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Howden CEO says commercial rates should flatten this year - report
February 19 2024
In an interview with the FT, David Howden predicts increase in (re)insurance capacity and end to a 25-quarter hard market.
Gallagher Australia acquires mining sector specialist Ansin Insurance Brokers
February 19 2024
Acquisition of the Perth-based broker is Gallagher's first M&A activity of the year.
AXA XL names Chris Cheng as Head of Casualty Hong Kong
February 19 2024
Cheng joins AXA XL to take on the new role after nearly 13 years with AIG.
APRA introduces standardised terminology for large exposure reporting
February 19 2024
Standardised counterparty and exposure description lists aim to improve data quality and comparability.
Asean renewables sector boosted by Green Pool move
February 19 2024
Asean Renewable Energy Pool is a pivotal move to help insure and promote renewable energy development in a region highly exposed to the impacts of climate change.
India's Policybazaar eyes reinsurance market following licence upgrade
February 19 2024
In-principle approval for Composite Insurance Broker license signals a strategic move into reinsurance.
Oliver Kaufmann joins Munich Re Japan as Senior Underwriter for Property Treaty
February 16 2024
Kaufmann relocates from Switzerland to Tokyo following a decade with New Re.
QBE Insurance’s profit more than doubles on strong premium growth
February 16 2024
Despite challenges from inflation and catastrophe claims, QBE reports a significant profit increase and optimistic underwriting outlook for 2024.
Japan P&I Club withdraws Red Sea war cover
February 16 2024
Association said it issued a notice of cancellation after its reinsurers decided to terminate support for war risks.
Insurance Council of Australia labels Victoria's Valentine's Day storms a 'Significant Event'
February 16 2024
Storms left half a million without power and have led to nearly 10,000 claims so far.
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