Claims numbers from the the Auckland Anniversary Flood and Cyclone Gabrielle events will be somewhere in ...
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 / 25 days ago
Hong Kong: Insurance federation issues Climate Charter
The Hong Kong Federation of Insurers (HKFI) has officially rolled out the Insurance Industry Climate Charter (Climate Charter)....
The Hong Kong Federation of Insurers (HKFI) has officially rolled out the Insurance Industry Climate Charter (Climate Charter)....
Article / 25 days ago
Indonesia: Insurance industry sees sedate 3% increase in premiums in 2023
The insurance industry in Indonesia chalked up total premium income of IDR320.88tn ($20.50bn) in 2023, an increase...
The insurance industry in Indonesia chalked up total premium income of IDR320.88tn ($20.50bn) in 2023, an increase...
Article / 30 days ago
Australia: Unpredictable weather behind farmers' move to parametric insurance
Due to increasingly unpredictable weather phenomena in Australia, parametric insurance is emerging as a "viable option for the nation's farmers", according to Descartes...
Due to increasingly unpredictable weather phenomena in Australia, parametric insurance is emerging as a "viable option for the nation's farmers", according to Descartes...
Article / 30 days ago
Bangladesh: Regulator seeks support from govt agencies to increase insurance coverage
The Insurance Development and Regulatory Authority (IDRA) is seeking cooperation from ministries and public entities to expand insurance coverage....
The Insurance Development and Regulatory Authority (IDRA) is seeking cooperation from ministries and public entities to expand insurance coverage....
Article / 1 month ago
Hong Kong: Regulator scrutinises conduct of insurers
The Insurance Authority's (IA) supervisory focus has pivoted to the conduct of insurers to ensure that customers are treated fairly, says the industry...
The Insurance Authority's (IA) supervisory focus has pivoted to the conduct of insurers to ensure that customers are treated fairly, says the industry...
Article / 1 month ago
Banglasdesh: Insurance sector may see liquidations and mergers
The insurance regulator, the Insurance Development and Regulatory Authority (IDRA), has suggested mergers of life insurance companies instead of...
The insurance regulator, the Insurance Development and Regulatory Authority (IDRA), has suggested mergers of life insurance companies instead of...
Article / 1 month ago
China: Mainland broking group to acquire HK insurance broker for US$1.5m
Nasdaq-listed Tian Ruixiang Holdings (TRH), a China-based insurance broker conducting business through its variable interest entity, has announced...
Nasdaq-listed Tian Ruixiang Holdings (TRH), a China-based insurance broker conducting business through its variable interest entity, has announced...
Article / 1 month ago
China: P&C insurance market projected to exceed US$67bn by 2028
The Chinese property insurance industry is forecast to grow at a compound annual growth rate (CAGR) of 12.1% over 2024-28, from CNY271bn ($40.5bn) in...
The Chinese property insurance industry is forecast to grow at a compound annual growth rate (CAGR) of 12.1% over 2024-28, from CNY271bn ($40.5bn) in...
Article / 2 months ago
Asia: Japanese insurers rank among the top globally in environmental leadership
CDP, an international environmental NGO, has selected four Asian insurance groups as 'A list' companies, the highest...
CDP, an international environmental NGO, has selected four Asian insurance groups as 'A list' companies, the highest...
Article / 2 months ago