Property

May 28 2025

Volume of claims jumps by over 20% in the last 24 hours.

halliwell-acquires-imparta-engineers-du-chateau-chun-to-boost-australian-presence

Halliwell expands in Australia with IMPARTA, du Chateau Chun acquisitions

May 28 2025

The business, owned by global loss adjuster McLarens, acquired the two firms to fill gaps in its services in Australia.

Sompo hires David Chau as SVP, Head of Project Management Office for APAC

May 27 2025

He will lead the regional PMO and drive strategic projects across APAC.

ICA: Insurance claims from flood-battered NSW top 3,600

May 26 2025

The ‘once-in-500-years’ disaster has killed five and damaged 10,000 properties.

australian-insurance-council-declares-significant-event-for-flood-hit-nsw

NSW hit by record floods as 'one-in-500-year' event leaves 50,000 stranded

May 21 2025

The Insurance Council of Australia has declared the flooding a significant event.

ping-an-launches-global-version-of-disaster-risk-platform-eaglex

Ping An P&C launches global version of disaster risk platform EagleX

May 21 2025

Platform uses AI and remote sensing data to help manage natural catastrophe risks.

Geneva Association urges major resilience reforms to keep home insurance afloat in markets like China and Australia

May 21 2025

Association is calling for urgent resilience investments and structural reforms to prevent home insurance markets collapsing under the weight of climate-driven losses.

Korean Re lands first-time 'A1’ IFS rating from Moody’s

May 21 2025

The reinsurer posted a high Korea Insurance Capital Standards (K-ICS) ratio at 191.7% in 2024, indicating sufficient capacity to handle unexpected losses.