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- June 15 2021
Victoria flood losses to rise as ICA reveals over 10,500 claims
Suncorp and IAG breach nat cat allowances as Insurance Council of Australia declares catastrophe.
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- June 15 2021
Philippine insurance authority seeks comment on agriculture PPP
Insurers would need to reinsure a minimum of 10% of the risk with Nat Re.
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- June 14 2021
Nat Re underwriting profits rise on lower non-life losses
AM Best report notes the reinsurer maintains a moderate dependence on retrocession.
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- June 14 2021
Sri Lanka’s non-life market to veer away from motor
Fitch analyst tells IAN a vehicle import ban has created a shift toward other business lines.
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- June 11 2021
Cambodia resilient as general insurance grows 10.5% in 2020: report
The highest increases were seen in property and medical insurance.
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- June 11 2021
MLC Life taps QBE vet to head insurance claims down under
Andrew Beevors to become chief claims officer effective August 16.
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- June 11 2021
Australia underwriting agency 360 enters NZ acquiring TLC
The New Zealand insurance firm specialises in mobile plant, heavy machinery and forestry.
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- June 10 2021
Insurtech wefox targets Asia’s ‘high expectations’: CEO says
CEO tells IAN the region is an "obvious" choice for growth.
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- June 8 2021
CBA close to selling domestic P&C business–report
AFR report says IAG and Allianz are the frontrunners in the bidding for CommInsure.
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- June 8 2021
Qianhai Re appoints Weishu Fan as CEO
The former head of Munich Re’s Beijing branch has also worked for Zurich and Swiss Re.
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- June 8 2021
Swiss Re CorSo appoints Chubb exec to head Australia / NZ
Christine Bell will join the global insurer in August.
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- June 7 2021
Ever Given compensation being reassessed by Egypt authority
The Suez Canal Authority has revised its initial US$900m demand.
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- June 7 2021
Taiwan’s P&C players demonstrate resilience
Non-life market expected to grow 5-6% annually over the next few years with the motor sector playing a key role.
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- June 7 2021
Q&A: Hannover Re’s Michael Eberhardt talks BI and climate change risk
The Sydney-based MD also discussed key reinsurance trends affecting both Australia and New Zealand.
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- June 4 2021
East Asia summer cyclone activity to be ‘above normal’: Guy Carpenter
The number of formations is expected to increase 44% compared to the historical six-month average.
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- June 4 2021
New Zealand’s EQC secures ‘record-high’ reinsurance cover
Aon has helped secure a US$5bn agreement -- a much larger deal than 12 months ago.
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- June 3 2021
Sedgwick Australia makes four senior appointments
Leon Briggs, Emma Levett, Margot De Villiers and Johanna Agar handed key roles at the adjuster.
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- June 3 2021
Taiwan green-lights Taishin’s Prudential Life acquisition: report
The FSC has imposed conditions including retaining all of the insurer's existing employees.
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- June 3 2021
Japan’s life giants set for rebound after robust FY 2020 profits
Stable mortality margins helped Dai-ichi Life, Meiji Yasuda Life, Nippon Life and Sumitomo Life.
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- June 2 2021
Himalayan Reinsurance wins Nepal operating licence
The firm beat out four other applicants to join Nepal Re as the country's second reinsurer.