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Monday, October 5, 2026
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GI
NSW announces strata reforms, including tightening of commission rules for insurance agents
June 26 2024
Reforms follow investigation into excessive brokerage fees charged by Nestrata.
Climate insurtech IBISA secures US$3m funding to scale parametric insurance in Asia and Africa
June 26 2024
Funding will support expansion into emerging markets.
Zurich to expand workforce in India by 600 - report
June 25 2024
Having just finalised the acquisition of Kotak General, APAC CEO Tulsi Naidu said insurer plans to increase workforce by 40%.
China’s motor insurance segment to hit US$150bn by 2028: GlobalData
June 25 2024
5.4% annual GWP growth forecasted, but regulatory premium cap restricts smaller insurers in EV market.
India's Niva Bupa planning US$360m IPO - report
June 25 2024
IPO would value business at up to US$2.5bn, with sources suggesting insurer plans to file approval papers in the next week.
AM Best assigns 'Stable' outlook to global cyber insurance segment
June 25 2024
Surge in demand counterbalanced by concerns over data, reinsurance reliance, and emerging threats.
Hong Kong Insurance Authority fines broker and technical representative for policy mishandling
June 24 2024
HK$44,270 fine imposed for failure to manage a client's motor policy with "due care and diligence."
India's GST Council rules reinsurance commissions and coinsurance premiums exempt from tax
June 24 2024
Council's ruling also nullifies US$1.4bn in demand notices sent to industry for non-payment of GST.
Deadly explosion at South Korean lithium battery factory
June 24 2024
Fire started after a series of battery cells exploded, leading to the death of 22 workers.
Japan's general insurance industry must work "tirelessly" to rebuild trust: GIAJ Chairman
June 24 2024
Keisuke Niiro stresses importance of restoring industry trust following price-fixing and fraud claims controversies.
Insurance Council of Australia welcomes new building codes that prioritise nat cat resilience
June 24 2024
New homes will be required to withstand extreme weather by 2028.
Insurance claims hit US$85m as heavy rain and floods ravage southern China
June 24 2024
Dozens of lives lost and hundreds of thousands affected, with NFRA reporting 18,400 insurance claims so far.
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