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GIC Re shifts Lloyd’s syndicate 1947 management to Asta

July 1 2025

Asta, part of Davies Group, assumes full oversight and operational duties for the syndicate, effective 1 July.

japans-dai-ichi-life-plans-to-double-investment-target-to-us4bn-report

Japan's Dai-ichi Life looking to double investment target to US$4bn: Report

July 1 2025

The pronouncement follows Dai-ichi Life's acquisition of UK insurer and asset manager M&G last month.

claims-from-cyclone-alfred-north-queensland-floods-reach-a1-5bn-ica

IAG lifts FY25 profit guidance on lower natural perils losses

July 1 2025

The lower-than-anticipated claims burden is set to significantly lift the company’s full-year profit and margin guidance.

bms-group-adds-queensland-firm-to-portfolio-amid-global-mampa-drive

BMS adds Queensland firm to portfolio amid global M&A drive

July 1 2025

Acquisition of Corporate and Commercial Insurance Brokers in Australia marks group's continued international growth.

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Hanwha Life seals 40% stake acquisition in Indonesia's Nobu Bank

July 1 2025

With its investment in Nobu Bank, Hanwha Life becomes the first Korean insurer to enter the country's commercial banking market.

markel-launches-financial-institutions-insurance-suite-in-australia

APRA’s CPS 230 op risk standard goes live for insurers

July 1 2025

Standards introduce stricter obligations on business continuity and supply chain risk management.

AXA unifies ceded reinsurance teams

June 30 2025

AXA Group and AXA XL Ceded Reinsurance have combined under Ceded Re, with Guy Van Hecke continuing to serve as head.

Manulife Singapore deploys new AI tools to support financial advisors

June 30 2025

The AI-powered tools include a Client Portfolio Review Tool and a virtual AI assistant to support Manulife's consultants.

bupa-australia-agrees-to-pay-a35m-penalty-over-health-insurance-misconduct

Bupa Australia agrees to pay A$35m penalty over claim assessment failures

June 30 2025

"Our priority has been to communicate and compensate our affected health insurance customers and providers, along with putting in place measures to help ensure this does not happen again," says APAC Chief...

Cyber premiums crash in Australia as motor claims continue to soar

June 30 2025

Cyber insurance premiums plunged nearly 60% in Q1, while professional indemnity showed signs of recovery.

AIA and Aegon receive approval to set up asset firms in Shanghai

June 30 2025

Firms become the first two wholly foreign-owned insurance asset managers in Shanghai.

malaysia-explores-basic-insurance-scheme-to-curb-medical-cost-pressures

Malaysia mulls basic insurance scheme to address rising medical costs

June 30 2025

Industry stakeholders, including insurance and takaful providers and financial sector representatives, are reportedly involved in shaping the plan.

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