News Page 79 / 1363
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- July 7 2026
APRA overhauls reinsurance framework to allow alternative cover, cut red tape
New regime, due to take effect from January, will modernise Australia's prudential framework, expand access to alternative reinsurance and give appointed actuaries greater authority over capital treatment, reducing regulatory approvals.
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- July 7 2026
Hong Kong’s first virtual insurer eyes Malaysia-led Southeast Asia push after hitting ‘critical’ US$100m revenue milestone
Life insurer Bowtie expects to break even 'quite soon' on the back of rapid growth and a 93% customer retention rate, co-founder Fred Ngan told InsuranceAsia News.
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- July 7 2026
New South Wales emergency services levy reform could save US$347m in economic costs, lower premiums: ICA analysis
Independent economic analysis released by the Insurance Council of Australia (ICA) shows reforms would deliver more money to over two million households, with most saving at least US$38 a year.
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- July 7 2026
Aon’s Reinsurance Solutions appoints Matthew Chae as L&H growth leader in South Korea
Seoul-based Chae has strong cross-border expertise and more than 20 years of experience across life insurance and reinsurance.
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- July 7 2026
Markel appoints Weng Fatt Tan as senior casualty underwriter in Malaysia
Kuala Lumpur-based Tan was most recenly head of liability at Berjaya Sompo Insurance.
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- July 7 2026
PCRIC makes second drought parametric payout to Tonga
Payout funds assistance following the arrival of drought conditions in Tonga's Niua island group.
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- July 6 2026
Australia’s competition regulator probes Allianz-nib travel insurance tie-up
Australian Competition and Consumer Commission launches a phase one investigation into the US$34.66m transaction.
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- July 6 2026
Niyam Group taps Ritesh Shah to drive India engineering, construction buildout
He joins after a long stint at Swiss Re in India.
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- July 6 2026
Aviso Specialty hires Kerin Rathgeber as trade credit head
Melbourne-based Rathgeber has more than 29 years of experience spanning trade credit, underwriting, broking, business development and strategic client advisory.
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- July 6 2026
Willis appoints Gary McMullen as senior director for workplace risk
Brisbane-based McMullen joins from Aon following a previous stint at Willis Australasia.
