News Page 492 / 1211
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- March 20 2023
Carriers brace for property claims as bushfires spread across Australia
A heatwave has sparked dozens of fires that have impacted multiple properties across WA, SA and NSW with claims inevitable.
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- March 17 2023
Indian trade credit specialist Origin ties up with AU Group to expand offering
The partnership will help the Indian carrier offer coverage for political risk, non-payment, bankruptcy and insolvency.
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- March 17 2023
Zurich, Etiqa among insurers bidding for Selangor takaful scheme
Four insurers, including Takaful Ikhlas and Takaful Malaysia, have applied to manage the accident insurance scheme that will cover six million residents.
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- March 17 2023
Asuransi Astra to maintain strong capital, reports robust numbers: AM Best
The rating agency has assigned an A- (excellent) rating to the company with a stable outlook
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- March 17 2023
Opinion: Lloyd’s investment losses flag risks for Asian (re)insurers
The US$3.6bn hole in the market's 2022 results and current banking turmoil show the need for carriers to revisit their portfolios and reassure investors.
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- March 17 2023
Axa XL strengthens Asia marine team with two senior level promotions
The insurer has named Itono Hakim as head of marine hull and aviation and Woei Chi Tan as hull practice leader for the region.
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- March 16 2023
ICA calls for 10-year disaster funding over worsening extreme weather
The insurer body wants the government to extend the US$133m per year programme into a rolling scheme.
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- March 16 2023
Honan snaps up New Zealand’s Certus Insurance Brokers
Certus has 15 employees operating across offices in central and regional Auckland and is part of the NZbrokers network.
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- March 16 2023
Ping An P&C combined ratio rises to 100.3% in 2022
The Chinese carrier saw premium income grow 10.4% year on year to US$43bn.
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- March 16 2023
PetSure gets general insurance licence in Australia
The pet health company already had an underwriting agency which provides pet cover.
