Australia’s strata insurance sector in ‘race to bottom’ as questionable practices abound: ACIL
April 18 2024 by Georgina Lee-
Asia insurance rates decline 3% in Q2 led by finpro and cyber lines: Marsh
- July 24
Rates drop for the second-straight quarter and widened from the 2% drop recorded in the first quarter. Led by D&O, finpro lines had the highest decline at 9%, while cyber rates declined by 6%.
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Pacific insurance rates decline 5% led by finpro, cyber and property lines: Marsh
- July 24
Casualty was the only line that saw a slight increase with the rates going 1% up, however, the lowest in many years, as capacity and competition increased from new and existing markets.
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Mitsui Sumitomo-backed Haven Underwriting launches in Australia
- July 17
Sydney-based MGA, founded by Barnaby Williams, will offer industrial special risk property cover.
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Axa XL expands Australian team with two senior hires
- July 12
Based in Sydney, Sugra Kaur has been appointed senior casualty underwriter while Melbourne-based Rhys Anthony has joined as senior claims specialist for property.