Insurance

IRDAI removes age cap for health insurance: Report

Other improvements have also been made to India’s healthcare system.
3 days ago

IRDAI removes age cap for health insurance: Report

Other improvements have also been made to India’s healthcare system.
3 days ago

Indonesia grants operating licence to PT Orion Reasuransi

Its licence is effective immediately.
3 days ago

Munich Re's regional restructuring focuses on P&C business

New leaders have been selected for Japan, Korea, and India.
3 days ago

ICICI Lombard's GDPI climbs 17.8% in FY’24

Its Q4’24 earnings were driven by motor and health segments.
3 days ago

Vietnam's general insurance to hit $3.9b by 2028

Motor insurance holds the third-largest share in 2023’s GWP.
3 days ago

Generali revamps organisational structure

Generali Investments Holding will manage global asset management activities.
3 days ago

HKIA takes action against ethical breach by agent

This is the 7th case the HKIA reprimanded an insurance practitioner.
6 days ago

Asia bears $17b of Q1 natural disaster economic loss

Less than half of the global economic losses were insured during Q1’24.
6 days ago

Liberty Mutual bolsters capabilities to expand in APAC

Liberty Specialty Markets and Asia Retail Markets will merge.
6 days ago

S. Korea sees 189 large liability claims in a decade

It was an average of 19 claims per year and a loss amount of KRW3.2b per claim.
6 days ago

Philippines’ IC teams with IBP on free legal aid for claims

Last year the commission addressed 5,417 informal complaints.
6 days ago

Allianz Partners collaborates with MoneyHero for travel insurance

The policy is underwritten by Tokio Marine Insurance Singapore.
6 days ago

India’s non-life premiums see double-digit growth in FY’24

The industry is projected to grow 13% to 15% in the medium term.
6 days ago

AllianzGI expands footprint in China

The company received approval for its FMC business back in August 2023.
6 days ago

How insurance companies can embrace sustainability

A Sustainable Insurance Roadmap was made to guide companies on how they can incorporate sustainability into their strategies.
6 days ago

Korean Re notes potential growth of pet insurance amid low uptake

Whilst there is a growing demand for pet insurance in Korea, only 11.9% of households with pets availed of insurance.
6 days ago

Natural disasters steer Asia Pacific towards parametric insurance

Swiss Re gives importance to parametric insurance amidst challenges like basis risk and modelling complexities.