Non-life

extreme-weather-impact-on-australian-economy-has-tripled-over-the-last-30-years-ica

Australia's insured losses from catastrophe weather events triple to 0.7% of GDP over 30 years: ICA

August 19 2024

Despite a sharp increase in premiums, insurers' profits remain stagnant due to escalating natural catastrophe losses.

oliver-wyman-appoints-paul-ricard-as-apac-head-of-insurance-and-asset-management

Oliver Wyman promotes Paul Ricard to APAC Head Of Insurance And Asset Management

August 19 2024

Ricard moves from New York to Sydney for the new role.

Hanwha General Insurance has ratings affirmed amid efforts to scale digital subsidiary

August 19 2024

AM Best affirms Hanwha General Insurance's ratings while highlighting its efforts to expand Carrot General Insurance.

australias-general-insurance-industry-ica-produce-expert-report-best-practice-standard

Insurance Council of Australia releases Expert Report Best Practice Standard

August 16 2024

The new guidelines were developed after customers and consumer advocates voiced concerns about expert reports being unclear, putting “non-experts at a disadvantage.”

kb-indonesia-assigned-b-good-fsr-bbb-good-long-term-icr-by-am-best

AM Best assigns KB Indonesia's ratings, expects improved stability with rise in premiums, motor business

August 16 2024

KB Indonesia has been assigned ‘B++’ (Good) FSR, and ‘bbb+’ (Good) Long-Term ICR by AM Best.

seadrif-endorses-yoshihiro-kawai-for-new-initiative-director-position

Yoshihiro Kawai formally appointed as SEADRIF Initiative Director

August 16 2024

Kawai takes on dual roles to fortify SEADRIF's impact on disaster risk finance and governance.

Chinese digital insurance broker Leading Group to go public via SPAC merger

August 16 2024

The merger with Healthcare AI Acquisition Corp on the Nasdaq will value Leading Group at approximately US$430m.

igloo-looking-to-parametric-and-personal-cyber-to-fuel-southeast-asia-insurance-growth

Igloo looks to innovative solutions like parametric and personal cyber to fuel Southeast Asia insurance growth

August 16 2024

The insurtech is betting on technology to upend markets in the region.

delta-nz-names-sian-mullane-as-senior-property-underwriter

Delta NZ names Siân Mullane as Senior Property Underwriter

August 16 2024

Mullane joins following over five years with Chubb.

Jubilee General Insurance's ratings downgraded amid elevated domestic economic and political risks

August 16 2024

Despite logging a five-year average weighted 93.9% COR, AM Best downgrades ratings due to heightened economic, political, and financial system risks in Pakistan.

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