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Cyclone Alfred downgraded before making landfall

March 8 2025

Wind damage minimal but heavy rain, severe flood threats remain.

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Malaysian insurance and takaful industries propose steps to manage rising healthcare costs

March 7 2025

Proposals include measures to improve transparency, regulate pharmaceutical costs, and encourage cost-sharing.

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Bharti AXA secures 15% investment from 360 ONE Asset to drive expansion

March 7 2025

Subject to regulatory approvals, the acquisition supports the insurer's growth in life insurance demand.

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Manulife projects threefold ROI from AI-related investments by 2027

March 7 2025

Life insurer says 75% of its global workforce are now actively engaging with AI tools.

Kyobo Life's ROE rises to 9% as of Q3 2024: Fitch

March 7 2025

Ratings affirmed with Korean insurer focusing on protection-type policies.

Severe flooding hits Jakarta, recovery efforts underway

March 7 2025

Jakarta’s City Council has urged a broader recovery strategy, including long-term support for housing, education, and economic recovery for affected families.

AXA XL partners with cybersecurity expert Darkweb IQ

March 7 2025

Tie-up aims to help proactively tackle ransomware and supply chain vulnerabilities for businesses.

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Ping An partners with JBA to enhance flood risk modelling

March 7 2025

The deal comes as China faces intensifying flood risks, with more frequent and severe flood events.

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Aon launches employee benefits cell captive for multinational employers

March 6 2025

Move sees Aon apply P&C cell captives model to the employee benefits segment.

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Chubb Japan partners with Smartpay to offer embedded insurance for BNPL transactions

March 6 2025

The collaboration marks the first initiative of its kind in the country.

Investments expected to remain key contributor to SINOSURE's 2024 earnings: Fitch

March 6 2025

Export credit insurer has ratings affirmed, but negative outlook is maintained in line with China's sovereign rating.

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FMG Insurance showing 'significantly' improved underwriting performance: AM Best

March 6 2025

New Zealand-based rural insurer sees ratings affirmed amid strong recovery since 2023 nat cat losses.

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