News Page 7 / 1175
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- December 12 2025
Rising cost of Queensland, New South Wales hailstorms creates ‘challenging months ahead’
Market has seen a high volume of claims across a widespread area, along with water ingress and related property damage, spanning domestic and commercial sectors.
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- December 12 2025
Manulife successfully completes re-domiciliation from Bermuda to Hong Kong
Insurer was the second after French rival AXA’s Hong Kong and Macau arm to apply for the new company re-domiciliation regime after it was introduced in May.
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- December 12 2025
Aon, HDI Global, Latitude Brokers, Sompo: 7 APAC insurance people moves of the week
Arch Insurance Australia, Chubb and China Re also made personnel changes over the last week.
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- December 12 2025
AM Best positive on New India Assurance amid ‘improving’ risk management
The rating agency has affirmed the financial strength rating of India's largest non-life insurer of B++ and its long-term issuer credit rating of bbb+.
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- December 12 2025
Australian broker Steadfast denies Blackstone approach
According to a report, the US private equity titan was considering making an AUS$4.6bn takeover bid for Australia’s largest insurance broker.
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- December 12 2025
Tai Po fire loss ‘managable’ for China’s Qianhai Re, AM Best says as it reaffirms ratings
Ratings agency cites Chinese reinsurer’s 'very strong' balance sheet and profitability.
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- December 12 2025
Opinion: A sinking feeling? P&I clubs needs to grasp the nettle, but choppy waters lie ahead
Volume of claims finding their way into the International Group of P&I Club’s (IG) pool has made many clubs twitchy after it suffered its worst year ever in 2024.
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- December 11 2025
Perth bushfires put lives and homes under threat, as Moody’s warns of a complex situation
Cat modeller says recent bushfires in New South Wales highlights the complexity of managing bushfires risk in Australia and the risk of secondary ignitions.
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- December 11 2025
Typhoon Odette survivors in the Philippines sue Shell seeking corporate liability for climate-related losses
The lawsuit, filed in London, argues Shell’s historic emissions materially intensified Super Typhoon Odette’s landing in December 2021.
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- December 11 2025
Arch Insurance Australia unveils key leadership appointments
Joe Donovan has been named deputy regional manager, while Marita Elliott has been promoted to head of underwriting operations and compliance.
