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Sunday, October 4, 2026
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Swiss Re post Q1 profit of US$643 million, up US$800 million from year prior
May 5 2023
The results are a marked improvement compared with the US$248 million loss the reinsurer saw in Q1 2022.
Taiwan's Shingkong Insurance adopts Wolters Kluwer solution to ease IFRS 17 Transition
May 5 2023
Taiwan is expected to fully transition to the new accounting standard in 2026.
APRA proposes minor amendments to AASAB 17, seeks industry feedback
May 4 2023
The regulator is proposing changes to improve usability and remove ambiguity for Australia's equivalent of the IFRS 17 accounting standards.
IRDAI proposes new compensation guidelines for Directors and Key Managerial Persons at private insurers
May 4 2023
2016 was the last time remuneration guidelines for directors and KMP were updated.
Peak Re see net loss in 2022, despite 7% rise in GWP
May 3 2023
The Hong Kong-headquartered reinsurer saw gross written premiums rise to US$2.3 billion, but saw a net loss of US$81 million.
West P&I announce the appointment of Tony Paulson to Head of Asia role
May 3 2023
After three decades based in London with West, Paulson will relocate to Singapore to take up the responsibility for Asia.
Reliance General and Gallagher ink deal to cover 300,000 delivery drivers across India
May 3 2023
The deal will see insurance coverage provided to the delivery partners of Swiggy, an on-demand delivery platform.
Double-digit GWP growth for Korean Re thanks to new financial solutions product
May 3 2023
Despite large commercial and natural disaster losses, strong results achieved thanks to new coinsurance product along with global market hardening.
BMS expands Australia presence with acquisition of MGA
May 2 2023
The deal is the latest in a string of recent Australia acquisitions by BMS.
MAS and US Treasury conduct cybersecurity exercises
May 2 2023
The latest cyber collaboration between the two countries is likely to influence future policy.
Philippine's Insurance Commission Chief to Insurers: use new technology and reduce the protection gap
May 2 2023
Reynaldo Regalado, the new Head of the Insurance Commission, spoke at the 16th Philippine Insurance Summit.
PICC expect IFRS 17 to have minimal P&C impact, but Life isn't so rosy
April 29 2023
P&C, including combined ratio, will remain largely the same. But revenue recognition for its life business will drop by 67% under the new accounting standard.
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