Hong Kong, in recent years, has seen significant activity from parties wanting to enter its insurance mar...
India: Insurance industry pulls in $6.5bn in FDI in last 9 years
The insurance industry in India has received close to INR540bn in foreign direct investments (FDI) in the last nine years....
The insurance industry in India has received close to INR540bn in foreign direct investments (FDI) in the last nine years....
Article / 1 month ago
Singapore: General insurance market chalks up growth of 10.1% in 2023
The General Insurance Association of Singapore (GIA) yesterday announced year-on-year growth for both its domestic and offshore general insurance segments...
The General Insurance Association of Singapore (GIA) yesterday announced year-on-year growth for both its domestic and offshore general insurance segments...
Article / 1 month ago
Australia: Fall in group insurance coverage attributed to legislative changes
There has been a sharp decline in the number of Australians covered by group insurance through superannuation, according to a research report...
There has been a sharp decline in the number of Australians covered by group insurance through superannuation, according to a research report...
Article / 1 month ago
Hong Kong: General insurance market to grow by CAGR of 6.3% to US$10.9bn by 2028
The Hong Kong general insurance industry is set to grow at a compound annual growth rate (CAGR) of 6.3% from HK$67.0bn ($8.6bn) in 2024 to...
The Hong Kong general insurance industry is set to grow at a compound annual growth rate (CAGR) of 6.3% from HK$67.0bn ($8.6bn) in 2024 to...
Article / 1 month ago
India: Government says domestic P&I club will start small
The Ministry of Ports, Shipping and Waterways has held discussions on its proposal to set up a domestic protection and indemnity (P&I) club for coastal...
The Ministry of Ports, Shipping and Waterways has held discussions on its proposal to set up a domestic protection and indemnity (P&I) club for coastal...
Article / 1 month ago
Sri Lanka: State-owned insurance units attract 5 bidders
The tender for the sale of the segregated life and general insurance businesses of state-owned Sri Lanka Insurance Corporation (SLIC) has attracted five bidders, four of which are...
The tender for the sale of the segregated life and general insurance businesses of state-owned Sri Lanka Insurance Corporation (SLIC) has attracted five bidders, four of which are...
Article / 1 month ago
Australia: Govt aims to standardise more Nat CAT definitions
The Treasury has started a consultation exercise on standardising natural hazard definitions and reviewing standard cover for insurance contracts, says assistant treasurer and minister for financial services Stephen Jones
The Treasury has started a consultation exercise on standardising natural hazard definitions and reviewing standard cover for insurance contracts, says assistant treasurer and minister for financial services Stephen Jones
Article / 1 month ago
Japan: Sompo appoints new CRO and head of reinsurance
Sompo Japan has appointed Mr Koji Takahashi as CRO and head of reinsurance. He succeeds Ms Emiko Maki....
Sompo Japan has appointed Mr Koji Takahashi as CRO and head of reinsurance. He succeeds Ms Emiko Maki....
Article / 1 month ago
Himalayas could lose 75% of ice by 2100 affecting billions
The glacier melt in the upper reaches of the Himalayas could be accelerated with a reported rate of 65% due to the rapid rise in surface temperatures according to a new report....
The glacier melt in the upper reaches of the Himalayas could be accelerated with a reported rate of 65% due to the rapid rise in surface temperatures according to a new report....
Article / 2 months ago
New Zealand: Tower to extend parametric insurance to five Pacific markets
Listed general insurer Tower plans to offer parametric insurance across five Pacific territories by the financial year ending 30 September 2025 (FY2025), said...
Listed general insurer Tower plans to offer parametric insurance across five Pacific territories by the financial year ending 30 September 2025 (FY2025), said...
Article / 2 months ago
