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GI
Lloyd’s, UNCDF to launch disaster resilience vehicle for Pacific Islands
October 25 2024
This launch aligns with MoU the entities signed in 2023, aiming to leverage insurance programmes to help address the protection gap in the region.
QBE forms strategic partnership to strengthen engineering capabilities in Asia
October 24 2024
Partnership will provide QBE with access to Eos Rhea Metis's property and engineering expertise, solutions, and tools across the region.
Rare Earth launches independent wholesale broker in Shanghai
October 24 2024
Intermediary, led by Wang Wei and Mark Gu, becomes the first independent wholesale insurance broker to operate in mainland China.
OneDegree Group rebrands as AIFT
October 24 2024
Group says name change reflects its commitment to technology, with insurance arms OneDegree and OneInfinity maintaining their names.
IRDAI’s Bima Trinity’s ‘first phase’ nears soft launch - report
October 24 2024
Soft launch of Bima Sugam, the country's digital insurance distribution platform, is expected within the coming months.
China's insurers face pricing challenges as EV insurance demand soars: Moody's
October 24 2024
EV technology offers potential profits for insurers but also brings with it a raft of pricing risks.
Allianz in talks over a new Indian joint venture - report
October 23 2024
Allianz is considering new Indian ventures after disputes arose with existing partner, Bajaj FinServ.
Igloo launches its first direct-to-consumer platform
October 23 2024
Insurtech expands offering with DTC platform in Indonesia, targeting country's younger, tech-savvy population.
Economic rebound, rising claims to drive Malaysia’s GI GWP beyond US$7bn by 2028: GlobalData
October 23 2024
Global Data notes the recovery of the country’s economy, which expanded by 4.4% this year, as a key factor.
ASIC starts legal action against QBE over misleading pricing
October 23 2024
Customers were promised discounts for their loyalty when renewing their policies, ‘which they didn't receive’ alleges the regulator.
Top Indian insurance regulator says country needs more insurers
October 23 2024
India’s strong economic growth and 1.4 billion population means insurance sector needs to expand to meet demand said IRDAI chair.
ARPC cyclone pool records ‘modest’ surplus
October 23 2024
Cat risk sharing mechanism is close to a 100% of coverage in its target areas.
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