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Public and product liability

China’s Taishan P&C maintains ‘BBB+’ rating while expanding liability, cargo, and A&H offerings

August 7, 2023

Investments led to wider operating deficit, but Fitch maintained rating due to reduction in underwriting deficit, strong capital, and continued support from its parent company.

Australia: Rising premium costs threaten insurance affordability

August 7, 2023

Data from APRA show costs for public liability and professional indemnity premiums are skyrocketing, however a change in accounting methods could be a factor.

Rhodian’s first MGA aims to fill gaps in Australian market

July 17, 2023

Halo Underwriting is Lloyd's backed and will aim to cover complex, hard-to-place risks in SME and mid-market segments.

BYD close to entering motor insurance market: report

July 13, 2023

In May, BYD was granted approval for the purchase of Yi’an Property and Casualty Insurance and insiders suggest its latest move means its nearly ready to enter China's motor insurance market.

A photo of someone calculating the value of something using a calculator.

Australia’s Victorian Government to abolish business insurance duty

May 24, 2023

Business insurance duty in VIC is currently 10% and will be lowered by 1 percentage point each year starting from July 1st 2024.

A black and white photo of a church steeple.

Report: Australia’s Catholic Church Insurance on the brink amid surge in abuse cases

May 8, 2023

The bailout of AU$170 million two years ago has proven to be insufficient for The Catholic Church's insurer.

A photo of Korea at night time. Korean Re logo in top left corner.

Double-digit GWP growth for Korean Re thanks to new financial solutions product

May 3, 2023

Despite large commercial and natural disaster losses, strong results achieved thanks to new coinsurance product along with global market hardening.

Profile photo of with blurred office background.

Ralph Sherbahn joins Gallagher as new Asia Head of Financial Lines

April 12, 2023

Sherbahn has over 3 decades of experience and joins from Zurich

Black and white photo of two Japanese people meeting and exchanging notes.

Japan insurers diversify into non-cat lines plus other 1.4 renewal takeaways from Gallagher Re’s ‘1st View’

April 10, 2023

Gallagher Re's renewal-focused publication provided global insight into the Apr renewal season, including a specific focus on Japan.

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