Country: Australasia Page 72 / 109
-
- October 12 2021
Cigna APAC deal gives Chubb Korean A&H boost: AM Best
Asia-Pacific to account for 20% of global operations once the acquisition closes.
-
- October 11 2021
IAG, Suncorp review BI provisions after court win
The insurers have already set aside hundreds of millions of dollars to cover potential claims.
-
- October 8 2021
Insurers win landmark Australia BI Covid case
The closely watched trial examined issues such as disease definition, outbreak proximity and the impact of government lockdowns.
-
- October 7 2021
HDI boosts professional lines with two senior underwriters
Alexandra Fox-Slater and Luke Southwell join the specialty player from Chubb and Zurich, respectively.
-
- October 7 2021
Victoria earthquake claims rise to A$147m: ICA
9,850 claims have been lodged to date with insurers so far.
-
- October 7 2021
Australia’s nat cat costs on upward trajectory
Natural disasters cost Australia around A$38bn per year but this figure is set to rise significantly.
-
- October 4 2021
Charles Taylor appoints four managers in Australia
Glyn Lloyd, Gary Pahl, Gary Wilmot and Debra Kerr have all joined the loss adjuster down under.
-
- September 30 2021
Australia’s insurers ready for ‘sweeping changes’, ICA says
A plethora of wide-ranging reforms come online on October 1 following the Royal Commission's 2019 report.
-
- September 29 2021
Cover Genius: Sompo Asia leads US$72m Series C round
The Sydney-headquartered insurtech says GWP has tripled over the last six months.
-
- September 28 2021
NZ regulator takes swipe at credit card insurance
Financial Markets Authority says loss ratios are as low as 10% for the business line compared to 80% for health insurers.
-
- September 27 2021
Delta Insurance appoints NZ liability, specialty manager
Adrian Sweeney will report to Dinesh Murali, CEO of the underwriting agency's NZ operations.
-
- September 27 2021
NSW, Queensland floods loss estimate further revised downward
An initial A$1.06 billion hit has been lowered to A$751m.
-
- September 24 2021
APRA flags insurance capital framework as key priority
The regulator has pushed policy initiatives such as new offshore reinsurance rules to 2022.
-
- September 24 2021
New Zealand insurers profitable despite nat cats
Report shows wildfires have also contributed to major claims along with heavy rainfall.
-
- September 23 2021
Aon appoints new Australia CEO
Head of specialties Jenifer Richards is replacing James Baum on October 1.
-
- September 21 2021
New Zealand’s FMG appoints Suncorp exec as CEO
Adam Heath is set to start on December 20 and is replacing outgoing chief executive Chris Black.
-
- September 21 2021
ICA eyes cost of SME commercial lines
Outgoing National Insurance Brokers Association head Dallas Booth will lead a new advisory council.
-
- September 20 2021
Australia’s brokers to continue MGA expansion
Steadfast, Howden and the AUB Group have been increasing their presence but face more regulatory scrutiny.
-
- September 20 2021
Zurich mulls GI asset sale in Australia – report
Bloomberg says the disposal could raise a "few hundred million dollars" for the Swiss insurer.
-
- September 14 2021
BMS appoints senior financial lines duo in Australia
Guy Van Dugteren and Andrew McKenzie have joined from Gallagher and Aon and are both based in Brisbane.
