An Allianz Commercial report shows that new installations of offshore wind power capacity reached nearly 9GW globally in 2022, with China leading the market; however, the increasing size of wind farms...
The US$830m investment aims to capitalise on China's growing elderly care sector, but comes at a time when the segment is undergoing regulatory change and increased scrutiny.
Amid global macroeconomic challenges, Marsh reports that the APAC captive premiums it manages surged by 58% between 2020 and 2022, significantly outpacing other global regions.
Generali GC&C strengthens Asia presence with hires of Danny La (pictured left), as Head of Strategic Initiatives & Business Transformation, and Matthew Day (pictured right), as Head of Risk Engineering...
Heavy weather conditions predicted for the weekend have New Zealand on high alert, with the country and industry still in the midst of recovery from the Auckland floods and Cyclone Gabrielle earlier this...
A surge in disaster-related claims alongside rising inflation across Australia has driven insurance premiums higher; the ICA is urging the government to implement measures to reduce risk and maintain affordability....
Prolonged El Niño weather cycle likely to lead to decreased insurance losses in Australia, but weather cycle brings a host of economic concerns including fire damage, fluctuating crop yields, water shortages,...
ACIL's findings suggest Australia's Reinsurance Pool is not delivering as expected with respect to consumer savings and fostering market competition; recommendations include greater transparency from...
The ICA welcomed disaster funding in the New South Wales' 23-24 State Budget, but continues to call for insurance tax reform for the state that bears the highest insurance taxes in the country.
