News

markel-group-to-acquire-marine-mga-meco-group

Markel to acquire marine MGA MECO

April 16 2025

Markel set to strengthen its marine insurance offerings, enhancing its presence in Asia Pacific and Europe.

Meiji Yasuda Life profit up 8% on yen drop, lower claims: Fitch

April 16 2025

The rating agency expects the insurer “to continue its strong recovery and return to pre-pandemic levels.”

climate-risks-push-650000-australian-properties-toward-uninsurability-report-warns

Climate risks push 650,000 Australian properties toward uninsurability in 2025, report warns

April 16 2025

Climate Council and Climate Valuation report that 4.4% of the country's housing stock is high risk, posing a threat to long-term insurability.

Tariff volatility casts credit shadow over insurers: AM Best

April 16 2025

AM Best highlights potential inflationary pressures and increased claim costs for insurers amid ongoing tariff disputes.

Vietnam general insurance market set to reach US$3.9bn by 2029: GlobalData

April 15 2025

The firm forecasts a 7% CAGR for Vietnam’s general insurance sector, driven by health, property and EV cover.

australia-ica-to-launch-motor-insurance-code-consultation-in-march

Australia extends consultation on insurer–repairer motor conduct code

April 15 2025

The Motor Vehicle Insurance and Repair Industry Code of Conduct Administration Committee extended the public consultation period by eight weeks to 23 June 2025.

Moody's upgrades Peak Re's outlook to positive on reduced contagion risk from Fosun

April 15 2025

Reinsurer's ratings affirmed, with Moody's spotlighting prudent underwriting, strong capital practices, and reduced risk from its majority shareholder.