Deal, first announced in June, includes cover for Product & Public Liability, Compulsory Third-Party Motor, Professional Risks, and Workers’ Compensation portfolio.
Four year plan outlines Australian Reinsurance Pool Corporation's approach to enhancing pool effectiveness and affordability amid a challenging nat cat and threat landscape.
Sector has experienced its most significant market shift since 2017, marked by increased insurer choice and improved conditions for buyers, broker said.
The transactional insurance specialist officially establishes presence in Singapore, with Swiss Re CorSo as its lead carrier, allowing the commercial insurer offer three new products in APAC.
Insurer and digital bank strengthen bancassurance partnership, providing GXBank's customers with up to MYR20k (US$4.6k) coverage for unauthorised electronic transactions.
In its 2024-2025 corporate plan, the regulator emphasises the need for collaboration to improve affordability and strengthen the insurance industry’s resilience.