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insurance-authority-issues-warning-about-unlicensed-life-insurance-sales-to-mainland-china-visitors

Insurance Authority issues broker warning about unlicensed life insurance sales to Mainland China Visitors

May 22 2024

Hong Kong IA issues circular warning it has "no tolerance" on issue of unlicensed insurance referrals for Mainland China visitors.

AUB Group to acquire 70% stake in financial lines MGA for AU$105m

May 22 2024

AUB to acquire 70% stake in Pacific Indemnity for AU$105m (US$70m).

IAG launches cyber MGA, Cylo

May 22 2024

Cylo provides cover for Australian businesses with revenues up to AU$10m and is backed by IAG subsidiary, CGU.

calls-for-home-buyback-scheme-following-revised-flood-modelling-in-melbourne-report

Victorian government urged to consider buybacks following update to flood models - report

May 21 2024

Updated maps label 900 homes flood-prone, with one resident telling The Age his insurance premiums have risen from AU$180 to AU$5000 per year.

Raymond Wong joins Lockton Singapore as Head of People Solutions

May 20 2024

Wong joins to drive growth in Lockton's employee benefits business.

pt-asuransi-tokio-marine-indonesia-ratings-affirmed-as-strong-underwriting-results-continue

PT Asuransi Tokio Marine Indonesia's ratings affirmed as strong underwriting results continue

May 18 2024

AM Best affirms ratings with a stable outlook as combined ratio improves slightly to 84% in 2023.

NSW's severe April storms cause AU$176m in insured damages

May 17 2024

95% of AU$176m (US$117m) in damages related to property, with insurers having paid out AU$10m so far, the ICA reports.

Rising vehicle sales and EV demand to drive China motor insurance growth: GlobalData

May 17 2024

GlobalData expects market to reach US$158.9bn by 2028, but EVs and rise in road accidents will prompt motor insurers to reassess their risk exposure.

markel-strengthens-china-presence-with-underwriting-and-analytics-appointments

Markel strengthens operations with China-based underwriting and analytics appointments

May 16 2024

Martin He (left) joins as Marine Underwriter, George Ke (middle) as PFR & Cyber Underwriter, while Lei Wang (right) appointed Manager of Model Analytics & Reporting.

Japan’s social media influencers display greater appetite for insurance

May 16 2024

The market may follow US, UK and Australia in online liability protection

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