Non-life

munich-re-flags-asias-insurance-gap-as-doksuri-ranks-second-in-2023-nat-cat-losses

Doksuri second costliest nat cat in 2023 as Munich Re stresses importance of closing Asia's protection gap

January 9 2024

"Storms like Doksuri are likely to become more frequent" says Munich Re's Achim Kassow as reinsurer publishes 2023 NatCat report.

japan-new-year-earthquake-insured-losses-estimated-at-us6-4bn

Verisk: industry property losses from Noto Earthquake may hit US$3.3bn

January 9 2024

Verisk's initial data analysis predicts losses between US$1.8bn and US$3.3bn, which does not account for non-property or indirect losses.

howden-boosts-australian-equine-presence-with-second-acquisition-in-two-months

Howden expands Australian equine operations with second acquisition in two months

January 9 2024

Howden advances global equestrian broker ambitions with Silks insurance buy.

1/1 renewals: Risk challenges remain despite much smoother treaty negotiations

January 9 2024

A lower-than-average loss environment, a reduced inflationary environment. and diversification all helped keep rate rises in check.

PolicyStreet gains approval for Malaysian Takaful operations

January 8 2024

With LFSA approval, the insurtech expands into Takaful market to meet rising demand in Syariah-compliant insurance products.

Officials say India is moving closer to setting up its own maritime P&I club

January 8 2024

Potential of Indian P&I club continues to gain traction as the nation aims to grow and protect its shipping industry.

onedegree-group-promotes-michelle-ip-to-ceo-of-technology-arm

OneDegree promotes Michelle Ip to CEO of technology arm

January 8 2024

Ip named as CEO of OneDegree Global, while Robin Scott appointed as GM of OneDegree Middle East.

ICNZ names Whiting as President and Heath as Vice-President

January 8 2024

Amanda Whiting (pictured left), CEO of IAG NZ, takes over as ICNZ's President following Toni Ferrier's move to Marsh.

AM Best Affirms ratings for Hong Kong's Hong Leong Insurance amid commercial lines expansion

January 8 2024

AM Best affirms Hong Leong Insurance (Asia) Limited's A- ratings, reflecting strong performance and strategic business initiatives.

Howden appoint Deborah Thomasz as Regional Senior Manager, Financial Lines

January 5 2024

Howden has announced the appointment of Deborah Thomasz as Regional Senior Manager, Financial Lines. Thomasz, who possesses nearly 12 years of experience in the Financial Lines insurance sector, has...

Japan New Year earthquake insured losses estimated at US$6.4bn

January 5 2024

Despite losses, Moody's Japan and AM Best say credit impact on Japanese insurers will be manageable.

India reinsurance premiums shrink but life grows in 2022-23

January 5 2024

Following cuts to obligatory cession rates at GIC Re, reinsurance premiums shrink 12.17% in 2022-23 in India, says IRDAI.

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