News Page 5 / 1266
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- May 26 2026
Lockton appoints Andrew Wansey as growth, client strategy leader in Australia
Sydney-based Wansey brings more than 30 years of experience, including 15 years at Marsh.
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- May 26 2026
GIC Re’s FY26 underwriting loss narrows to US$224m, COR improves to 104.66%
Carrier’s net profit for the financial year rose by 30% to top US$1bn, with GWP up at US$4.6bn.
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- May 26 2026
Levies on general insurers risk exacerbating insurance affordability pressures: ICA
Insurance Council of Australia (ICA) argues the general insurance industry should not subsidise misconduct claims by other subsectors of financial services under the Compensation Scheme of Last Resort (CSLR).
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- May 26 2026
Zurich’s US$11bn Beazley deal draws Australian antitrust scrutiny over ‘competitive overlap’
New mandatory merger control regime has prompted the the Australian Competition and Consumer Commission (ACCC) to examine whether the deal will affect the supply of specialty insurance products.
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- May 26 2026
Insurers warm to APAC nuclear boom as energy demand surges, reactor construction accelerates
Driven by industrialisation and data-center growth, Asian countries are turning to next-generation reactors and small modular units, prompting new insurance facilities and growing (re)insurance capacity.
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- May 25 2026
China floods trigger US$110m in losses as claims top 33,000
Insurers have paid out US$31m in claims following heavy rains across southern and central China, according to the National Financial Regulatory Administration.
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- May 25 2026
Howden hires FM veteran Manikandan Krishnamoorthy as regional director for risk and engineering advisory
Krishnamoorthy joins from commercial property insurer FM, where he spent more than two decades in roles across Bangalore and Singapore.
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- May 25 2026
Tower elevates Michael Skeens to chief operating officer
Former customer contact centre head will be responsible for leading the Kiwi insurer's operational hubs, teams, systems and processes.
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- May 24 2026
South Korea’s DB Insurance set to complete Fortegra acquisition
Insurer will acquire 100% of the outstanding shares of the US specialty carrier for US$1.65bn in an all-cash deal.
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- May 23 2026
Full Capacity: Japan’s big 3 make waves globally
This week's newsletter also discusses M&A updates, Munich Re's typhoon season predictions, political violence risks for APAC companies, Willis and Global Parametrics new parametric policy and ARPC's improved affordability for covers.
