Property

Cyclone reinsurance pool cuts premiums in high-risk areas by up to 39% in Australia: ARPC

May 15 2025

Australian Reinsurance Pool Corporation's latest assessment says cyclone pool is boosting insurer willingness to cover cyclone-prone areas.

AXA XL continues India buildout with five appointments, including Saumitra Sharma as CUO

May 14 2025

Saurabh Bhootara also joined as Underwriter, Priya Manchanda as Claims Specialist, Vinod Kumar as Assistant Underwriter, and Akash Jain as Underwriting Assistant.

Zurich Singapore names new Heads for Property and Financial Lines Underwriting

May 13 2025

Christy Yeo and Wendy Ong promoted to lead property and financial lines portfolios, respectively.

IHC, BlackRock launch US$1bn AI-powered reinsurance venture headquartered in Abu Dhabi

May 12 2025

Platform has strategic ambitions focused on Middle East and Asia with plans to use AI for faster risk assessment.

AXA XL grows Australia claims team with new specialist appointments

May 12 2025

Tylie Petrovski joins in Brisbane, while Ilija Bogoevski and Rebecca Williams take on new roles in Sydney.

Claims from Cyclone Alfred, North Queensland floods reach A$1.5bn: ICA

May 12 2025

Alfred alone has driven over 116,000 claims, with an average payout of A$10,000.

fitch-revises-guoren-pampc-outlook-to-stable

Fitch revises Guoren P&C outlook to 'Stable', citing stronger capital, earnings and lower asset risk

May 8 2025

The agency also affirms the insurer's IFS rating at ‘BBB+'.

howden-elevates-leo-king-to-head-of-direct-wholesale-corporate-facultative-property-for-apac

Howden Specialty elevates Leo King to Head of Direct Wholesale & Corporate Facultative Property for APAC

May 6 2025

King has been with Howden for over 15 years, across the UK and APAC.

Howden appoints Marut Pommalee as Chief Client Officer for Thailand

Howden Thailand names Marut Pommalee as Chief Client Officer

May 6 2025

He previously served as the Managing Director of Sabuy Maxi.

taiwan-p-c-insurers-expected-to-maintain-satisfactory-underwriting-in-2025-sampp

Global trade and geopolitical risks 'manageable' for Taiwan's P&C insurers says S&P

May 2 2025

The sector saw underwriting profits stabilise in 2024, with combined ratios returning to pre-pandemic norms.

May 1 2025

Insurance Council of Australia adds that claims have nearly reached A$1bn (US$640m).

china-united-property-insurance-capital-strength-rises-to-228-despite-market-risks-fitch

China United Property Insurance's comprehensive solvency ratio rose to 228% in 2024: Fitch

April 29 2025

The ratings agency affirmed the insurer’s IFS at BBB+ with a stable outlook.

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