NewsAugust 12, 20261 min read
He will be based in Singapore and report to British Marine portfolio manager Richard Inman. QBE named Callum O’Brien as head of Protection and Indemnity (P&I), Asia. Based in Singapore,…
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NewsAugust 12, 20261 min read
The facility also includes $200m for protection and indemnity risks and $200m for cargo. Lloyd’s has announced the launch of a new marine war risk consortium aimed at providing additional…
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NewsAugust 11, 20262 min read
The treaty supports access to precision medicine through local insurers and takaful operators. Malaysian Reinsurance Berhad (Malaysian Re) and China Reinsurance Life Insurance Company Limited (China Re Life) have signed…
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NewsAugust 11, 20262 min read
The 2025 report found 85% of international students misjudged Australian living costs. Allianz Care has updated its Overseas Visitor Health Cover (OVHC) options in Australia, introducing a lower-cost policy named…
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NewsAugust 11, 20262 min read
The global market for wealthy individual insurance was valued at $103.5b in 2024. Asia-Pacific is set to be the fastest-growing region in the high-net-worth individual (HNWI) insurance market, with growth…
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NewsAugust 11, 20262 min read
Gross written premiums rose 4.8% to $5.8b last year. Malaysia’s general insurance industry reached a gross written premium of $5.8b (RM24.2b) in 2025, marking a 4.8% increase from $5.5b (RM23.1b)…
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NewsAugust 11, 20262 min read
Somantra studied 34,278 consumer conversations across 20 Australian insurers. Seventy per cent of detailed, specific insurance queries on artificial intelligence (AI) search engines in Australia fail to mention any corporate…
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NewsAugust 11, 20262 min read
Fitch forecasts major life insurers will hold enough capital to secure ratings through March 2027. Major Japanese life insurers are projected to continue buying foreign insurance companies to drive growth,…
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NewsAugust 11, 20261 min read
Adoption is rising as companies seek better decision accuracy. The digital insurance platform market is projected to register a compound annual growth rate of 10.7% from 2026 through 2035, pushed…
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NewsAugust 11, 20262 min read
Reducing costs increasing revenue and meeting regulations are emerging as key business goals. Asia-Pacific’s (APAC) property and casualty (P&C) insurers are expected to increase technology spending by nearly 14% in…
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