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Wednesday, September 9, 2026
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GI: Personal
Fitch withdraws ratings for Sri Lanka Insurance following company restructure
February 28 2024
Fitch Ratings discontinues ratings for following SLIC's reorganisation and shift to a holding company for GI and life entities.
Thai Re posts strong profit growth in 2023
February 28 2024
Thai Reinsurance reports 219% surge in net profit to THB 231m (US$6.4m).
Hong Kong earmarks ILS and captives in 2024-25 budget
February 28 2024
ILS and captives key measures among other insurance-relevant plan and align with Insurance Authority's 2024-25 twin priorities.
S&P affirms Tokio Marine Insurance Singapore's ratings following revised RBC criteria
February 28 2024
Stable outlook remains as S&P highlights its key role within Tokio Marine Group and disciplined underwriting.
Crawford strengthens Malaysian presence with appointment of Wong Tai Onn
February 27 2024
Wong joins Crawford & Co as Head of Region for Johor and Malacca.
Prashant Grover appointed as Allianz Insurance Lanka CEO
February 27 2024
Grover started with Allianz in 2007 and is promoted from his role as Regional Lead of Business Transformation.
Allianz Asia Pacific reports 33% operating profit growth in 2023
February 26 2024
Allianz APAC's Life & Health business saw operating profits grow 35%, while P&C business grew 26%.
IRDAI maintains obligatory cession rate at 4% for 2024-25
February 25 2024
Insurers to continue ceding 4% of GI business to GIC Re, excluding terrorism and nuclear pool premiums.
Zurich opts for 70% upfront stake purchase of Kotak General
February 23 2024
Kotak Mahindra Bank announced Zurich's revised plan to acquire 70% stake in single transaction, altering the initial phased acquisition strategy.
Zurich Asia Pacific’s operating profits surge 18% to record US$565 million
February 23 2024
APAC P&C gross written premiums up 11%, while life insurance business surge 88%.
NSW launches Australia's first State Disaster Mitigation Plan to help combat rising nat cat costs
February 23 2024
Plan promises a proactive approach to disaster risk reduction including improved early warning systems and reviews of building codes and insurance levy arrangements.
India’s non-life insurers notch three quarters of solid growth
February 23 2024
Major segments thrived, while smaller lines of business like marine and liability faced challenges.
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