News Page 628 / 1318
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- December 15 2022
New Zealand 2022 extreme weather claims top US$216m
The country experienced “wave after wave of extreme wet weather” during the warmest and wettest winter on record.
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- December 15 2022
Indonesia wants nat cat cover for certified buildings after West Java earthquake
In November a 5.6-magnitude earthquake rattled the city of Cianjur killing more than 330 people and damaged thousands of homes.
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- December 14 2022
Gallagher acquires Aviation Insurance Australia
The aviation broker's MD Ian Tait and his team will stay in Brisbane and report to Paul Harvey, Gallagher's Australia specialisms MD.
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- December 14 2022
India’s LIC and state-owned general carriers could merge for better synergies: Jefferies
Global experience is in favour of composite insurers with benefits in terms of cross-selling, operational synergies and diversification, the report claims.
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- December 13 2022
Aditya Birla Group puts broking arm up for sale: report
India's Aditya Birla Insurance Brokers had placed US$590m in premiums in FY 2021.
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- December 13 2022
Affin sees February 2023 completion for Malaysia Generali mergers
Affin will own 30% of a larger business following the completion of the merger of the three businesses.
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- December 13 2022
China’s easing Covid norms to help non-life underwriting performance: AM Best
Non-life insurers in China posted a healthy 20% earnings growth this year till September.
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- December 13 2022
Hong Kong relaxes Covid travel curbs
The new rules, which will give visitors and travelers greater freedoms, start on Wednesday, December 14.
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- December 12 2022
Reliance seeks US$72m urgent capital infusion
The carrier is seeking the capital to preserve business, enhance value and improve solvency to 175%.
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- December 12 2022
AUB merges New Zealand broking arm with ICIB
ICIB BrokerWeb Insurance and Risk Advisory to be led by ICIB managing director Grant Milne and will be NZ's fifth largest broker.
