News Page 47 / 1302
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- May 14 2026
MS&AD completes acquisition of 18% equity stake in Barings
MS&AD had struck a deal in November to acquire the stake, worth US$1.44bn, from MassMutual, Barings' US parent.
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- May 14 2026
Nepal drought triggers US$100,000 parametric payout to farmers
First-of-its-kind payout in Nepal, which was as designed by Global Parametrics, benefitted 405 people.
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- May 14 2026
Victoria bushfires claims tally hits 4,700 amid ‘long road to recovery’: ICA
January's bushfires were the worst for the insurance industry since the 2019-20 season known as Black Summer.
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- May 14 2026
Tasmania presses ahead with scaled-back TasInsure plan
Insurer will be set up as a government-owned, not-for-profit statutory authority rather than an insurer as was proposed earlier.
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- May 14 2026
Tokio Marine open to more ILS deals ‘if there’s any room’, as Kizuna Re highlights strong earthquake demand
Latest outing raised US$100m in Singapore, with assistant manager for global reinsurance, Ken Oka, telling InsuranceAsia News that the insurer has studied issuing catastrophe bonds in Hong Kong.
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- May 14 2026
India’s insurance premiums grew 9.86% to US$83.8bn by November: IRDAI
Non-life insurers, in particular, collected a gross direct premium of US$23bn, representing a year-on-year growth of 8.29%.
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- May 13 2026
Axa XL launches prevention unit, led by global CUO Libby Benet
Its fifth business unit, alongside Americas, APAC and Europe, UK and Lloyd’s and reinsurance, reflects the company's commitment to prevention, risk insight and client partnership.
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- May 13 2026
Howden names Alaric Lee as Hong Kong CEO, replaces Singapore-bound Alfred Sham
Sham will relocate to Singapore to take on the role of chief strategy officer for Asia.
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- May 13 2026
India launches US$1.5bn maritime insurance pool, issues first war risk policies
GIC-administered Bharat Maritime Insurance Pool provides H&M, cargo, P&I, and war-risk cover for Indian-flagged or controlled vessels and voyages to or from India.
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- May 13 2026
Ardonagh continues to strengthen Asia leadership with Jason Anthony appointment
He will lead Ardonagh’s efforts to build a pan-Asian MGA at scale.
