Country: Pacific Page 82 / 103
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- June 19 2020
NZ’s EQC secures US$4bn reinsurance programme
The placement via Aon is considered a significant milestone given the country's earthquake risk.
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- June 19 2020
CBA seeking GI exit in Australia: report
The bank has been downsizing its insurance assets over the last few years.
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- June 17 2020
Fitch neutral on QBE’s US$400m capital notes request
The Ossie giant wants the capital notes to count as equity on the balance sheet.
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- June 16 2020
Billions on the line as BI wording goes to trial
Test case could speed up the resolution of disputes for firms including Arch, MS Amlin, QBE and Zurich.
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- June 12 2020
Leaked documents show market cooperation with Adani mine
The invoices involve major (re)insurance players but several firms are downplaying involvement.
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- June 10 2020
Gallagher snaps up Australian construction broker
The US-headquartered firm is back on the acquisition trail.
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- June 8 2020
Bushfire Commission issues warning to Australia’s market
The government, insurers and scientists look to address the country's huge climate risks.
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- June 5 2020
FWD seals US$300m deal, CEO hails Indonesia as a “priority market”
The HK major announced the acquisition of Australia's Commonwealth Bank's division in 2018.
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- June 4 2020
Munich Re’s Farny on preparing for future risks
The APAC exec reflects on growth opportunities, pandemic coverage, BI claims and typhoon season.
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- June 4 2020
Former QBE exec becomes Cover-More interim CEO
Cara Morton has replaced Hanno Mijer this week.
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- June 3 2020
Australia’s P&C market suffers 533% Q1 profit drop
Over US$600m of losses occurred from both nat cat claims and falling investment returns.
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- May 29 2020
Tower CEO Harding axes 108 jobs, says “digital is the future”
The move is aimed to ensure a "long-term sustainable business" for the Kiwi insurer.
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- May 29 2020
Australia and New Zealand nat cat bill shoots to US$3.5bn
Insurers are still dealing with multiple recent disasters alongside Covid-19.
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- May 29 2020
People round-up, May 29: Canopius, Markel, GC, Liberty, Swiss Re
Pek Hui Zhi's appointment as Asia terrorism underwriter at Markel is one of several moves.
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- May 27 2020
Australia’s bushfire commission commences
Climate scientists, IAG and a government committee teamed up for the first day of hearings.
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- May 26 2020
Tower Insurance to simplify corporate structure
Three companies are to amalgamate under one entity.
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- May 26 2020
QBE faces US$75m loss from BI claims
Hospitality firms in the UK have hired a law firm to pursue claims against Aviva and QBE.
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- May 22 2020
IAG invests multimillions into climate data platform
Understanding climate change risk is a key goal for Australia's (re)insurance market.
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- May 20 2020
Australia’s brokers target Asia
The country's firms have long been behind US and UK rivals in the region.
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- May 19 2020
Insurance Council of Australia appoints ex-CBA exec as CEO
Outgoing CEO Rob Whelan to step down after ten years.
