News

allianz-australia-merges-commercial-and-personal-injury-operations-under-single-leadership

Allianz Australia to merge commercial and personal injury operations

August 4 2025

Julie Mitchell will lead the new division as Chief General Manager of Commercial and Personal Injury.

Council of Australian Life Insurers urges government to legislate genetic testing ban in life insurance

August 4 2025

CALI's proposal includes regular legislative reviews to keep pace with rapid advances in genetic science and testing.

SMABTP, MACSF set to complete early buyout of Arundo Re

August 1 2025

The parties plan to close the transaction ahead of schedule by end-2025, pending regulatory sign-off.

prudential-settles-us83m-in-dividend-dispute-with-malaysian-partner

Prudential settles dividend dispute with Detik Ria over Malaysian insurance unit

August 1 2025

Prudential will pay US$83m and waive US$33m in debt owed by Detik Ria to settle all legal claims between the businesses.

markel-to-exit-global-reinsurance-market-to-concentrate-on-core-specialty-lines

Markel exits reinsurance business to double down on core specialty lines

August 1 2025

Nationwide will acquire renewal rights for Markel’s US$1.2bn Global Reinsurance book.

NorthStandard to open new office in Imabari, Japan

August 1 2025

Continued Asia expansion for P&I Club comes amid growing demand for localised marine insurance services in Western Japan.

perils-expands-scs-loss-reporting-to-japan-new-zealand

PERILS adds Japan and New Zealand to severe convective storm loss reporting

August 1 2025

PERILS’ expanded reporting will use ground-up data from insurers to cover property and motor losses in both countries.

Korean insurer Hanwha Life breaks new ground with first US securities firm acquisition

July 31 2025

The deal gives Hanwha Life a 75% ownership in the New York-based company, with the majority of shares purchased from Cerberus Capital Management.

Steadfast acquires Insurebot to streamline quote process

July 31 2025

Insurtech acquisition forms part of broker group's ongoing technology strategy.

japan-post-insurance-commits-2bn-to-global-atlantic-investment-vehicle

Japan Post Insurance finalises US$2bn investment in Global Atlantic reinsurance vehicle

July 31 2025

The reinsurance sidecar is expected to launch in the first half of 2026, pending regulatory approval.

aon-reveals-act-expansion-into-facultative-reinsurance-placements

Aon Client Treaty expands into global facultative reinsurance placements

July 31 2025

The expanded facility offers clients access to coinsurance capacity from 11 A+-rated Lloyd’s carriers across 19 business lines.

resolution-life-signs-japan-flow-reinsurance-deal-with-taiju-life

Resolution Life signs new asset-intensive reinsurance deal with Japan's Taiju Life

July 30 2025

Building on its block reinsurance transaction with Anshin Life in May, the new flow agreement reinforces Resolution Life’s expanding reinsurance footprint in Asia.

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