Property

government-launches-au60m-strata-resilience-program-to-mitigate-cyclone-damage-in-north-queensland

QLD government launches AU$60m Strata Resilience Program to mitigate cyclone damage

April 25 2024

State and federal governments to fund AU$60m (US$38.9m) initiative to mitigate cyclone damage to North Queensland apartment buildings.

marsh-reports-10-decline-in-pacific-financial-lines-rates-in-first-quarter

Marsh reports 10% rate decline in Pacific financial lines in Q1

April 24 2024

In the first quarter of 2024, commercial insurance rates in the Pacific region fell by 2%, while financial and professional lines declined for the fourth consecutive quarter.

Taiwan records hundreds of Hualien earthquake aftershocks on Monday and Tuesday

April 24 2024

6.1 magnitude and 6.0 magnitude earthquakes in Hualien County recorded late Monday and early Tuesday.

weak-risk-models-and-poor-data-contributing-to-growing-nat-cat-losses-capgemini

Better risk models and data needed to help curb rising nat cat losses: Capgemini

April 23 2024

Innovative underwriting and better data can help improve property insurer's combined ratio says new report.

honey-insurance-partners-with-bank-australia-after-securing-series-a-funding

Honey Insurance agrees six-year partnership with Bank Australia

April 22 2024

New white label partnership follows shortly after MGA announced successful AU$108m Series A Round.

Insurtech OneDegree sees 59% GWP increase in 2023

April 22 2024

Hong Kong virtual insurer exceeds HK$180m (US$22.97m) in GWP in 2023.

acil-survey-exposes-deep-rooted-issues-and-calls-for-reform-in-strata-insurance-sector

Nationwide survey reveals systemic issues in Strata Insurance: ACIL

April 18 2024

Latest findings expose ongoing and new concerns with consumer watchdog advocating for a government-led inquiry.

wtw-appoints-andrew-lam-as-property-placement-broker-for-asia

WTW taps Aon's Andrew Lam for Asia Property Placement Broker role

April 16 2024

Lam moves from Aon Singapore Broking Centre where he was Placement Broker.

chris-wild-promoted-to-northern-region-underwriting-manager-property-at-arch-insurance-australia

Chris Wild promoted at Arch Insurance Australia

April 15 2024

Following nearly a decade at the business, Wild has been promoted to Northern Region Underwriting Manager.

ica-australian-summer-extreme-weather-insurance-losses-hit-au1-2bn

Australian summer nat cat bill surpasses AU$1.6bn

April 10 2024

Cyclone Jasper, Valentine's Day storms, and Christmas Storms have seen a combined 130,000 claims.

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