26 July 2024
Ardonagh's bid to acquire PSC is APAC's largest Q2 insurance M&A deal
ANZ dominates M&A activity in Q2, highlighted by AU$2.26bn (US$1.49bn) acquisition of Australia's PSC Insurance.
24 July 2024
Parametrix estimates CrowdStrike Fortune 500-related insurance losses at US$540m-US$1.08bn
Analysis estimates US$5.4bn in direct losses for Fortune 500 excluding Microsoft, with no more than 10 to 20% likely covered by cyber policies.
24 July 2024
Asia's financial lines rates drop 9% in Q2, commercial rates decline 3% overall
New data from Marsh shows a second quarter of falling commercial composite rates, with global rates stalling for the first time since Q3 2017.
24 July 2024
Pacific financial lines rates drop 12% in Q2 2024: Marsh
Financial lines fell for the fifth consecutive quarter, with commercial property rates declining for the first time since Q4 2016.