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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 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 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 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.
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