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.
Generali GC&C strengthens Asia presence with hires of Danny La (pictured left), as Head of Strategic Initiatives & Business Transformation, and Matthew Day (pictured right), as Head of Risk Engineering...
A surge in disaster-related claims alongside rising inflation across Australia has driven insurance premiums higher; the ICA is urging the government to implement measures to reduce risk and maintain affordability....
Responding to client demand for specialist engineering expertise, CTA appoints insurance veteran Alan Page as Executive Adjuster in Brisbane, Australia.