The Japanese life insurer's underwriting profitability is set to bounce back from FYE 2024, contributing to Fitch Ratings maintaining their 'A-' Insurer Financial Strength rating.
Local media reports show that over the past five years, Korean insurance companies have experienced a tripling of claims payouts and a more than fourfold rise in the number of claims.
Gallagher continues its Oz expansion with the acquisition of Darwin-based Insurance Risk Solutions, who specialise in transport, agri, pastoral, and horticultural insurance.
