Property

nsw-government-launches-netstrata-review-following-allegations-of-excessive-insurance-brokerage-fees

NSW Government launches Netstrata review following excessive insurance brokerage fees allegations

May 4 2024

Review launches amid broader concerns of systemic issues in strata insurance, highlighted by recent ACIL survey.

australian-mga-agile-receives-in-principle-approval-for-new-lloyds-syndicate

Agile Underwriting receives final Lloyd's approval for Syndicate 2427

May 1 2024

Agile Underwriting Services Syndicate 2427 has received final approval to begin underwriting this month.

Chubb promotes Kate Burke to Head of International Personal Lines for APAC

May 1 2024

Burke has been with Chubb since 2017, will lead the strategic expansion of Chubb's APAC personal lines from 1 May 2024.

Guangdong flood insurance claims near US$100m

May 1 2024

Floods result in 34,700 claims worth 699m yuan (US$96.5m) so far, with 206m yuan disbursed in response to calls for swift claims handling.

RBNZ warns insurance affordability and capacity are under threat in nat cat prone areas

April 30 2024

Industry making 'rational' move to risk-based pricing, but collective action needed to help maintain accessibility for for those most vulnerable.

Fitch Ratings assigns first National IFS to Indonesia's BRI Insurance

April 29 2024

BRI Insurance's strong bank partnership and strategic reinsurance approach contribute to 'AA(idn)' rating.

Asia's commercial insurance rates see first decline in six years

April 29 2024

In Q1, Asia's commercial insurance rates fell 2%, according to data from Marsh.

April Guangdong floods could see economic losses in the hundreds of millions of USD - Aon

April 29 2024

Damage assessment continues, but financial toll on property, motor, and agriculture expected to be significant.

Nova and Towngas Lifestyle strengthen insurance broker partnership

April 25 2024

Building on a 2022 agreement, FSE Nova and Towngas Lifestyle pledge further investment for gas safety and property protection across Hong Kong and Mainland China.

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.

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