Australian financial ombudsman tells Suncorp to scrap 60% home premium hike: report
October 22 2024 by InsuranceAsia News
-
New South Wales strata managers to phase out insurance commissions
- September 3
Move follows allegations in Australia last year that brokers and strata management firms were colluding to mislead clients by recommending more expensive policies and hiding cheaper offers from rival firms.
-
Australian MGA Lion Underwriting taps Chris Edwards to lead professional lines buildout
- September 3
Veteran joins from Steadfast Group-backed MGA Quanta Insurance.
-
Gallagher Re to acquire Steadfast Re in APAC expansion push
- September 2
Acquisition of the Steadfast subsidiary expected to close in Q4 2025.
-
Gallagher Australia taps Marsh veteran Alex Lumby as chief executive
- September 2
Lumby, who was head of Mercer Marsh Benefits and chief client officer of Marsh Pacific, will succeed Sarah Lyons, who relocated to UK earlier this year, a Gallagher spokesperson told IAN.
-
Peak Re | From climate modelling to market opportunity: forging a new clarity on Southeast Asia’s climate risk
With the insurance industry facing an inflection point, the new imperative is seen as becoming active creators of risk intelligence.
-
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.
-
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.
-
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.
