Property

singapores-gi-industry-to-top-sg8bn-by-2029-globaldata

Singapore’s GI industry to top SG$8bn in 2029: GlobalData

December 2 2024

Economic recovery, rising healthcare costs, and government EV initiatives will be key drivers in shaping growth trajectory.

regulatory-approval-uncertain-for-iags-acquisition-of-racq-say-analysts

Regulatory approval a hurdle for IAG's acquisition of RACQ insurance business, say analysts

December 2 2024

Analysts say deal will face close scrutiny from the ACCC due to potential concerns around market concentration in Queensland's insurance segment.

IAG to acquire 90% of RACQ's underwriting business

November 28 2024

AU$855m (US$555m) deal includes a 25-year distribution agreement, with an option for IAG to purchase the remaining 10% underwriting business in two years.

chubb-australia-introduces-tailored-coverage-for-lower-middle-market

Chubb Australia launches industry-specific products for lower middle market

November 26 2024

Chubb Benchmarq offers tailored coverage for businesses in manufacturing and real estate, with more sectors coming soon.

Pacific Catastrophe Risk Insurance Company secures US$2.6m grant at COP 29

November 18 2024

GSSP grant aims to enhance product development and improve research and education around climate resilience in the Pacific Islands.

Beazley’s new APAC Head looks to strong growth in cyber, property, and marine

November 13 2024

Jessica Schappell is focused on expansion in the specialty insurer's core areas.

swiss-re-calls-for-greater-risk-mitigation-investment-amid-surge-in-nat-cat-losses

Swiss Re calls for greater investment in risk mitigation amid surge in nat cat losses

November 12 2024

A study from the Swiss Re Institute says financial benefits of investing in flood adaptation measures can be up to ten times greater than the costs of rebuilding.

pcric-wtw-renew-pacific-island-policy-with-simplified-parametric-structure

PCRIC, WTW renew Pacific Island policies with simplified parametric structure

November 7 2024

New simplified structures help to reduce reinsurance costs.

Nat cats, regulations drive workforce expansion at Charles Taylor Malaysia

November 6 2024

The company now has over 60 technical specialists and is developing junior adjusters to enhance its loss adjusting services across multiple regions.

data-is-what-separates-good-from-less-good-says-swiss-re-ceo

Data 'separates good from less good' says Swiss Re CEO

November 5 2024

Swiss Re chief Andreas Berger calls for better data and public-private partnerships to tackle rising costs of extreme weather events and cyber risks.

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