Swiss Re Institute projects that renewable energy could generate up to $26bn in insurance premiums in underwriting year 2030 amid increasing investment in greener energy.
The Insurance Authority (IA) of Hong Kong has launched a Whitepaper on Federated Learning and unlocking Innovation in the insurance sector. IA plans to propagate balanced regulation and development and foster resilience and sustainability.
The Australian insurance industry and country's financial regulators have initiated discussions to identify ways to drive regulatory efficiency and productivity across the general insurance sector in line with the federal government's productivity agenda.
Major life insurers in Japan are reported to be set to swap low-yield domestic bonds for higher-return issues in the second half of the fiscal year ending March 2026.
Bajaj Finserv, one of India's largest and most diversified financial services groups, has announced the rebranding of its insurance businesses as Bajaj General Insurance and Bajaj Life Insurance, with immediate effect, marking a significant milestone in the journey of these insurance businesses.
South Korea's second largest non-life insurer DB Insurance will acquire 100% of the outstanding shares of the US based specialty insurer The Fortegra Group for KRW2.3tn ($1.65bn).
Leading global investment firm KKR has acquired Japanese insurance distributor Hoken Minaoshi Hompo Group. This is expected to accelerate the insurance distributor's growth strategy and unlock new value, including through organic and inorganic growth strategies such as sales enablement and bolt-on acquisitions.
There is a critical gap between retirement aspirations and readiness, with social connections emerging as an unsung hero for a fulfilling later life according to a new survey AIA Live Better Study.
Global businesses are seeing the effects of increasingly frequent extreme weather, but many are missing opportunities to fully protect against it, according to a new report by commercial property insurer FM.
The Insurance Council of Australia (ICA) has responded to all five Productivity Commission interim reports with recommendations to boost economic efficiency.