Over the past 25 years since the establishment of Allianz Reinsurance in Asia Pacific, the reinsurer has ...
New Zealand: Review of earthquake-prone buildings brought forward
The government is bringing the earthquake-prone building review forward, with work to start immediately, and extending the deadline for remediations by four...
The government is bringing the earthquake-prone building review forward, with work to start immediately, and extending the deadline for remediations by four...
Article / 13 hours ago
India: Emergence and growth of insurance lines will require additional capacity
Closing India's large protection gaps and supporting the growth of new and existing insurance lines will require significant additional capacity, as...
Closing India's large protection gaps and supporting the growth of new and existing insurance lines will require significant additional capacity, as...
Article / 13 hours ago
Taiwan: 3 April quake results so far in claims totalling at least US$23.5m
The 3 April magnitude-7.2 Hualien earthquake has led to at least 472 insurance claims and resulted in losses amounting to at least NT$762m ($23.5m) as...
The 3 April magnitude-7.2 Hualien earthquake has led to at least 472 insurance claims and resulted in losses amounting to at least NT$762m ($23.5m) as...
Article / 2 days ago
India: GST Council discusses exempting reinsurance from GST
India's Goods and Services Tax (GST) Council is set to review exempting reinsurance business from GST. The review is likely to be held after the general elections which...
India's Goods and Services Tax (GST) Council is set to review exempting reinsurance business from GST. The review is likely to be held after the general elections which...
Article / 2 days ago
Thailand: General insurers expected to enter period of consolidation
The number of non-life insurance companies in Thailand is projected to be reduced to about 25-30 from the current number of about 50, according to Bangkok Insurance chairman Chai Sophonpanich...
The number of non-life insurance companies in Thailand is projected to be reduced to about 25-30 from the current number of about 50, according to Bangkok Insurance chairman Chai Sophonpanich...
Article / 3 days ago
Taiwan: Regulator announces EV insurance to be launched on 1 July
Insurance specific to electric vehicles (EVs) will be launched on 1 July 2024, the Financial Supervisory Commission (FSC) announced....
Insurance specific to electric vehicles (EVs) will be launched on 1 July 2024, the Financial Supervisory Commission (FSC) announced....
Article / 5 days ago
Vietnam: Insurance market sees premium growth continue to slow in 1Q2024
Vietnam's total insurance premium revenue in the first quarter of 2024 continued to decrease, falling for the fourth consecutive quarter, according to data from the...
Vietnam's total insurance premium revenue in the first quarter of 2024 continued to decrease, falling for the fourth consecutive quarter, according to data from the...
Article / 8 days ago
India: GIC Re aims to expand international business portfolio
GIC Re, India's only locally incorporated reinsurer, plans to increase the proportion of its international business to diversify its revenue sources....
GIC Re, India's only locally incorporated reinsurer, plans to increase the proportion of its international business to diversify its revenue sources....
Article / 8 days ago
Taiwan: Property insurers to maintain profitability despite estimated insurable losses of up to US$8bn
Insurable losses from the 3 April magnitude-7 earthquake that struck Hualien in eastern Taiwan will be between $5bn and $8bn,...
Insurable losses from the 3 April magnitude-7 earthquake that struck Hualien in eastern Taiwan will be between $5bn and $8bn,...
Article / 11 days ago
Taiwan: Residential earthquake insurance coverage in quake-hit Hualien stands at only 30%
Taiwan's biggest earthquake in at least 25 years killed nine people yesterday and injured more than 1,000. Scores of people are missing as a result of the...
Taiwan's biggest earthquake in at least 25 years killed nine people yesterday and injured more than 1,000. Scores of people are missing as a result of the...
Article / 15 days ago