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extreme-weather-impact-on-australian-economy-has-tripled-over-the-last-30-years-ica

Australia's insured losses from catastrophe weather events triple to 0.7% of GDP over 30 years: ICA

August 19 2024

Despite a sharp increase in premiums, insurers' profits remain stagnant due to escalating natural catastrophe losses.

zurich-recruits-nixon-ooi-from-chubb-as-head-of-accident-amp-health-singapore

Zurich recruits Nixon Ooi from Chubb as Head of Accident & Health, Singapore

August 19 2024

Ooi joins after five years with Chubb, where he was serving most recently as Head of Accident & Health.

kb-indonesia-assigned-b-good-fsr-bbb-good-long-term-icr-by-am-best

AM Best assigns KB Indonesia's ratings, expects improved stability with rise in premiums, motor business

August 16 2024

KB Indonesia has been assigned ‘B++’ (Good) FSR, and ‘bbb+’ (Good) Long-Term ICR by AM Best.

igloo-looking-to-parametric-and-personal-cyber-to-fuel-southeast-asia-insurance-growth

Igloo looks to innovative solutions like parametric and personal cyber to fuel Southeast Asia insurance growth

August 16 2024

The insurtech is betting on technology to upend markets in the region.

delta-nz-names-sian-mullane-as-senior-property-underwriter

Delta NZ names Siân Mullane as Senior Property Underwriter

August 16 2024

Mullane joins following over five years with Chubb.

ICA calls for land-use planning reforms to mitigate risk from natural catastrophes

August 15 2024

In conjunction with the PIA, the Council urges collaboration between government and industry while emphasising need for the right resources and tools to reduce vulnerability.

Surging medical inflation ramps up Malaysian insurers’ health claims

August 15 2024

The impact of rising medical procedure costs in Malaysia was worsened by a decline in the value of the ringgit last year.

Stevan Bonic promoted to Technical Underwriting Manager Engineering, Australasia at HDI Global

August 15 2024

Bonic will now oversee both the Northern and Southern Regions in his expanded role.

Zurich Australia holds inaugural mental health roundtable

August 14 2024

Biannual roundtables will aim to foster meaningful engagement between mental health and life insurance sectors.

singapore-life-insurance-industry-sees-30-4-growth-in-new-business-premiums-for-1h-2024

Singapore's life insurance industry sees 30.4% growth in new business premiums for 1H 2024

August 14 2024

Singapore’s life insurance sector recorded its best half-year new business performance since the pandemic, however claims also surged.

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