Business type

new-regulations-enhancing-focus-on-long-term-profitability-for-koreas-non-life-insurers-am-best

New regulations raising long-term profitability focus for Korea's non-life Insurers: AM Best

November 15 2024

AM Best maintains stable outlook for segment, reflecting long-term insurance growth and underwriting resilience, despite market challenges.

allianz-commercial-australia-promotes-church-to-general-manager-broker-distribution

Ben Church officially appointed General Manager Broker Distribution at Allianz Commercial Australia

November 15 2024

Church has served in the position in an acting capacity for the past six months.

AM Best upgrades MS First Capital's outlook to positive

November 15 2024

Singapore insurer's improved balance sheet strength and strong capital management named as key factors in the outlook revision.

Allianz, Income still in talks, but "no guarantee" acquisition deal will take place

November 15 2024

Separate exchange filings confirm parties continue to explore deal structure to potentially address Singapore government's concerns.

Envest acquires majority stake in Bendigo Insurance Brokers

November 15 2024

Regional Australian broker's team of 11 to join Envest's Aviso Group network.

New Zealand Parliament passes Contracts of Insurance Bill

November 15 2024

New legislation comes into effect in three years and consolidates several outdated insurance regulations into one cohesive framework.

insurer-accountability-on-asics-2025-enforcement-agenda

ASIC puts insurer accountability on 2025 enforcement agenda

November 14 2024

Australian watchdog puts "Failures by insurers to deal fairly and in good faith with customers" on key priorities list.

iccsc-unveils-new-action-plan-to-help-build-trust-in-singapores-insurance-sector

Singapore insurance conduct body unveils plan to help enhance trust in sector

November 14 2024

ICCSC plan includes initiatives to increase consumer awareness, improve policy literacy, and refine claims process.

Pen Underwriting announces retirement of influential liability expert Paul Belford

November 14 2024

Belford's retirement will see the end of a 13-year tenure at the MGA and a career which included roles at Chubb, Allianz, and Zurich.

Ageing workforce demands employees' comp rethink

November 14 2024

A dramatic increase in workforce age is heightening injury risk.

HDI Global expands ESG liability insurance worldwide

November 14 2024

Global rollout include new coverage options to address both social and governance risks under mounting regulatory scrutiny.

singapores-central-bank-chief-explains-why-capital-reduction-plan-in-income-allianz-deal-was-blocked

MAS chief explains why capital reduction plan in Income-Allianz deal was blocked

November 14 2024

Inconsistency with previous commitments was behind rejection of a proposed SG$1.85bn (US$1.38bn) capital reduction says MAS Chairman and Deputy PM Gan Kim Yong.

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