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Non-life
GIC Re board approves plan to set up UK subsidiary
February 5 2025
Move aligns with state-owned reinsurer's plans to diversify its risk portfolio.
Allianz, IAG to vie for acquisition of Western Australia’s RAC: Report
February 5 2025
Both firms are already waiting on regulatory approval for seperate acquisitions of similarly-profiled insurers.
ICA reports over 1,400 claims for North Queensland floods
February 5 2025
Townsville narrowly escapes major floods, but region still on alert for potential of more severe weather.
Bajaj Finserv still eyeing potential JV split with Allianz
February 5 2025
Bajaj Finserv currently holds a 74% stake in its joint ventures, while Allianz has a 26% stake.
Allianz Partners names Dominic Gantner as MD for Greater Southeast Asia
February 5 2025
Gantner to suceed Steve Watkins, who is retiring after 20 years with the business.
Singapore GI premiums rise 6.2% in Q3 2024 but underwriting profits fall for third consecutive quarter
February 5 2025
GWP of S$5.071bn fails to temper downward underwriting profit trend.
Market Lane launches Back Bay Professional Risks in Australia
February 5 2025
Lloyd's coverholder targets professional indemnity coverage for design, engineer, and acrchitecutre segments.
Wesley Roy returns to AON as Head of Property for ANZ
February 4 2025
He returns to the business after five years at Hollard Insurance.
Australian regulator exploring potential concerns over IAG, Allianz acquisitions
February 4 2025
ACCC investigating whether IAG-RACQ and Alliianz-RAA deals might lead to higher premiums, lower service standards.
Gallagher Bassett acquires marine claims specialist W K Webster
February 4 2025
W K Webster is headquartered in London, with offices in Singapore, the U.S., and the Netherlands.
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