NewsAugust 10, 20261 min read
The capital injection will extend cooperation across several group subsidiaries. Carbon insurance specialist Kita today announced a strategic investment from Tokio Marine Group to support the expansion and security of…
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NewsAugust 10, 20262 min read
A faster low-carbon shift may disrupt markets whilst delay could deepen damage. Global insured losses from natural catastrophes are expected to keep pressure on the insurance industry unless insurers, regulators…
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NewsAugust 10, 20261 min read
The specialist helped secure the company’s licence during the setup phase. Sompo Life Re, Ltd. (Life Re) has established a new Bermuda-domiciled life reinsurance platform, supported by a multi-year service…
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NewsAugust 10, 20261 min read
The deal expands its footprint into Thailand, Malaysia and Vietnam. Allianz Global Investors (AllianzGI) has agreed to acquire UOB Asset Management (UOBAM) from Singapore-headquartered UOB Group. The deal will increase…
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NewsAugust 10, 20262 min read
The asset class helps match long-term liabilities in markets with scarce high-quality local bonds. Private credit investments held by major insurance companies across the Asia-Pacific (APAC) region remain at manageable…
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NewsAugust 10, 20262 min read
Domestic property damage underwriting profit collapsed 97.2% to HK$15.8m in 2025. The Hong Kong general insurance market’s total gross premiums increased by 8% year-on-year (YoY) to $14.1b (HK$108.5b) in 2025.…
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NewsAugust 10, 20262 min read
Poor risk assessment, unregulated hospital pricing, and claim rejections have kept combined ratios above 120% for five years. India’s health insurance affordability crisis is deepening, with over 70% of consumers…
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NewsAugust 10, 20262 min read
Nearly a quarter of respondents tapped savings to manage daily expenses. Only one in 10 Indonesians said they feel secure financially, despite an increase in the country’s overall financial resilience.…
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NewsAugust 10, 20261 min read
The total reached ₹202.80 crore for the 2025 to 2026 financial year. Ageas Federal Life Insurance has announced an annual bonus total of $21.4m (INR202.80 crore) for the 2025 to…
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NewsAugust 10, 20261 min read
The India hub will support broking operations, technology, analytics and client service. BMS, the independent insurance and reinsurance broker, unveiled the Global Capability Centre (GCC) in Mumbai. The company said…
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