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Coalition expands Australian cyber offering with launch of excess cover
May 16 2024
Coalition enters Australia's excess cyber insurance market with limits up to AU$20m (US$13.4m) above primary layers.
"Totally un-reinsured”: Philippines’ main agricultural insurer faces US$1.52 billion nat cat exposure
May 14 2024
Urgent reforms and innovative insurance products needed to address agriculture risk in nat cat-exposed Philippines.
Tata AIG launches India's first satellite in-orbit third-party liability policy
May 14 2024
New policy offers coverage for third-party bodily injury and property damage amid India's ambitious space market growth targets.
Crawford Australia promotes Matt Donnelly
May 13 2024
Donnelly takes on new role as Head of Global Technical Services (GTS), Australia, having rejoined the loss adjuster in September.
Senate inquiry calls for government support to help address Australia's live music and festival insurance crisis
May 10 2024
Changing risk appetite have seen insurance premiums rise as much as ten times.
Australia's Guild Insurance has ratings affirmed as business shows improvement in expense ratio
May 10 2024
Insurer has seen fluctuations in operating performance in recent years.
Carbon credit insurer Oka enters Australian Market with Clima and PSC partnerships
May 10 2024
Oka announces international debut through partnership with carbon solutions platform Clima, with PSC Paragon helping to distribute the solutions.
Lockton Korea aiming to double sales by 2028 says CEO
May 10 2024
CEO Ben Son says business plans to double sales organically through focus on commercial risks including property, liability, and technology.
Ardonagh to acquire Australia's PSC Insurance for AU$2.26bn
May 8 2024
Anticipated acquisition confirmed in an ASX announcement, with AU$2.26bn (US$1.48bn) deal expected to be completed in late September.
ARPC warns about Australia's cyber terrorism insurance gap
May 8 2024
Exclusion of physical damage from cyber terrorism exposes businesses and has potential for (re)insurance industry backlash.
Arch Insurance Australia hires Michael Faulkner in newly created Distribution & Engagement Lead role
May 7 2024
Faulkner brings over two decades of Australian insurance industry experience to his new role.
Ardonagh Group closes in on PSC Insurance acquisition - reports
May 7 2024
AU$2bn (US$1.33bn) deal reportedly drawing closer, with some competitors said to have withdrawn over valuation concerns.
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