News Page 12 / 1363
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- October 28 2026
IAG reaches settlement with White Oak over Greensill claims
Financial terms were not disclosed, but the insurer says it is the last remaining proceeding in the Federal Court of Australia.
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- October 28 2026
APAC powers marine insurance growth amid soft market as China consolidates dominance: IUMI
APAC accounted for 30.8% of the US$42.6 billion global marine insurance market in 2025, according to International Union of Marine Insurance (IUMI) data.
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- October 28 2026
Baltimore Bridge claim, geopolitics set to push P&I reinsurance costs higher as Lockton forecasts 5% average increase for 2027
With large increases expected at the upcoming group reinsurance renewals, International Group of P&I Clubs will have to strike a balance between general increases and capital returns, Lockton says.
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- October 28 2026
FM to offer 10% premium offset on 2027 renewals following record-low losses
The US$855m resilience credit program supports clients' action on recommendations involving climate hazards and operational exposures.
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- October 28 2026
Lockton expands in New Zealand with Wellington office, Marsh and WTW hires
Broker appoints Felix Ukaegbu as general manager of the new office and James Earwaker as client director for financial lines.
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- October 28 2026
Envest Agencies rebrands, hires Belinda Steedman as CEO
Business will become Orvia Australia and New Zealand as parent firm Ardonagh rebrands its global MGA businesses to Orvia Underwriting.
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- October 28 2026
Sompo APAC’s consumer business targets sustainable expansion as regulators push market discipline
Division is strengthening its position in markets such as Thailand and China, expanding beyond motor into health, personal accident, and travel, while also scaling regional distribution partnerships, Bill Zhang, president of consumer lines for APAC, tells InsuranceAsia News.
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- October 27 2026
S&P revises Allianz Japan outlook to positive following group ratings revision
Ratings agency affirms its AA long-term issuer credit and financial strength ratings for AGCS Japan.
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- October 27 2026
Chaucer names Jay Bae as APAC lead underwriter for agriculture
Singapore-based Bae joins from Swiss Re, where he was most recently the head of agriculture for Southeast Asia, Australia, New Zealand, Japan and South Korea.
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- October 27 2026
Halliwell acquires New Zealand’s Maynard Marks to expand Asia Pacific presence
Acquisition of one of New Zealand's leading property and building consultancies expands Halliwell APAC's existing suite of specialist services, supporting insurers, reinsurers, brokers, legal firms, property owners, and public sector organisations.
