Despite two record nat cats in 2023, excess-of-loss reinsurance, strong capital adequacy, and inflation should provide stability and growth for NZ non-life market, though constrained reinsurance capacity...
A 2023 survey conducted by ASIC reveals considerable cyber security weaknesses in Australian businesses, prompting a rally call from the regulator for improved cyber practices.
Attack on KMAX Ruler, which was due to transport iron ore to China, led to a fatality and injuries to Filipino crew, prompting a sharp increase in marine war risk premiums.