Insurance
International General Insurance secures approval for India reinsurance branch
International General Insurance secures approval for India reinsurance branch
The branch will be based in GIFT City, India’s operational international financial services centre.
Cover Genius powers Traveloka cancellation cover
Australian customers can now add protection during the booking process.
AIA launches legacy framework as wealthy families delay plans
Fewer than 40% have assigned family responsibilities or decision-making roles.
Magnitude 7.8 quake widens Philippine insurance gap
Insurers generally have less exposure in Mindanao than in Manila.
Hong Kong insurers face sales drag from China clampdown
Mainland visitor policies historically account for about 30% of life sector new business.
Igloo deploys AI travel insurance sales channel in Indonesia
It handles discovery to policy issuance in single conversational flow.
Korea P&I faces volatility risk from large claims over near term
AM Best said the club’s small capital base leaves earnings exposed.
Hong Kong Insurance Authority tightens commission rules as HKMA raises pressure
Banks, financial institutions selling long-term policies face prorated pay expectations.
Coface appoints James Yau to lead Southeast Asia push
Yau will be based in Singapore and will start the role from 5 June 2026.
Allianz Partners buys nib travel insurance assets
The transaction still needs regulatory approval in Australia and New Zealand.
Singapore finance employers to cut jobs in Q3 2026
ManpowerGroup linked weaker plans to consolidation and optimisation.
How can insurers keep up as private market bets grow?
Only 23% are confident systems can handle complex portfolios.
Liberty General launches cyber cover amidst system failure risks
Approved incident counsel removes retention for incident coach services.
Taiwan life insurers sell 363,831 spillover contracts in Q1 2026
First-year income from these products reached NT$24.32b.
China Life outpaces rivals with 17% inflow rise
Its Southbound inflows were highest growth amongst Chinese life insurers.
Cambodia premiums rise 3% as life claims jump in March
Gross cover reached $8b whilst general lines carried most insured value.
This week in insurance: AI hiring jumps, TikTok enters distribution, Manulife launches India JV
Foreign workers in Vietnam working under contracts covered by state social insurance.
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Claims delays reshape customer loyalty patterns in Indonesia insurance sector.
