News

Updated assessment reveals higher earthquake risks in Australia

January 15 2025

Geoscience Australia's latest update identifies Darwin and Victoria's Latrobe Valley as regions with increased seismic hazard.

Fears that LA wildfires could pressure Australian insurance prices

January 15 2025

The economic loss estimates from the wildfires which are ravaging the Greater LA area are as high as $275bn.

RedRay becomes Everest Asia's first healthcare-focused MGA

January 14 2025

RedRay's appointment underlines Everest's strategic expansion into Asia's healthcare markets.

Gallagher acquires Wealth Management Partners in Australia

January 14 2025

Gallagher enhances its retirement and wealth protection services through acquisition of Perth-based business.

moodys-set-to-acquire-goespatial-real-estate-intelligence-firm-cape-analytics

Moody’s set to acquire geospatial data analysis firm, CAPE Analytics

January 14 2025

CAPE Analytics creates property intelligence analytics through computer vision, machine learning, and geospatial imagery for regions including Australia, The U.S., and Canada.

star-health-looks-to-double-bancassuarance-revenue-in-next-three-years-report

Star Health looking to double bancassurance revenue in next three years: Report

January 13 2025

Indian insurer says it aims to add 29 to 30 bancassurance partners by H1 2026.

university-of-hong-kong-urges-insurance-and-policy-advancements-amid-growing-climate-risks

University of Hong Kong calls for expansion of insurance solutions amid growing climate risks

January 13 2025

HKU Business School paper outlines ideas to turn climate risks into economic growth opportunities.

etiqa-to-sustain-underwriting-performance-despite-phased-liberalisation-of-fire-motor-lines-am-best

Etiqa to sustain underwriting performance despite market liberalisation of fire, motor lines: AM Best

January 13 2025

Ratings agency affirms ratings, with ongoing underwriting and pricing discipline expected to support strong operating performance.

WTW launches Asia cyber facility

January 13 2025

Underwritten by QBE and AXA XL, CyCore Asia launches for businesses in Singapore and Hong Kong, with plans for geographical expansion later this year.

tokio-marine-looking-to-raise-starting-grad-salaries-up-to-47-report

Tokio Marine looking to raise starting grad salaries by up to 47%: Report

January 13 2025

Japanese insurer looks to attract talent by increasing graduate pay.

AXA, AXA Tianping, and PICC sign MOU to support Hong Kong EV insurance growth

January 10 2025

Partnership aims to develop new solutions for new energy vehicles, while improving cross-border market.

IRDAI targets insurers over management expense breaches: Report

January 10 2025

Non-compliant insurers face meausres including mandatory capital injections and senior management incentive restrictions.

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