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Insurance news provides updates on industry trends, regulations, and innovations. It covers topics such as new insurance products, market developments, and insights into risk management, offering valuable information for policyholders and industry professionals alike.
Cefor Report: Aging Global Fleet Contributing to Rising Insurance Claims
The Nordic Association of Marine Insurers (Cefor) has released its 2024 hull and machinery coverage report, highlighting key trends in...
Read morePrudential Regulation Authority Seeks Feedback on Proposed Reforms to Matching Adjustment Regime
The Prudential Regulation Authority (PRA) has initiated a consultation on proposed reforms to the Matching Adjustment (MA) regime, aimed at...
Read moreInsurers Urged to Modernize Amidst Talent Shortages, Says Bain & Co.
Taiwan's insurance sector saw a 3.1% year-on-year (YoY) increase in combined pre-tax profits, reaching NT$60.5 billion ($1.82 billion) by the...
Read moreChina’s Financial Regulator to Raise Insurance Funds’ Stock Investment Limits
China’s financial regulator has announced plans to increase the proportion of insurance funds that can be invested in the stock...
Read moreGallagher Re Reports Increased Capacity and Flexibility for Reinsurance Buyers
Gallagher Re has observed a notable increase in capacity and flexibility for reinsurance buyers during the 1 April renewal period,...
Read moreInsurance Brokers Association of India Announces New Elections
The Insurance Brokers Association of India (IBAI) has announced the election of Mr. Narendra Kumar Bharindwal as its new president....
Read moreJapan’s Insurance Giants Seek Growth Through Reinsurance and Overseas Markets
As domestic growth opportunities for Japan’s insurance industry remain constrained by a shrinking and aging population, Japanese insurers are increasingly...
Read moreGeneral Insurers Support Efforts to Position Australia as Regional Financial Hub
The Insurance Council of Australia (ICA) has expressed strong support for the Liberal-National Coalition’s recent initiative aimed at boosting economic...
Read moreZhongyuan Agricultural Insurance Reports Strong Profit Growth, Supported by Cost Controls
Fitch Ratings has highlighted that China-based Zhongyuan Agricultural Insurance Co. (ZYIC) has demonstrated significant financial improvement, driven by effective cost...
Read moreMDRT Sponsors 29th Asia Insurance Industry Awards, Supporting the Growth of Financial Professionals in Asia
SINGAPORE, April 7, 2025 /PRNewswire/ — MDRT (Million Dollar Round Table), The Premier Association of Financial Professionals®, has announced its...
Read moreRecent Posts
Talanx Group Reports $683M Net Income for Q1, Surpassing Expectations
Talanx Group has posted a preliminary consolidated net income of $682.52 million (€604 million) for the first quarter of 2025,...
FUW Insurance Launches New Commercial Division to Expand Market Presence
FUW Insurance Services Limited has officially launched a new division, FUW Commercial, as part of its strategy to broaden its...
Thailand’s OIC and NESDB Collaborate on Weather-Index Insurance for Farmers Affected by Natural Disasters
The Office of Insurance Commission (OIC) and the Office of Agricultural Economics (OAE) have announced their collaboration to advance a...
ABI Confirms David Otudeko as New Director of Regulation
LONDON, UK — The Association of British Insurers (ABI) has appointed David Otudeko as its new Director of Regulation, following...
Auckland Insurance Adviser Sentenced for $775,000 Fraud Scheme
AUCKLAND, New Zealand — A former financial adviser has been sentenced after pleading guilty to orchestrating a large-scale insurance fraud...
Asia-Pacific Commercial Auto Insurance Market to Grow at 3.2% CAGR
The commercial auto insurance market in the Asia-Pacific (APAC) region is expected to see steady growth, with a compound annual...
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