exposure after Australia court rejects liability cap on wreck claims
May 18 2026
Australia's High Court ruled that wreck removal claims excluded under Australia's maritime reservations cannot be capped by reclassifying them as property damage.
accc-clears-zurichs-a415m-clearview-acquisition
ACCC clears Zurich’s A$415m ClearView acquisition
May 15 2026
Zurich's takeover of ClearView has cleared the antitrust test in Australia, allowing the deal to proceed following a Phase I review.
marsh-announces-acquisition-of-eneos-insurance-to-expand-japan-commercial-lines-presence
Marsh to acquire ENEOS insurance units in Japan
May 15 2026
The broker will acquire ENEOS Insurance Service and ENEOS Material Trading from the Japanese energy group, with closing expected in Q3 2026.
south-korea-tightens-aviation-insurance-protections-for-accident-victims
South Korea to ban seizure and transfer of aviation insurance payouts from June
May 15 2026
The amendments also bar insurers from refusing mandatory cover for light aircraft and drone operators without valid grounds.
MSAD
MS&AD completes US$1.44bn acquisition of 18% stake in Barings
May 15 2026
The deal expands MS&AD’s overseas investment capacity and diversifies its income sources.
jio-financial-targets-life-and-general-insurance-launch-in-2026
Jio Financial, Allianz incorporate India general insurance joint venture
May 14 2026
The Indian JV partner will invest ₹49.5m (US$517,060) for a 50% stake in its general insurance joint venture with Allianz.
us100000-drought-payout-in-nepal-signals-growing-insurance-role-in-climate-resilience-finance
Global Parametrics-developed insurance policy delivers US$100,000 payout to Nepal communities
May 14 2026
The payout marks Nepal’s first use of a parametric drought insurance policy, stakeholders said, with funds supporting food aid and farming tools in Bajura district.
gic-re-receives-us37-6m-income-tax-demand-for-fy2024-assessment-year
GIC Re commits US$43m in capacity to India’s maritime insurance pool
May 14 2026
State-owned reinsurer is contributing ₹4bn of the ₹9.27bn (approx. US$100m) total capacity, with the balance from other domestic insurers.
tasmania-pivots-tasinsure-from-state-insurer-to-government-owned-not-for-profit-authority
Tasmania pivots TasInsure from state insurer to government-owned authority
May 14 2026
The reworked model will now focus on market interventions for hard-to-insure risks, rather than competing directly with insurers.
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28 August