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Indian life insurer Tata AIA sets up offshore branch in GIFT City 

Through this branch, Tata AIA will offer US dollar-denominated life insurance solutions targeted at non-resident Indians (NRIs).

AIA Singapore, SUSS launch Minor in Insurance Fundamentals programme  

The joint initiative is set to commence in January 2025, with enrolment beginning later this month.

WIU launches new insurance products for trucking industry on Joshu platform 

The new products include small fleet truckers occupational accident insurance and truckers inbound travel insurance.

Woori to buy life insurers Tongyang and ABL for $1.16bn 

This move is reportedly expected to significantly expand Woori’s non-banking business.

Landus launches new health coverage programme for farmers 

The programme aims to provide affordable and comprehensive healthcare options to farmers nationwide.

West Monroe plans to double down on insurance investment 

The company aims to enhance its insurance sector offerings through strategic investments in talent and technology.

YA Group secures majority investment from THL to spur growth

The deal, whose financial details remain undisclosed, is anticipated to be finalised in late 2024.

King Risk acquires waste management insurance specialist Exclusive Programs

Exclusive Programs offers an array of expertise, including commercial insurance, surety, risk management.

UK’s TBIG picks majority stake in BEAM Insurance parent JPM Group

This acquisition is the eighth for TBIG this year and follows a previous 49% stake purchase in March last year.

Zurich Singapore appoints new head of Accident & Health 

Ooi will head underwriting, portfolio management, and proposition development in the A&H sector.