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Hong Kong GI premiums hit HK$75bn in 9M 2024, according to first numbers under RBC regime

February 13 2025

RBC regime, which came into effect on 1 July, introduced new reporting requirements.

smes-grow-to-30-market-share-of-apac-cyber-insurance-premiums-guy-carp

SMEs grow to nearly 30% of APAC cyber premiums

February 13 2025

Guy Carpenter report shows APAC now accounts for about 10% of global cyber premiums, but warns region could face disproportionate losses in a catastrophic event.

China's NFRA issues new guidelines to manage insurance concentration risk

February 13 2025

Regulator urges insurance groups to maintain adequate capital and liquidity buffers.

suncorp-signs-five-year-microsoft-partnership-to-advance-ai-use

Suncorp reports half year profit surge as bank sale, lower claims boost earnings

February 12 2025

Results driven by AU$252m gain from bank sale and a lower-than-expected natural hazard costs.

KGI Life’s capital strength rises to ‘Very Strong’ in 1H24

February 12 2025

Fitch affirms Taiwan insurer’s ‘A’ rating as risk-based capital ratio increases to 363% in 9M 2024.

bdic-to-roll-out-crpyto-insurance-platform-across-apac

BDIC to roll out crypto insurance platform across APAC

February 12 2025

Decentralised crypto insurer sets sights on Q2 launch in Hong Kong, Singapore, Japan, Taiwan, and South Korea.

Nippon Life ahead of GHG asset management emissions reduction targets

February 12 2025

Japanese firm reduced total amount of GHGs in its investment portfolio by 45.9% in FY 2023/24, compared to 2010.

Indian insurers hedging options increase as RBI allows bond forward trading

February 12 2025

Firms currently hedge their interest rate exposure versus forward rate agreements which don’t facilitate physical delivery of the securities.

ica-reports-over-1400-claims-for-north-queensland-floods

North Queensland flood-related claims exceed 5,690

February 11 2025

The ICA and its members have expanded in-person claims support across flood-hit North Queensland.

NSW strata transparency laws take effect

February 11 2025

Laws require detailed disclosure of insurance quotes and prohibit commissions where insurance is arranged independently.

IAG's Firemark Ventures invests in 7Analytics

February 11 2025

Investment in insurtech aligns with IAG’s plan to improve underwriting and streamline flood-related claims.

Indonesia: Industry awaits government approval for mandatory TPL motor insurance

February 11 2025

The anticipated January start for mandatory third-party motor insurance did not come to fruition.

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