Japan: GIAJ members post 1H2023 ordinary profit of over US$5bn

Published on September 21, 2023
The 29 members of the General Insurance Association of Japan (GIAJ) posted a combined ordinary profit of JPY767bn ($5.17bn), calculated as the sum of underwriting profit and investment profit,
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Trium Cyber announces opening of London office

September 20, 2023
US-based Trium Cyber, a Lloyd’s of London cyber specialist, has announced the opening of its London office to write coverage for clients based outside of the US.Trium Cyber’s London office will be headed by Amie Watson as Head of International Underwriting.The new office will be writing excess layer direct and facultative reinsurance cyber coverage for the European, Australian, Canadian, UK, Middl

India: Regulator sets up steering committee for Bima Sugam portal

September 21, 2023
The IRDAI has reportedly set up a steering panel to act as the apex decision-making body for the development of its ambitious platform, Bima Sugam. The launch of the platform has now been rescheduled