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aa-insurance-new-zealand-fined-nz6-175m-due-to-discount-failures

IAG NZ faces FMA civil action over systemic pricing and discount failures

April 4 2025

The regulator alleges IAG breached fair dealing provisions under the FMCA, resulting in overcharges of around NZ$35m (US$20m).

malaysian-pac-to-hold-closed-door-proceedings-on-rising-insurance-premiums-private-healthcare-costs

PAC to deepen probe into Malaysia medical insurance hikes with five more closed-door sessions: Report

April 4 2025

The committee held two public hearings and 12 closed-door sessions involving ministries, regulators, insurers, and hospital groups.

cmb-wing-lung-insurance-maintains-strong-performance-with-high-single-digit-roe-in-2024-am-best

CMB Wing Lung Insurance maintains strong performance, targets marine growth: AM Best

April 4 2025

Rating agency maintains insurer's financial strength rating at A (Excellent).

earnings-rebound-for-australias-clearview-following-wealth-management-exit

Profit rebounds for Australia's ClearView following wealth management exit: Fitch

April 4 2025

Ratings agency affirms ratings with a stable outlook, with the insurer focused on bolstering its core life insurance business.

axa-working-to-develop-sustainability-linked-insurance-product-to-incentivise-climate-resilience

AXA, Marsh pilot sustainability-linked insurance product to incentivise climate resilience

April 4 2025

New white paper from AXA, Marsh, and Link AM urges more climate resilience and climate mitigation in underwriting models.

Swiss Re creates dedicated global fac unit

April 3 2025

Sanaa Souidi named as head of the global newly established facultative division.

Flooded tennis courts and building in St Lucia, Queensland during 2022 floods.

Verisk acquires Nasdaq NRMC's cat model platform

April 3 2025

Acquisition allows Verisk to offer access to over 300 third-party models on the Nasdaq Risk Modelling for Catastrophes suite.

Chubb launches expanded life sciences insurance offering

April 3 2025

The Premier Life Science policy provides coverage across multiple lines of business to life sciences companies in Singapore, Australia, Hong Kong, and Korea.

Malaysia: Insurers expedite claims, waive requirements after Putra Heights explosion

April 3 2025

The blaze caused by a gas pipeline rupture engulfed a 500-metre stretch, injuring over 300 people.

Allianz says Thailand’s Nat Cat risk steady, but climate change may ‘reshape’ risk assessment: Report

April 3 2025

However climate change is likely to raise Thailand’s exposure to floods and windstorms, says CEO.

absence-of-strong-data-privacy-laws-slows-development-of-hong-kongs-cyber-insurance-market

Absence of strong data privacy laws slowing development of Hong Kong's cyber insurance market

April 3 2025

Lack of mandatory breach reporting limits data available for underwriters to price risk.

Myanmar earthquake to spark risk reassessment in cities far from fault lines: Moody's

April 3 2025

Earthquake caused the collapse of an under-construction building in Bangkok, 1,000km away from epicentre.

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