Property

Domestic underwriting challenges to persist for Japanese major non-life insurers in FYE25: Fitch

June 21 2024

Domestic motor and property lines expected to face difficulties, but strong overseas performance and sales of cross-held shares will provide financial stability.

globaldata-forecasts-9-5-annual-growth-for-philippines-gi-market-through-2028

Philippines' GI market to grow 9.5% annually through 2028, forecasts GlobalData

June 19 2024

Construction activity, rising vehicle sales, and increasing nat cat losses among key growth drivers.

Construction boom and government projects to boost Thailand's property insurance segment

June 17 2024

GlobalData projects 4.5% annual growth for Thailand's GI market between 2024 to 2028.

german-supermarket-giant-aldi-launches-insurance-line-in-australia-using-honeys-white-label-platform

Supermarket giant ALDI partners with Honey to launch Australian insurance offering

June 5 2024

ALDI Insurance provides home, contents, motor, and landlord insurance, powered by Honey's technology and white label platform and underwritten by RACQ.

new-ica-figures-underline-importance-of-emergency-services-levy-reform

New ICA data underlines importance of Emergency Services Levy reform for NSW insureds

June 3 2024

ICA data shows ESL adds between AU$305 and AU$1,200 annually for property policies, reinforcing importance of Government's ongoing reform efforts.

a-billion-dollar-slice-how-honey-is-using-tech-to-grab-a-larger-share-of-australias-home-insurance-pie

Honey leverages tech and data to fuel billion dollar ambition

May 31 2024

Innovative use of smart sensors, data, and tech has already resulted in rapid growth and CEO Joffe says insurtech is doubling down on technology-first approach in pursuit of AU$1bn (US$664m) in home insurance...

GIAJ reports US$214m in insurance payouts for Hyogo April hail event

May 27 2024

Association reports swift response from industry with an estimated 99.7% of 92,424 claims already settled.

guy-carpenter-releases-predictions-for-western-north-pacific-cyclone-activity-in-2024

Guy Carpenter publishes predictions for Western North Pacific cyclone activity in 2024

May 25 2024

Cyclone formations forecast to be near-normal this year, while landfalls expected to be between near-normal and above-normal across the region.

calls-for-home-buyback-scheme-following-revised-flood-modelling-in-melbourne-report

Victorian government urged to consider buybacks following update to flood models - report

May 21 2024

Updated maps label 900 homes flood-prone, with one resident telling The Age his insurance premiums have risen from AU$180 to AU$5000 per year.

Earthquake impact manageable for Taiwan's P&C sector despite BI exposure: S&P Global

May 15 2024

Taiwan's insurance industry stands firm in the aftermath of the Hualien earthquake, with state-backed funds and reinsurance mitigating potential losses.

India's GI market surge to be propelled by consumer awareness and regulatory reforms, says GlobalData

May 14 2024

10% annual growth to 2028 expected to be fueled by health, motor, and property segments, as well as initiatives like Bima Sugam.

Crawford Australia promotes Matt Donnelly

May 13 2024

Donnelly takes on new role as Head of Global Technical Services (GTS), Australia, having rejoined the loss adjuster in September.

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