Mark Hunt becomes group chief underwriting officer covering Australia, New Zealand, and London, while Mike Dalton, current group head of aviation, takes on an additional role as head of underwriting for...
Insured losses from the event were estimated at US$300m, as global economic losses reached US$37bn, 43% below the 21st-century average and the lowest since 2015.
Australia's new mandatory merger control regime gets put through its paces as the regulator examines IAG's proposed A$1.35bn (US$951m) deal for the second time.
Premiums reached ₹3.36t across the April–March fiscal year, with stand-alone health insurers extending their growth run and Care Health crossing ₹100bn after a 20.9% annual increase.
Softer conditions, strong M&A activity, and improved market infrastructure should drive renewed deal momentum following a 2024-2025 slowdown, according to the broker.
