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Estimated insurance payouts have exceeded RMB650m. Ping An Insurance has received more than 27,000 claims linked to Typhoon Dolphin, with estimated payouts exceeding $96.4m (RMB650m), as the insurer deploys resources…
Read article →Only 10 of 51 nonlife insurers belong to the disaster risk pool. A private-sector insurance pool for major disasters in the Philippines faced its first major earthquake in June, but…
Read article →Valuation gaps topped dealmakers’ concerns at 48%. Use of representation and warranty insurance in mergers and acquisitions (M&A) deals is expected to rise in 2026, which signals renewed dealmaker confidence…
Read article →Median return on equity reached 16.3% in 2025. Global reinsurers posted returns well above their cost of capital in 2025, marking a third consecutive year of outperformance as repricing and…
Read article →The insurer also plans to increase its financial advisor base to 2 lakh by FY 2030. Shriram General Insurance Company (SGI) reported net profit increase of 5% year-on-year to $13.1m…
Read article →Mainland customers may temporarily delay offshore purchases. Growing awareness of China’s existing tax rules on overseas investment income is expected to cause short-term volatility for insurers and banks in Hong…
Read article →In Australia, Mitti is adding a new commercial general liability and property insurance cover. Insurtech SafetyCulture Care has rebranded to Mitti Insurance. The Australia-based company announced plans to go global,…
Read article →Private life insurers raised their premium share to 43.3% in March 2026 from 38.2% four years earlier. India’s insurance penetration remains relatively slow despite economic expansion, but could be further…
Read article →Only 37% of Malaysians can fund living expenses beyond three months after an income disruption. Allianz Life Insurance Malaysia Berhad (Allianz Life) has launched a new critical illness plan, HealthCover…
Read article →Existing customers will keep their original policy terms whilst gaining access to expanded emergency assistance. The Singaporean business of travel insurance brand Travel Guard has completed its underwriting transition to…
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