Budget includes several disaster aid and resilience measures, including NZ$28m (US$17.2m) for temporary housing for households impacted by Cyclone Gabrielle and the Auckland Flood.
Swiss Re echoes calls for closer collaboration between insurers and manufacturers to address emerging risks and underwriting challenges amid continuing growth of global EV market.
Executive Summary
• The El Niño–Southern Oscillation is a major driver of oceanic and seasonal patterns. In El Niño years, we typically see more tropical cyclone activity in the Western North Pacific,...
Westpac reportedly suing 43 insurers, including AXA, Allianz, and Zurich, over interpretation of insurance contracts related to AU$1.3bn 2020 AUSTRAC penalty.
AM Best affirms credit ratings and assigns Vietnam National Scale Rating of 'aaa.VN', with strong operating performance of reinsurer expected to continue.
