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Top news from the wider insurance industry, including major insurance trends, company news, and industry issues.
Insurance Australia Group (IAG) has announced that it is to sell its Asian businesses to Tokio Marine.
China’s insurance regulator has imposed nearly 600 fines on insurance entities in the first five months of this year.
Sompo International Holdings has announced the launch of its new European speciality platform.
Insurance premiums in Thailand are likely to rise higher than one trillion baht for the first time in 2020.
It has been reported that many more pet owners in Japan are buying insurance coverage for their furry friends than before.
The Financial Services Information Sharing and Analysis Center has announced the launch of a new group to share threat information among financial institutions.
The London and International Insurance Brokers’ Association (LIIBA) has announced a new overseas member.
South Korea’s Financial Supervisory Commission (FSC) is to lower entry barriers for reinsurers.
German insurtech start up Coya has received investment from the founder of PayPal in its latest Series A financing round.
Aon has announced that it has signed up to the UN Principles for Sustainable Insurance (PSI), becoming the first risk advisor and broker to do so.
Generali has announced a strategic bancassurance partnership with UniCredit Bank.