News

Parametric insurance market set to hit $51.3b by 2034

Asia-Pacific will be the fastest-growing region.

BNP Paribas sells AG Insurance stake to Ageas for $2.2b

BNP Paribas said the deal is expected to close in the second quarter of 2026.

S&P cites ongoing group backing for Sing Re’s stability

The agency noted that the guarantee only applies to reinsurance obligations.

IndiaFirst Life signs bancassurance deal with DNS Bank

This is DNS Bank’s third major tie-up in the life insurance segment. 

Mitsui Sumitomo Insurance takes 12.5% stake in W. R. Berkley

MSI expects to complete its full investment in the first quarter of 2026.

Aon taps 40-year market veteran for ReSpecialty property team

He will report to Dustin Fabbian, senior broker of Aon’s property leadership team.

Uninsured subcontractor error exposes limits of marine survey contracts

An architect supplied incorrect information to the marine surveyor.

Tata AIA funds beat benchmarks with strong five-year returns

Tata AIA’s assets under management rose 20.81% year-on-year.

Howden brokers Ping An–Dhipaya pact for Thailand EV cover

It also aims to help Chinese EV brands address key overseas challenges.

Swiss Re targets $4.5b group net income for 2026

It seeks an L&H Re net income of $1.7b next year.

HDI Global names Peter Schraa as head of marine in Singapore

Schraa is tasked with further developing the insurer’s marine portfolio in the city.

Prudential unit files IPO to sell 9.91% stake

It has filed a Red Herring Prospectus for the IPO.

Robust capital enables AIA to absorb volatility amidst China expansion

AIA’s capital buffer is expected to remain strong through 2027.

Portfolio remediation helps Bao Minh restore underwriting margins

Despite facing underwriting losses in 2024, its overall earnings stayed positive.

Reinsurance strength helps CTPI HK absorb major fire losses

AM Best projects that CTPI HK’s capital position will remain solid.