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Property and motor to fuel growth in Malaysian GI segment: GlobalData
May 14 2024
An increase in vehicle sales, accidents, and claims has led insurers to reassess risk exposure.
Crawford Australia promotes Matt Donnelly
May 13 2024
Donnelly takes on new role as Head of Global Technical Services (GTS), Australia, having rejoined the loss adjuster in September.
Indian regulator mandates insurers meet rural and social sector quotas
May 13 2024
Circular mandates life, general, and health insurers fulfill rural and social sector quotas.
NSW takes step toward lower property insurance premiums with introduction of Insurance Monitor Bill
May 10 2024
Bill looks to reduce premiums by replacing emergency services levy, with an independent body also appointed to ensure savings are passed on to insureds.
Senate inquiry calls for government support to help address Australia's live music and festival insurance crisis
May 10 2024
Changing risk appetite have seen insurance premiums rise as much as ten times.
Australia's Guild Insurance has ratings affirmed as business shows improvement in expense ratio
May 10 2024
Insurer has seen fluctuations in operating performance in recent years.
Lockton Korea aiming to double sales by 2028 says CEO
May 10 2024
CEO Ben Son says business plans to double sales organically through focus on commercial risks including property, liability, and technology.
Queensland's RACQ considering sale of insurance division - report
May 9 2024
Insurer reportedly re-engages Bank of America for sales process following an unsuccessful sale attempt to IAG in 2022/23.
Zurich launches new embedded insurance partnership with Japan's Ponta loyalty reward program
May 9 2024
Zurich Edge integrates with Ponta app to provide complimentary and paid personal accident insurance coverage.
Major Japanese insurers to raise fire premiums by 10% this year - report
May 9 2024
Four major Japanese insurers to raise premiums in October, marking first hike in two years.
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