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News
Kakao Pay long-term overseas stay insurance more than doubles subscribers in a year
3+ week, 17+ hour ago (375+ words) Overseas illness claims account for 79% of payouts Local re-enrollment rate hits 20% with easy extension The number of policyholders enrolled in Kakao Pay's long-term overseas stay insurance more than doubled in a year, the company said Monday. Demand has expanded beyond…...
China’s insurers get only modest solvency lift
5+ day, 20+ hour ago (328+ words) private domestic share placement.S&P Global Ratings said the additional RMB70b ($10.4b) represented only...
The terrorism exclusion clause brokers rarely explain just became relevant twice
2+ week, 5+ day ago (860+ words) Insurance Business The...terrorism exclusion clause brokers rarely explain just became relevant twice Australia had three terrorism...overrides terrorism exclusion clauses in commercial property policies has been formally triggered just...a declaration does – and what it does not do automatically…...
APRA's chair just linked AI to cyber risk. World's top regulator just said the same thing
2+ week, 3+ hour ago (221+ words) Launching APRA's 2026-27 Corporate Plan at a media conference on 19 August, chair John Lonsdale told reporters that rapid developments in frontier AI had further heightened the cyber threat facing APRA-regulated entities, listing it alongside geopolitical risk as one of the biggest…...
Singapore life insurance sales rise 21% as only half feel future-ready
1+ week, 6+ day ago (560+ words) Only 49% of Singaporeans feel prepared for the next decade even though 76% have already taken steps to...
Transamerica grew individual life sales 54% in H1 - and it is just getting started
3+ week, 4+ day ago (805+ words) Insurance Business...Transamerica grew individual life sales 54% in H1 - and it is just getting started 100,000 agents,...
Parametric insurance just paid out for a coral reef for the first time in the US
2+ week, 6+ day ago (202+ words) The damage assessments that followed weren't only about homes, roads and crops....
A top AssuredPartners dealmaker just took the wheel of a rival, PE-backed broker
4+ day, 6+ hour ago (307+ words) Line that up next to Third Wave's hire and a broader picture emerges: private equity is no longer just...
Another rate hike, just for insurance: Five questions for the ECB
1+ week, 13+ hour ago (687+ words) By Dhara Ranasinghe and Stefano Rebaudo LONDON, Sept 7 (Reuters) - The European Central Bank is widely expected to hike interest rates on Thursday, erring on the side of caution as the U.S.-Iran war drags on, keeping oil prices high and raising…...
Asia insurance tech raises $600m across just eight deals
3+ week, 6+ day ago (361+ words) Two mega-rounds supplied $500m of regional funding. Insurance technology (insurtech) startups in Asia raised $600m across eight deals in the second quarter of 2026, according to data from CB Insights, as the region accounted for roughly a tenth of the 107 insurtech deals recorded…...