Fitch has identified correlated aggregation risk as the key near-term concern for specialty insurers, even as the agency maintains a broadly contained ratings outlook.
Ahead of the ACCC's Phase I review decision next month, IAG's renewed bid to secure regulatory clearance for RAC Insurance has drawn fresh opposition from Australia's motor trade body.
Legacy insurer has named Mark Fleiser as managing director of its new Australian operation, following the acquisition of a local insurer and a legacy portfolio from Zurich.
The agreement reinforces cooperation in priority areas, including climate and energy security, Indo-Pacific infrastructure, and critical minerals to boost cross-border investments and exports in strategic...
