Property

motors-underwriting-crash-sees-hong-kongs-pc-profits-slump-40

Q1 sees Hong Kong's P&C profits slump 40% as motor underwriting crashes

May 31 2023

Despite gross premiums remaining steady, underwriting profit dropped to HK$485m in the first quarter.

Aspen hires Tay Boon Chuan as Head of Singapore; Beatrice Morley moves to UK with expanded remit

May 22 2023

Tay joins Aspen after over a decade with Tokio Marine Kiln.

PERILS increases industry loss estimate of Cyclone Gabrielle to NZ$1.925 Billion

May 17 2023

The estimate is a 25% increase over the data provider's initial estimate in March.

Beazley's GWP up 12% in Q1 thanks to strong growth from cyber and property

May 16 2023

The specialist (re)insurer delivered strong results in line with their full year guidance.

Tokio Marine launches first embedded property insurance product in Japan

May 9 2023

Tokio Marine continues to diversify its offering, after recentes launch of microsatellites insurance in Japan and affordable insurance for gig economy workers in Malaysia.

BHSI announce promotion of Sydney-based Holmes to Global Underwriting Officer, Property and Energy

May 5 2023

BHSI also announced the promotion of Dublin-based Hilary Browne to Deputy Global Chief Underwriting Officer.

Photo of house and cars flooded in Australia.

PERILS updates loss estimate for October Southeast Australian floods to AU$907 million

April 28 2023

Personal property lines comprise 65% of the loss, followed by commercial property (25%) and then motor (10%).

Photo of Indian man reading on his mobile phone with other people in the background.

Indian insurance industry set for significant change: 3 new licences granted in 2023, 20 more under review

April 13 2023

India's 'Insurance for All by 2047' spells big changes for the insurance market

ICA calls on new NSW Government to put downward pressure on insurance costs

March 28 2023

The ICA reiterated its policy recommendations made in the 'A Stronger NSW' report

Photo of hot air balloon with lightning in the background.

(Re)insurance hard market to continue as demand and costs increase: Swiss Re

March 24 2023

The Institute's Sigma report shows that (re)insurance rates have risen close to 20 years highs

Picture of Singapore's garden by the bay.

Singapore general insurance achieves 15% GWP increase in 2022

March 23 2023

The sector achieved growth of 15% in GWP and underwriting performance rise of 20.3%

ICA seeks extension of Disaster Ready Fund from Australian Federal Government

March 16 2023

The ICA makes the recommendation after 2022 AU$6.5 billion flood event - the largest in Australia since records began

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