Four submissions covering business pack and interruption insurance, workers’ compensation, and cyber insurance have been lodged before a Parliamentary Joint Committee inquiry.
In terms of regional variation, Chinese and Southeast Asian insurers leaned more heavily on equity markets, while Japanese carriers led debt issuance. Australian insurers adopted a mixed approach, accessing...
Through generative AI, the system aims to streamline policy reviews, reinforce existing controls, and support consistency across multinational and captive programmes.
Korea led the region’s softening with a 17% composite rate drop, while Taiwan and Hong Kong SAR also posted double-digit declines, according to Marsh data.
