Sompo targeting US$1bn GWP from overseas business by FY 2026
November 28 2024 by Mithun Varkey
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IAG to acquire RACQ insurance business for US$555m
- November 28
The Australian insurer will enter a 25-year exclusive strategic alliance to provide the mutual's general insurance products and services for the members and Queenslanders.
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Sony Financial Group acquires Japanese digital insurer justInCase
- November 26
The acquisition is aligned with the group's strategy to look at the small-amount, short-term insurance businesses as a way to expand its customer base.
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Aon to acquire Mitsubishi Chemical Group’s in-house insurance agency in Japan
- November 26
The in-house team will transition to the broker's brand and operating model under the leadership of country head Tatsuya Yamamoto after the close of the transaction.
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Central Bank of India gets RBI nod to enter insurance business through JVs with Generali
- November 25
The approval is subject to continuous compliance with conditions stipulated by the Researve Bank of India and approval of the Insurance Regulatory and Development Authority of India.
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AXA XL | Low and no-cost cybersecurity actions for companies
Considering the increasing frequency of attacks, the evolving threat landscape, including the use of AI to launch more sophisticated attacks, companies today can’t afford to ignore the possibility of being targeted by cybercriminals.
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BHSI | Managing non-Asian exposure in long-tail lines
While US-exposed business can look attractive to Asian carriers, managing the volatility around the long-term results and the ability to model those losses are crucial, say BHSI’s Marc Breuil and Marcus Portbury.
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Sedgwick | To Handle CAT Claims Well, Multi-Step Preparation is Key
When it comes to risk, it’s not a matter of “if” it’s a matter of “when” an event will occur.
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HSBC Asset Management | Is it time to relook at Asian currency bonds?
With diversification and performance high on investors’ agendas, it seems a good time for global portfolios to revive allocations in Asian local currency bonds – including Hong Kong dollar (HKD) bonds.
