News Page 145 / 1219
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- June 20 2025
Further war rate adjustments expected amid intensifying Middle East conflict, Swedish Club warns
P&I club also anticipates increased focus on compliance-related issues in order to identify certain increased risk elements.
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- June 20 2025
FWD Group could launch Hong Kong IPO as early as this month
Reuters report follows news that FWD Group has passed its listing hearing in Hong Kong, implying that it could commence its IPO process shortly.
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- June 20 2025
Opinion: Specialty market set to be tested in the fire once again as Iran escalation evokes memories of Gulf War
Conflict between Israel and Iran is bringing back memories of the Gulf War, which was seen a key testing ground for the resolve of the marine market, with numerous attacks on ships.
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- June 19 2025
Marine insurers lift prices for Strait of Hormuz by 60% amid safety fears: FT
Cost of cover for a US$100m ship has risen from US$125,000 to US$200,000 since the start of the conflict between Israel and Iran last week, according to Marsh McLennan.
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- June 19 2025
Fitch upgrades QBE with reserve risk volatility set to ease, net income hits US$1.8bn in 2024
Rating agency upgrades insurer financial strength ratings of QBE Insurance Group's core subsidiaries to AA- (very strong), and QBE's long-term issuer default rating to A with a stable outlook.
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- June 19 2025
Wild weather claims surpass all of 2024 in just 5 months amid increasing severity, frequency: NRMA
Australian insurer says it received more than 32,000 wild weather-related damage claims in the first five months of 2025.
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- June 19 2025
Markel International appoints Muhammad Saber as operations manager for APAC
Singapore-based Saber joins from Liberty Specialty Markets where he was most recently operations team lead.
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- June 19 2025
Axa XL ships in QBE duo to boost Australia marine team
Ross Lawrenson joins as a senior marine underwriter and Sameen Naveed as a senior marine claims specialist.
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- June 19 2025
Global MGA United Risk completes acquisition of Australia’s Pinnacle Underwriting
Regional CEO Hayden Smith says the deal for the specialty facultative reinsurance MGA 'puts United Risk squarely within the top five largest MGAs in the world'.
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- June 18 2025
ACCC launches public review of IAG-RACQ deal, focuses on personal lines
The competition watchdog is conducting market inquiries as part of its standard merger assessment process.
