Financial lines

Zurich Malaysia and GXBank agree 10-Year bancassurance partnership

May 6 2024

New partnership will offer microinsurance for Malaysia's underserved, starting with cyber crime protection in Q3.

Australia's commercial segment seeing increased capacity and stabilisation in rates: Gallagher

May 5 2024

Stabilising rates, competitive market, and cyber and regulatory changes are creating new dynamics in Australia's insurance industry.

NZ Medical Indemnity's ratings upheld as strategic shift boosts performance

May 3 2024

AM Best affirms ratings, though disestablishment of district health boards could cause challenges.

Ciaran Morrissey promoted to Lead Cyber Underwriter at DUAL ANZ

May 2 2024

Morrissey promoted just a year after moving to Sydney to join DUAL Australia.

australian-mga-agile-receives-in-principle-approval-for-new-lloyds-syndicate

Agile Underwriting receives final Lloyd's approval for Syndicate 2427

May 1 2024

Agile Underwriting Services Syndicate 2427 has received final approval to begin underwriting this month.

Crawford promotes Stephen Stafford to Head of Forensic Accounting Services, Australia

May 1 2024

In his new role, Stafford will lead a team of 17, focusing on delivering loss adjusting services across lines such as BI, cyber, and liability.

HDI Global Specialty appoints Richard Upton as Head of Financial Lines for New Zealand

April 30 2024

Upton moves following nearly 10 years at Zurich NZ, most recently as Financial Lines & Casualty Underwriting Manager.

Asia's commercial insurance rates see first decline in six years

April 29 2024

In Q1, Asia's commercial insurance rates fell 2%, according to data from Marsh.

singapore-smes-showing-a-decline-in-cyber-risk-awareness

Cyber risk awareness and protection levels fall among Singapore SMEs in past year

April 26 2024

QBE survey reveals a decline in cyber awareness and protection among Singaporean SMEs, contrasting with Hong Kong's rising vigilance.

2024 global elections stir concern among Singaporean business leaders: Beazley

April 25 2024

2024 Geopolitical Risk Snapshot reveals 82% of Singaporean business leaders fear global elections will impact their ability to trade internationally.

marsh-reports-10-decline-in-pacific-financial-lines-rates-in-first-quarter

Marsh reports 10% rate decline in Pacific financial lines in Q1

April 24 2024

In the first quarter of 2024, commercial insurance rates in the Pacific region fell by 2%, while financial and professional lines declined for the fourth consecutive quarter.

TSMC estimates US$92.44m loss from Hualien earthquake

April 20 2024

Lack of structural damage at world's largest semiconductor manufacturer helps minimise BI losses.

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