News

Global investment firm nabs 9.99% stake in Shriram General Insurance

Shriram General plans to benefit from its global insurance expertise.

Global investment firm nabs 9.99% stake in Shriram General Insurance

Shriram General plans to benefit from its global insurance expertise.

Taiwan regulator amends financial reporting rules by insurers

The new amendment aims strengthen transparency regarding cyber security risk management.

Zurich General Takaful appoints new CEO

He is an industry veteran and accountancy graduate.

Quarantine insurance revived amidst rising COVID-19 cases in China

Financial pressure mounts following a recent surge in cases.

Sompo International opens Tokyo office

The firm has appointed Kenneth Reilly to lead the new branch.

Japanese non-life insurers suspends contracts for firms operating in Russia

The suspension comes after Russia designated Japan as ‘unfriendly’ last month.

Generali Hong Kong and ZA Bank embarks on bancassurance partnership

The partnership leverages both of the two firms' strengths.

Air India halts flight to Moscow over insurance concerns

Its new contract prohibits its aircraft from landing and taking off in Russia and Ukraine.

Insurance sector second most wasteful in digital ad spend

A survey reveals APAC companies waste around 41% of media spend.

LIC IPO expected share sales drops to $6.6b

Initial reports predicted that the Indian life giant share sales would be at $8b.

Regulator confirms new insurance player coming to the Philippines

It will establish both life and non-life insurance firms in the country.

Indian insurers starts fiscal year with premium hikes

Health and cyber saw massive premium increases this year.

Sun Life Indonesia deepens bancassurance partnership with CIMB Niaga

This will effectively extend the two companies current partnership until 2039.

Resolution Life sets up rep office in Singapore

The firm plans to use this as a launching pad into Asian markets.

Coface expands footprint in New Zealand

The trade credit insurer is opening a local branch in the country.

Hong Kong regulator warns public of fake insurer websites

The IA has notified the policies about the fake website.

Thai finance minister closes down two insurers over unpaid COVID-19 claims

They had their licences revoked after running out of money to pay their customers.