Property

insurance-market-dynamics-show-divergent-trends-across-asia-pac-in-q4-2023-aon

APAC insurance saw diverging market dynamics in Q4 2023: Aon

March 12 2024

From hardening rates in cat-exposed regions to softening financial lines, Q4 market report paints a complex picture of growth, challenges, and shifting dynamics in APAC.

AXA XL appoints Zoe Xie as Underwriting Manager, Property in Singapore

March 11 2024

Xie is promoted to the leadership position from her role as Client and Distribution Leader, Asia.

insurance-council-of-australia-labels-victorias-valentines-day-storms-a-significant-event

Insurance claims from Victoria's Valentine's Day storms top AU$100m

March 8 2024

Victoria's 14 Feb severe storms trigger nearly 20,000 claims worth AU$104m (US$69m), says ICA.

Property and motor to drive New Zealand GI growth

March 4 2024

GlobalData forecasts sector to grow by 7.3% CAGR to NZ$12.9bn (US$7.87bn) in 2028, but profitability to remain volatile due to nat cats and reinsurance rates.

nsw-launches-first-state-disaster-mitigation-plan-to-combat-rising-nat-cat-costs

NSW launches Australia's first State Disaster Mitigation Plan to help combat rising nat cat costs

February 23 2024

Plan promises a proactive approach to disaster risk reduction including improved early warning systems and reviews of building codes and insurance levy arrangements.

indias-non-life-providers-notch-three-quarters-of-solid-growth

India’s non-life insurers notch three quarters of solid growth

February 23 2024

Major segments thrived, while smaller lines of business like marine and liability faced challenges.

Oliver Kaufmann joins Munich Re Japan as Senior Underwriter for Property Treaty

February 16 2024

Kaufmann relocates from Switzerland to Tokyo following a decade with New Re.

PERILS: Cyclone Gabrielle's final insurance loss estimate at NZ$2.17bn

February 16 2024

Industry loss estimate increases to NZD 2.174bn (US$1.33bn); contributing to record NZ$4.4bn in losses when combined with Auckland Anniversary Weekend Floods.

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Noto Peninsula Earthquake: 25,000 of 76,500 claims processed so far

February 16 2024

Insurance claims surge to 76,497, with 25,246 paid so far according to GIAJ's latest figures.

perils-pegs-initial-loss-of-australias-2023-christmas-storms-at-au1-4bn

PERILS pegs initial loss estimate of Australia's 2023 Christmas Storms at AU$1.4bn

February 14 2024

PERILS's first insurance loss estimate, for storms, that hit QLD, VIC, and NSW between 23 and 29 Dec, is AU$1.4bn (US$900m).

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