IAG shrugs off Greensill litigation settlement with ‘quality result’, but US$2bn claims still loom
August 13 2026 by Aidan Gregory
-
Higher claims costs drag IAG’s FY26 earnings down 25%
- August 13
IAG paid out AU$12.4bn in claims in FY26, up from AU$10.2bn in FY25.
-
P&I club duo cancel war risk cover across Indian Ocean, Gulf of Aden, Red Sea
- August 12
Skuld and NorthStandard say vessels trading to, from, through, or within the affected waters will lose their war risk coverage from Sunday, with the cancellation applying to all fixed premium assureds.
-
QBE Australia’s business MD Elliot Hill to depart
- August 12
General manager for distribution Lorelle Hillman will take over on an interim basis.
-
PICC appoints veteran banker Tan Jiong as chairman
- August 12
He succeeds Ding Xiangqun, who becomes the new head of the National Financial Regulatory Administration.
-
Beazley | Clean marine: How aqua-innovators can ride the energy wave
Insurance is critical to clean marine progress, but new fuels bring risks traditional policies do not fully cover, presenting market players an opportunity to build new models.
-
PartnerRe | Dementia the protection gap insurers can no longer ignore
Unlike acute illnesses, dementia creates a long tail of financial need and its impact extends well beyond patients.
-
Sedgwick | Investing in people is shaping the future of loss adjusting in Asia
Sedgwick Asia says it is ready to meet the evolving challenges of Asia’s dynamic insurance markets.
-
PartnerRe | Understanding ageing in APAC: why perception, planning and protection don’t always align
Ageing is shaping finances, family dynamics and insurance needs of the caregiving ecosystem, but current product propositions and underwriting frameworks are not keeping pace with protection needs, finds PartnerRe survey.
