IAG hikes rates substantially in New Zealand and Australia
June 15 2023 by Andrew Tjaardstra
-
Insurers’ switch to risk-based pricing makes insurance unaffordable: RBNZ
- April 30
Climate change and rising reinsurance costs are prompting more insurers to switch to a risk-based pricing approach, but the Reserve Bank of New Zealand warns that this is also making property insurance unaffordable and leave customer underinsured.
-
Sure raises Northern Queensland residential strata cover to AU$20m to improve access
- April 12
The move is expected to allow body corporates and lot owners who have been challenged by affordability or under-insuring their complexes to access "alternative strata premium offerings", the insurer said.
-
Stability the goal as D&O market emerges from years of pricing volatility
- April 11
While the directors & officers market in Asia Pacific remains as diverse as the markets in the region itself, there is a clear demand for certainty around pricing.
-
Asian W&I market gears up for a deal rebound but soft market persists
- March 13
Though valuation mismatches remain a hurdle to a full recovery in M&A activity, underwriters in the region believe that rates may have bottomed out and there will soon be a normalisation in pricing.
-
WTW | Building resilience against emerging risks in Asian realty sector
WTW’s Ben MacCarthy, head of real estate, hospitality & leisure, Asia, and Jennifer Tiang, cyber leader, Asia, discuss the real estate industry’s sectoral risk landscape and the emerging role of proptech.
-
FM Global | Resilience: No longer a choice
As climate disclosure becomes mandatory and new risks emerge from natural hazards, understanding the tools that are available to build resilience is more important than ever.
