Humanoid robot insurance has transitioned from an experimental niche to a specialised sector backed by significant policy momentum. As the Chinese government ramps up its high-tech initiatives, the insurance industry is moving in lockstep to secure the future of "embodied intelligence."
The Australian Prudential Regulation Authority (APRA) has applied an additional A$2m ($1.4m) capital requirement to Sovereign Insurance Australia (SIA), an MGA.
Liberty Specialty Markets, part of Liberty Mutual Insurance Group, has appointed Ms Winsee Cheung as Divisional Director, Delegated Authority Practice.
International specialty (re)insurance marine MGA Rokstone has appointed Ms Jackie Lan as Underwriter to its Singapore team.
As tension escalates amidst the ongoing war in the Gulf, the General Arab Insurance Federation (GAIF) urges stakeholders to consider alternative solutions to strengthen the sector's capacity to deal with war risks.
Persian Gulf states have experienced material damage from retaliatory Iranian missile and drone attacks, following the commencement of hostilities between the US, Israel, and Iran on 28 February, according to a report released by Guy Carpenter, a Marsh business and leading global risk and reinsurance specialist.
DB Insurance announced that it had obtained regulatory approval to establish a subsidiary as part of its acquisition of US-based specialty insurer Potegra.
Sun Life Vietnam is estimated to have retained over 70% of the voluntary retirement insurance market share in Vietnam in 2025, underpinned by a strong financial position and a long-term investment strategy in the local market.
The global reinsurance market is continuing to soften, with noticeable rate reductions seen in key 1 April renewal regions across Asia and India, according to a recent report by Guy Carpenter, a Marsh McLennan business and leading global risk and reinsurance specialist.
Reinsurers are adopting a 'client-by-client' approach for 1 April renewals, amdist the ongoing Middle East armed hostilities, according to a report published by Howden Re.