News Page 18 / 1314
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- July 24 2026
HDI Global hires Byron Ernst as power and energy underwriter in Sydney
He was most recently an energy underwriter at QBE, having also worked for Chubb, Chase Underwriting and Strata Community Insurance.
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- July 24 2026
Opinion: Gargantuan data centres present one of the greatest opportunities for premium income in a generation
Fire-prone, water-guzzling, and tornado-vulnerable, these city-sized new builds - with their vast power demands - highlight a step-change in risk.
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- July 24 2026
Allianz strikes US$2.1bn deal for HSBC Life Singapore
Insurer will also enter into a 15-year exclusive distribution partnership with HSBC Singapore.
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- July 24 2026
New LMA clause voids cover for ships paying Strait of Hormuz transit fees
Clause was developed in response to concerns about applicable sanctions and terrorism legislation.
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- July 23 2026
John McLean rejoins QBE as senior claims officer
Sydney-based McLean previously spent nearly 12 years with QBE in claims officer roles between 2007 and 2019.
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- July 23 2026
Australia motor body calls out IAG’s ‘fig leaf’ remedy, urges ACCC to block RAC acquisition
IAG made a remedy offer in July to secure approval for its US$970m acquisition of the Royal Automobile Club of Western Australia’s insurance business.
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- July 23 2026
Indonesia’s Asei downgraded to BB+ by Fitch on capital strain, loss pressures
Weak capitalisation, reserve adjustments and credit insurance risks weigh as insurer works on recovery plan.
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- July 23 2026
Asia insurance rates decline 5% in Q2, led by cyber: Marsh
Property insurance rates fell by 5%, while casualty insurance rates declined by 3% and cyber insurance rates decreased by 8%.
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- July 23 2026
Pacific insurance rates drop 13% in Q2, led by property: Marsh
Region saw the steepest decline in rates globally for a second quarter running, according to Marsh’s Global Insurance Market Index.
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- July 23 2026
Australian gig economy specialist Protect Underwriting launches with Lloyd’s capacity
Sydney-headquartered MGA is backed by Lloyd's syndicate Apollo ibott 1971, with Pantheon Specialty as its London broking partner.