Improving underwriting results and turn around in investments see QBE's IFS and IDR ratings affirmed even in the face of higher nat cat costs and weaker performance in North America.
Howden Group acquires controlling interest in Sydney-based HQ Insurance to reinforce its global bloodstock insurance capabilities in the equine sector.
Insurers and consumers in New South Wales are set to benefit from the reform, with estimates of potential premium reductions up to 15% for home owners and up to 23% for businesses.
Improved profitability, fueled by returning demand from mainland Chinese customers, and strong solvency ratio cement FT Life's ratings, despite uptick in risky assets.
