News

New Zealand finalises Fire and Emergency levy rates

December 19 2024

The levy will rise by 2.2%, instead of an initially proposed 5.2%.

Ardonagh Group secures equity investment from Stone Point Capital

December 19 2024

The investment values the global broker at US$14bn and is anticipated to be completed in mid-2025, pending regulatory approval.

blue-cross-and-public-bank-sign-bancassurance-in-hong-kong

Blue Cross and Public Bank sign bancassurance agreement in Hong Kong

December 19 2024

The agreement provides Public Bank customers access to Blue Cross's TravelSafe Plus and HomeSafe Protection products.

ICA backs 78 recommendations from Australia's GI code review and flood inquiry

December 19 2024

Standardised policy clauses and a focus on vulnerable customers are key priorities for the industry, says the Insurance Council of Australia.

Agile launches marine division

December 18 2024

David Hughes to helm MGA's new division, which operates under its Lloyd’s Syndicate, AUS2427.

Vanuatu hit by 7.3-magnitude earthquake, widespread destruction reported

December 17 2024

The earthquake flattened buildings and caused disruptions to critical infrastructure, including power, communications, and diplomatic buildings.

Newline opens Hong Kong office

December 17 2024

The specialty (re)insurer has also appointed Carson Choi as Head of Financial Lines for Newline Hong Kong Services.

ARPC partners with University of Queensland on cyclone research

December 17 2024

3-year project includes research on how how insurance risk pooling can support individual and community resilience.

lockton-establishes-global-parametric-insurance-practice

Lockton forms global parametric insurance practice

December 17 2024

The practice brings together a team of experts, including scientists and modellers, across the U.S., Asia, Latin America, and Europe.

allianz-income-still-in-talks-but-no-guarantee-acquisition-deal-will-take-place

Allianz formally withdraws from deal with Income Insurance

December 16 2024

The withdrawal caps a contentious five-month period since the proposed takeover was first announced, during which the deal faced strong public pushback.

ICICI Prudential Life, RGA partner on 'first-of-its-kind' life product for women-specific health issues

December 16 2024

New insurance product in India offers up to 100% health cover amount for diagnoses, such as breast, cervical and uterine cancers.

Allianz withdraws from acquisition of Singapore's Income Insurance - reports

December 13 2024

Parties have struggled to find a solution that would satisfy government's conditions, say sources.

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