News Page 612 / 1163
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- August 11 2021
New Zealand’s ‘costliest’ tornado leaves a NZ$32m bill
The Insurance Council of New Zealand says NZ$24m of the claims were related to residential property.
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- August 11 2021
Comsure-WRI merger creates Austbrokers’ fifth-largest entity
The deal combines A$120m in annual GWP and over 70 employees.
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- August 11 2021
Asia’s cat bond market set for record year
More than US$1.5bn of cover provided as issuance increases 68% on 2020.
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- August 10 2021
Lloyd’s China eyes broker and product expansion
A new marine liability product is expected later this year.
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- August 10 2021
Suncorp’s FY 2021 profit increases 13.1% to US$760m
The insurer's nat cat allowance for the next financial year has increased by A$30m to A$980m.
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- August 10 2021
Allianz H1 2021 APAC profit up 37% to US$402m
Uptick partly driven by insurer's L&H business where operating profit jumped 46% to €279m.
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- August 10 2021
Dai-ichi Life’s Westpac deal highlights APAC ambitions
The deal consolidates the Japan firm's position as the market leader down under.
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- August 10 2021
Digit Insurance fundraise driven by solvency requirements, chair says
Founder Kamesh Goyal tells IAN the insurtech saw a 63% increase in GWP in Q1 2021.
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- August 10 2021
Former Lockton director sets up APAC agriculture broker
Stephane Baldanoff has established a Melbourne-headquartered start-up.
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- August 9 2021
World Bank’s IFC invests in Vietnam’s PVI Holdings
The World Bank's investment arm has bought 6.29% of the country's second largest P&C insurer from HDI Global.
