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News
Government to court international insurance firms to tackle high costs for businesses
5+ day, 8+ hour ago (55+ words) Business Post Government to court international insurance firms to tackle high costs for businesses LIV Golf files for bankruptcy protection as Saudi investors flee Amazon starts selling sterling bonds as AI boom grows Dublin Airport operating full schedule after UK…...
China’s insurers get only modest solvency lift
5+ day, 19+ hour ago (328+ words) RMB70b in fresh funding gives the groups more room for new business and investment. China’s Ministry of Finance plans to inject $10.4b (RMB70b) into five state-owned insurance groups to strengthen their capital bases and support future growth and investment. S&P Global Ratings…...
Hong Kong’s insurance boom is facing a financing test
6+ day, 14+ hour ago (748+ words) The Monetary Authority requires clearer explanations of financing works, risk disclosure, loan tenors, and repayment terms. For insurers and advisers, these trends are closely connected. As more wealthy families use Hong Kong to structure and manage intergenerational wealth, demand is…...
Calm loss year in APAC hides earnings pressure building beneath it
1+ week, 10+ hour ago (627+ words) Property catastrophe rates across Asia-Pacific fell 10% to 20% at January renewals, and combined ratios for major regional reinsurers stayed below 100% in 2025. On the surface, the APAC reinsurance market looks stable. Fitch Ratings, in its Asian Reinsurance Monitor, argues the surface is…...
Marsh taps FIS for new Japan reinsurance business CEO
1+ week, 4+ day ago (92+ words) intelligentinsurer.com - Marsh taps FIS for new Japan reinsurance business CEO Marsh has appointed a new chief executive officer for its Japan reinsurance business as it strengthens leadership of its operations in the market. To request a FREE 2-week trial…...
Chinese-heritage insurer targets Asian exporters in US debut
1+ week, 4+ day ago (453+ words) Insurance Business Chinese-heritage insurer targets Asian exporters in US debut Usurance has a Utah certificate of authority, no disclosed AM Best rating, and a stated intent to cover two segments where admitted capacity has been thin. For brokers with clients…...
Santam keeps underwriting on target despite R1.5bn claims
2+ week, 7+ hour ago (466+ words) Santam kept the underwriting margin in its conventional insurance business above the midpoint of its 5% to 10% target range in the first half of 2026, despite weather-related catastrophe losses and other large claims increasing from R144 million to R1.5 billion. Significant losses were incurred…...
The insurance workforce gap is already costing carriers renewals
2+ week, 4+ day ago (474+ words) Retiring adjusters and thin talent pipelines are straining carrier teams just as policyholders expect faster, more accurate claims payments A car gets totalled on a Friday night. Saturday morning, the policyholder calls to ask when her claim payment will land....
Tokio Marine invests in insurtech Kita to expand carbon insurance business
2+ week, 5+ day ago (460+ words) UK carbon insurtech company Kita has secured an undisclosed strategic investment from Tokio Marine Group and expanded its commercial partnership with the Japanese insurer. The investment was made through Tokio Marine & Nichido Fire Insurance Co. or TMNF. The deal builds…...
Insurer's year-long delay sinks most of its coverage case
2+ week, 6+ day ago (318+ words) An insurer sat on its coverage case for more than a year and lost most of it - but an appeals court kept one claim alive. Personal Service Insurance Company issued a car policy to a New York driver that ran…...