China: Low-carbon management standards launched for insurers

Published on November 13, 2023
China's first low-carbon management standards for the insurance industry, jointly drafted by China Pacific Property Insurance and the China Quality Certification Centre, were unveiled last week at
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Japan: Tokio Marine forms wholly owned disaster prevention and mitigation subsidiary

November 13, 2023
Japan's biggest P&C insurance group, Tokio Marine Holdings, has announced the establishment of Tokio Marine Resilience, a 100% owned subsidiary that will engage in disaster prevention and mitigation.

India: GIC Re posts fall in profits despite modest growth in GWP in Apr-Sep 2023

November 13, 2023
India's only locally-incorporated reinsurer, General Insurance Corporation (GIC Re), has reported a net profit of INR23,368.7m ($280.5m) for the half year ended 30 September 2023, a fall of 8.3% for