insurance

Lloyd’s offers $200m capacity for Hormuz hull risks

Lloyd’s offers $200m capacity for Hormuz hull risks

The facility also includes $200m for protection and indemnity risks and $200m for cargo.

QBE names O’Brien to lead Asia marine liability cover

He will be based in Singapore and report to British Marine portfolio manager Richard Inman.

Ransomware losses hit $5.3m as insurance payouts fall short

The average ransom demand reached $3.8m whilst actual payments averaged $1.5m.

How can insurers keep up with the clean energy boom?

About $165b in clean energy assets face rising climate exposure.

Hong Kong insurers shrug off crackdown fears: CGS International

CGS International says legal mainland Chinese purchases are not being targeted.

Income sells digital insurance platform to Embed Financial

The digital insurance platform was built inside Income over the past five years.

Hyundai Marine suffers insurance profit squeeze

AM Best says medical indemnity exposure left the insurer sensitive to claims trends.

Adults in Asia reject inheritance-first wealth planning: Manulife

Respondents expect 13 to 14 years late in life requiring support.

Allianz tops AI index as insurers chase tech talent

Specialists now account for 1 in every 50 roles across the sector.

South Korean insurers face new capital rule pressure

Fitch said overall buffers remain sufficient to absorb the changes.

Insurtech startups face squeeze as insurers build AI

Aviva Chubb and MetLife are developing artificial intelligence capabilities in-house.

Construction insurance gaps threaten project financing

Zurich said lenders may cut commitments when adequate cover is unavailable.

Japan fertility cases rise as insurance limits bite

Public cover allows up to 6 embryo transfers for women starting before age 40.

Pioneer Insurance adopts Whoscall to block scam calls

The insurer is the first in the Philippines to use Verified Business Number.

Singapore financial security sinks amid rising living costs

Only 11% felt very financially secure down from 22% in 2025.

Emirates travel cover launches amidst airspace closures

Passengers may be moved to alternative airlines at no extra charge.