News

acil-survey-exposes-deep-rooted-issues-and-calls-for-reform-in-strata-insurance-sector

Nationwide survey reveals systemic issues in Strata Insurance: ACIL

April 18 2024

Latest findings expose ongoing and new concerns with consumer watchdog advocating for a government-led inquiry.

Independent panel seeks public consultation on Australia's GI Code of Practice

April 18 2024

Panel inviting feedback from public and industry stakeholders on four key areas, including customer vulnerability.

Cyber specialist CFC acquires MGA Solution Underwriting

April 18 2024

CFC expands Australian footprint with latest acquisition.

Singapore launches Sustainable Finance Jobs Transformation Map

April 17 2024

Sustainable Finance JTM looks to better prepare Singapore's financial services sector for for sustainable finance opportunities.

gst-council-review-gst-exemption-for-reinsurance-post-elections-report

India's GST Council to consider reinsurance GST exemption after elections - report

April 17 2024

GST fitment committee proposes that reinsurance be exempt from 18% GST rate, with Council likely to discuss the issue from late June.

AXA Thailand looking to product diversification and M&A for growth - report

April 17 2024

Chief Exec Claude Seigne said the insurer is looking to increase its premiums 10% this year.

howden-launches-war-risk-cargo-insurance-for-red-sea-vessels-report

Howden launches war risk cargo product for Red Sea vessels

April 17 2024

Howden has quoted coverage up to US$150m per vessel, with Markel and Navium identified among the lead underwriters.

australias-bureau-of-meteorology-announces-end-of-el-nino

Australia's Bureau of Meteorology announces end of El Niño

April 16 2024

Neutral ENSO Conditions are forecast until at least July 2024.

Hannover Re sponsors first-ever cloud outage cat bond

April 16 2024

US$13.75m Cumulus Re is modelled by Parametrix and uses a parametric trigger to protect Hannover Re against cloud outage loss accumulation in its cyber portfolio.

bnp-paribas-to-buy-9-of-ageas-from-fosun-for-us777m

BNP Paribas to acquire Ageas stake from Fosun

April 15 2024

BNP Paribas said it will acquire 9% holding for €730m (US$777m), though Fosun HKEX statement suggests 8.19% stake sale.

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