Country: Pacific Page 65 / 103
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- November 4 2021
WTW appoints head of New Zealand
Auckland-based Michael Brown has been serving as interim country leader since May.
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- November 4 2021
AMP’s US$391m Resolution Life Australasia stake sale sees life exit
The deal represents a continuing movement away from insurance by Australia's banks.
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- November 2 2021
IAG raises FY 2022 nat cat claims estimate to near US$750m
The Australian insurer says its claims experience has been 'seasonally unexpected' amid recent severe storm and hail activity.
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- November 2 2021
Honan acquires boutique broker Modern Risk Solutions
The specialist firm services the emerging tech and life science spaces.
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- November 2 2021
Cover fine print key for Asia’s eager travelers
Travel insurance will need to be a far more nuanced offering post-pandemic.
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- October 29 2021
ICA declares catastrophe as South Australia hit by severe storms
Over 12,000 claims have already been filed with the number expected to rise and "substantial" crop losses expected.
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- October 29 2021
IAG faces up to ‘historical failures’ despite pushback on bonuses
A shareholder revolt greeted the insurer's executive compensation plans after posting a US$313m loss.
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- October 28 2021
Parima 2021: Institutional capital an alternative to traditional capacity
Aon's new Asia CEO cites ability of pension funds and sovereign wealth funds to provide the market with different options.
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- October 28 2021
NZ’s P&C stress tests highlight offshore capital reliance
Physical and transition risks from climate change will feature in future tests from the regulator.
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- October 27 2021
Suncorp sees up to US$370m nat cat claims in four months
The P&C player's full year natural hazard allowance is A$980m.
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- October 22 2021
McLardy McShane seals deal for Sydney Insurance Brokers
The purchase creates a new entity — McLardy McShane Dimou — with Dora Dimou joining from a local rival.
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- October 21 2021
Australia’s Covid BI appeals set for November
Policyholders have filed appeals on five of the 10 test matters before a federal court.
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- October 21 2021
New South Wales hailstorm triggers 2,000 claims: ICA
Losses are expected to run into the tens of millions of dollars.
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- October 21 2021
Asia’s cyber market needs to learn its limitations
Systemic attacks on critical infrastructure have been described as "beyond the industry's capacity to insure".
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- October 20 2021
Gallagher acquires New Zealand broker Matt Jensen
The North Island broker is a specialist in the forestry and transportation industries.
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- October 15 2021
IAG brought to Federal Court by ASIC over discounts
Regulator alleges a subsidiary engaged in misleading conduct over discounts for personal policies involving around A$60m.
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- October 15 2021
Asia’s combined September economic losses exceed US$30bn: Aon
The region was hit by a series of powerful storms and two earthquakes.
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- October 14 2021
Fusion appoints Gallagher exec as a managing partner
Katherine Simmonds joins the specialist MGA in Sydney.
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- October 14 2021
Australia’s P&C players told to up their risk game
APRA's deputy chair Helen Rowell describes BI issue as a “significant mis-step” by the country’s general insurers.
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- October 13 2021
Tropical Cyclone Seroja loss revised downward to US$290m: Perils
The nat cat data provider's initial estimates put the cost to the insurance industry at US$318m.
