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Non-life
Gallagher takes full ownership of Philinsure
March 11 2025
Gallaghers transition from minority stakeholder to full owner of the commercial (re)insurance brokerage.
JBA introduces Australian flood risk model
March 11 2025
The launch comes as states of NSW and QLD see severe flooding due to ex-Tropical Cyclone Alfred.
Claims from Cyclone Alfred continue to rise, now exceeding 22,000
March 11 2025
Claims from NSW likely to spike as residents return to assess damage.
PIB Group expands APAC reach with acquisition of Litica
March 11 2025
MGA specialises in litigation insurance and has a presence in Australia and the United States.
Commercial broker satisfaction in Australia declines, particularly among SMEs: Vero
March 11 2025
Brokers generally remain valued, but proactive engagement is needed to support smaller clients.
Fairfax India announces CFO transition
March 11 2025
Amy Sherk promoted to CFO of Fairfax, with Debbie Chalkley stepping in as CFO for Fairfax India.
South Korea identifies US$790m in insurance fraud cases in 2024
March 11 2025
The FSS plans stricter oversight, awareness campaigns, and collaboration with authorities to combat evolving fraud schemes.
Japan P&I Club announces personnel changes in underwriting, branch management teams
March 10 2025
The Japan P&I Club's leadership changes takes effect on April 1 and July 1
Insurers receive over 9,000 claims following ex-Tropical Cyclone Alfred
March 10 2025
Number of recorded claims rises sharply since Sunday with 90% of claims so far from Queensland.
Ping An Hong Kong partners with Collinson on SmartDelay parametric travel delay insurance
March 10 2025
The insurer expands parametric travel coverage with automated lounge access and flight disruption compensation.
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