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Boards and risk managers need to ensure that their insurance programs are calibrated. Insurers will need to navigate divergences across APAC’s legal and regulatory regimes in an era when cybersecurity…
Read article →Droughts can exacerbate disasters that follow, such as bushfires, said DAS. Australian insurers face up to a $29b risk from droughts, according to Digital Agriculture Services (DAS), an agriculture fintech…
Read article →New entrants are creating competitive tension amongst the insurers. The aerospace insurance market remains broadly stable as of the third quarter of 2026, but underwriters have reportedly become more selective…
Read article →It has low underwriting leverage and moderate investment risk, AM Best said. Union Medical Benefits Society Limited (UniMed) saw its underwriting performance benefit from premium rate increases and other portfolio…
Read article →Claims from Tier 3 cities continue to account for a significant share of claims outside metro areas. Cardiac claims from non-metropolitan locations in India have risen over the past three…
Read article →Some 52% now cite capital management as a key reason for buying cover. Insurers are increasingly using facultative reinsurance to manage capital, expand capacity and enter new markets as they…
Read article →She was most recently the insurer’s chief operating officer. Allianz Insurance Singapore has appointed Ong Bi Yung as chief executive officer, effective 1 October 2026. Ong joined Allianz Insurance Singapore…
Read article →They will jointly develop commercial and personal lines. Insurance distribution platforms bolttech and Bold Penguin are setting up joint commercial and personal lines offering agents, insurers, and embedded partnerships across…
Read article →He will implement Coface’s underwriting policies in the region. Coface has appointed Zach Spencer as head of risk underwriting for APAC, effective 1 October 2026. Spencer will relocate to Singapore…
Read article →It will offer foreign currency-denominated products in Labuan, Malaysia. Allianz Malaysia Berhad has incorporated its wholly owned subsidiary Allianz Labuan in the Federal Territory of Labuan, Malaysia effective 1 October…
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