AA Insurance fined US$3.8m for overcharging & misleading customers: report
October 8 2024 by Joana Nguyen
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Tower reports strong underwriting gains, COR falls to 79% amidst no major events
- November 28
The New Zealand insurer's turnaround was primarily due to no large cats in the financial year, driving its NPAT to US$49m up from US$4m a year ago.
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Coface New Zealand expands risk underwriting team with Allianz Trade hire
- November 27
Seif Nasser joins the trade credit insurer as a senior risk underwriter.
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New Zealand set to adopt modernised insurance law as bill passes third parliamentary reading
- November 14
The legislation will help protect consumers and provide certainty for insurers, ICNZ said welcoming the legislation.
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New Zealand central bank warns Quest Insurance over non-compliance
- November 12
Quest has acknowledged and remedied the breaches of its obligations and is in the process of implementing further risk management measure, RBNZ said.
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AXA XL | Low and no-cost cybersecurity actions for companies
Considering the increasing frequency of attacks, the evolving threat landscape, including the use of AI to launch more sophisticated attacks, companies today can’t afford to ignore the possibility of being targeted by cybercriminals.
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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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Sedgwick | To Handle CAT Claims Well, Multi-Step Preparation is Key
When it comes to risk, it’s not a matter of “if” it’s a matter of “when” an event will occur.
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HSBC Asset Management | Is it time to relook at Asian currency bonds?
With diversification and performance high on investors’ agendas, it seems a good time for global portfolios to revive allocations in Asian local currency bonds – including Hong Kong dollar (HKD) bonds.
