NewsAugust 7, 20263 min read
Less than half of disaster losses from 2015 to 2024 were covered by insurance. Asian insurers outperformed their European and North American peers on biodiversity measures, but the global insurance…
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NewsAugust 7, 20262 min read
Participating products made up 80% of premium volume across its five largest offerings by 30 July. Prudential Plc’s transition away from interest-rate-sensitive savings products in China is providing a strategic…
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NewsAugust 7, 20262 min read
CGS International expects pressure to persist through the third quarter of 2026. Investors face near-term volatility in Ping An Insurance’s new business value (NBV) growth during the second and third…
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NewsAugust 7, 20262 min read
Ground shaking and liquefaction affected residential, commercial and industrial property. Verisk estimates insured losses from the magnitude 6.8 earthquake that struck Japan’s Kumamoto Prefecture on 28 July will range between…
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NewsAugust 7, 20262 min read
Regalado formerly served as senior counsel for the consortium’s legal representative. The Philippines’ Insurance Commissioner Reynaldo Regalado has been placed under a six-month preventive suspension without pay whilst facing administrative…
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NewsAugust 7, 20262 min read
Property catastrophe renewals delivered broader protection during the June and July seasons. Record levels of global reinsurance capital helped insurers secure lower prices and better coverage terms during the mid-year…
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NewsAugust 7, 20261 min read
The insurer will rename the business after securing regulatory approval. QBE Insurance has fully acquired Raheja QBE General Insurance Company Limited (Raheja QBE), following approval from the Insurance Regulatory and…
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NewsAugust 7, 20261 min read
Annualised premium equivalent volume advanced 21% to $1.50b. Manulife’s Asia business reported net income attributable to shareholders of $768m for the second quarter of the year (Q2 2026), up 28%…
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NewsAugust 7, 20262 min read
AIA Group accounts for about 37% of the sector index and continues to support performance. Asian investment-grade insurance bonds have outperformed the broader regional credit market so far this year,…
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NewsAugust 7, 20261 min read
Beneficiaries need a completed form plus identification and banking details. Canara HSBC Life Insurance has introduced a simplified and fast-track claims process for policyholders affected by the floods in Assam.…
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