News Page 16 / 1109
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- July 24 2025
Asia insurance rates drop 5% in Q2 2025, sixth straight quarter of decline: Marsh
Property rates down 5%, while casualty placements saw a 2% decline, and finpro and cyber rates fell by 7%, according to the broker's Global Insurance Market Index.
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- July 24 2025
Allianz Partners hires senior underwriter from Allied World
Hong Kong-based Juan Ibarra Santos has joined Allianz group's affinity and assistance business as a senior group underwriter.
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- July 24 2025
Pacific rates continue to decline, falling 11% in Q2: Marsh
Property rates drop by 13%, casualty falls 5%, while finpro and cyber see drops of 10%.
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- July 24 2025
New Zealand brokers’ association names new CEO
Katherine Wilson is currently head of advocacy at the Property Council of New Zealand.
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- July 24 2025
India’s state banks looking to unlock value from insurance ventures: report
In a review meeting last month, several banks shared their disinvestment plans with the finance ministry.
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- July 24 2025
QBE signs up Sure to distribute intermediated home cover in Australia
Australian insurer will no longer offer domestic householders’ insurance directly through its broker channel from the start of October.
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- July 23 2025
Munich Re CEO Joachim Wenning to retire, succeeded by CFO Christoph Jurecka
Wenning, who has been leading the reinsurer from 2017, will step down at the end of the year.
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- July 23 2025
Chubb’s Asia P&C premiums grows 7.5% to US$2.5bn in H1 FY25
The Japanese general insurance arm of the global insurer increased its NWP by 7% year-on-year to US$201m in FY24.
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- July 23 2025
Tower discontinues multi-policy discounts as efforts to fix errors falls short
Kiwi insurer says it had made significant investments to upgrade its systems and processes following regulatory action.
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- July 23 2025
Steadfast Group-owned Miramar ropes in AIG veteran Michael Mackenzie as head of underwriting technical services
Melbourne-based Mackenzie spent over nine years at AIG, having also worked for the likes of Allianz, Zurich, Chubb, and CGU.
