Leon Briggs, Gary Hurle, and Jake Carter form new loss adjusting venture with a focus on commercial, liability, construction, and financial losses in the New Zealand and Pacific Island markets.
Charles Taylor's Asia team surpasses 300 specialists with Matthew Cao appointed as MD of Southeast Asia alongside 10 other hires in Singapore, Hong Kong, and Malaysia.
ICA report says building codes which mandate new homes can withstand extreme weather could save the nation an estimated AU$4bn per year, drastically reduce the cost of climate change to homeowners.
Despite capital losses in 2022, global rating agency AM Best affirms ratings and maintains stable outlook for the government-designated surety underwriter for general contractors.
Despite a 10% decrease in capital and surplus, DSI maintains very strong risk-adjusted capitalisation and plans to diversify its underwriting portfolio, while reducing offshore reinsurance.
GlobalData projects a compound annual growth rate of 11.3%, driven by growth in construction and energy sectors as well as rate increases due to frequency of nat cat events.
