MSIG Asia has penned a strategic partnership with MGU RiskPoint to advance the Asia Pacific region's renewable energy insurance market.

New Zealand-based insurer Tower Limited has announced that current chief financial officer Paul Johnston will take over as interim CEO from 13 February 2025.

P&I club Gard has expanded its product portfolio in Japan to include marine and energy risks, including hull and machinery, war risk and loss of hire.

Global Parametrics has partnered with rural social commerce platform Frontier Markets to provide parametric drought insurance to women smallholder farmers in India.

The Australian Consumers Insurance Lobby (ACIL) has called on the federal government to reinvest surplus funds from the state-backed cyclone reinsurance pool into initiatives that aim to reduce insurance premiums for northern Australian residents.

Sompo Insurance Thailand has launched a parametric flight delay solution for its travel insurance customers in partnership with assistance firm Collinson.

Price Forbes has bolstered its footprint in Singapore with the appointment of Alex Davies as director of its newly launched power, downstream and renewables specialism.

As part of Everest’s international growth strategy and continued expansion in the Asia Pacific region, Everest Insurance recently launched its Australia operation with offices in Sydney and Melbourne.

Multinational beverage company JDE Peet's has sponsored parametric weather insurance pilots for coffee farmers in Vietnam, in partnership with MSIG Vietnam and insurtech Hillridge.

AM Best has maintained its stable outlook for India's non-life insurance segment, citing growth prospects as a result of regulatory initiatives and rising demand for insurance.