As China continues to lead the way globally in producing and selling new energy vehicles (NEV), the trend has spurred a sixfold increase in related insurance premiums for this segment in just the past ...

Perils AG has revised its insured loss estimate to AUD1.61bn ($1bn) for Christmas storms in Australia in 2023. This is the ...

As of December 23, 2024, seven insurance companies have collectively acquired stakes in 18 publicly listed companies, marking ...

On December 20, the Financial Regulatory Administration issued the "Notice on Extending the Transition Period for the ...

The Office of Insurance Commission (OIC) has revamped motor insurance regulations for the first time in nearly 20 years, with a pilot run to be launched next year. The changes include charging ...

Public-Private Partnerships (PPP) are touted as the ideal catastrophe risk management and financing solution. In reality, the execution of this strategy in Asia is still far from being the success it ...

Hong Kong’s Bowtie received its virtual license as a full-stack life insurer in 2018 and has been quietly building momentum in a fiercely-crowded marketplace since then.

The outlook for the insurance industry’s Kai Men Hong remains uncertain. Many industry insiders are expressing pessimism about the anticipated Kai Men Hong results for the new year.