AA Insurance fined US$3.8m for overcharging & misleading customers: report
October 8 2024 by Joana Nguyen
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Gallagher Insurance NZ acquires Auckland-based brokerage 2Insure
- October 7
Gallagher Insurance New Zealand continues its expansion with the acquisition of the licensed insurance brokerage and financial advice provider, which was founded by David Lim in 2014.
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IAG New Zealand fined record US$11.4m for misleading customers
- October 6
New Zealand's largest insurer admitted overcharging 269,000 customers US$20.4m, according to the Financial Markets Authority.
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Market Lane launches specialty reinsurance MGA
- September 30
The Lane Re will offer facultative solutions to the Australian and New Zealand commercial property market, said group CEO David Porteous.
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Tower replaces IAG as Westpac New Zealand’s underwriter
- September 26
Tower will underwrite Westpac’s house, contents, car and vehicle insurance products for an initial term of five years starting from July 1, 2026.
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Peak Re | From climate modelling to market opportunity: Forging a new clarity on Southeast Asia’s climate risk
Southeast Asia's protection gap: a crisis of clarity, not just capital
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BHSI WICare+ | Accelerating Payments, Empowering Recovery
Launched in cooperation with Steadfast’s Singapore network, WICare+ fills the gaps found in traditional coverage and keeps businesses and their workforce secure by covering up to SG$350,000 in medical expenses per claim.
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BHSI | Managing non-Asian exposure in long-tail lines
While US-exposed business can look attractive to Asian carriers, managing the volatility around the long-term results and the ability to model those losses are crucial, say BHSI’s Marc Breuil and Marcus Portbury.
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Allianz General | Allianz General combines innovative protection solutions while powering social good to lead Malaysian market
The insurer proactively addresses emerging risks and evolving customer protection needs while giving back to the community.
