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Property
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 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 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 Thailand names Marut Pommalee as Chief Client Officer
May 6 2025
He previously served as the Managing Director of Sabuy Maxi.
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.
Alfred-related insurance claims top 100,000, says ICA
May 1 2025
Insurance Council of Australia adds that claims have nearly reached A$1bn (US$640m).
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.
Pacific region records largest global commercial rate fall for fourth straight quarter: Marsh
April 25 2025
Insurers focus on underwriting discipline and structural adjustments to manage catastrophe and liability exposures.
Thai insurers' Myanmar quake losses expected to be absorbed by reinsurers: S&P
April 24 2025
Thai insurers may face higher reinsurance costs and tighter margins in quake's aftermath.
Asian cyber insurers broaden property damage cover, heighten scrutiny of war exclusions: Marsh
April 24 2025
Cyber insurance rates in Asia dropped 8% in Q1 2025, continuing a soft market trend.
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