ASIC doubles down on pricing scrutiny with a new civil penal proceeding against IAG
August 25 2023 by Mithun Varkey
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NZ fire levy increase revised downwards amid funding review
- September 20
The levy hiked to 12.8% in July and Fire and Emergency New Zealand (FENZ) was set for an additional 5.2% increase to 2029. However, the government has revised the percentage to 2.2%.
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GIAJ guides Japanese insurers on cross-holdings, secondments and agency commissions
- September 20
The industry body has published a series of guidelines for the scandal-hit sector in response to the report of the "advisory panel on structural issues and competition in the P&C industry" which was published on June 25.
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Australian, UK regulators greenlight Ardonagh’s takeover bid for PSC
- September 19
The US$1.5bn scheme of arrangement to buy all the shares of the Australian broking group is now pending PSC's shareholders' and the court's approvals.
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Australia’s reinsurance pool led to a 21% fall in home premiums: study
- September 18
The study by an MIT researcher claims that public reinsurance is a cost-effective policy solution for rehabilitating insurance markets affected by catastrophic climate risks.
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PineBridge Investments | Why Asian insurers are exploring private credit and CLOs
The recent rollout of risk-based capital regimes across Asia calls for a closer alignment between insurers’ assets and liabilities. We explore potential ways to maintain a healthy investment yield and robust returns on regulatory capital.
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Peak Re | Emerging Asia middle class: A catalyst for change
Rising demand for elderly care and women driving consumption growth mandate carriers to develop precise solutions to meet customer expectations.
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Guy Carpenter | Private equity’s reshaping of the Asian life sector has further to run
PE-backed reinsurers provide access to asset classes and investment expertise that often don’t exist within the traditional carriers themselves.
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CCi | LEG3/06: A delay analyst’s perspective on defect exclusions
Tackling contentious issues by applying the learning from the industry’s collective experience is key to improving the claims experience, writes CCi’s Steven Horne.
