A surge in disaster-related claims alongside rising inflation across Australia has driven insurance premiums higher; the ICA is urging the government to implement measures to reduce risk and maintain affordability....
Miller announces significant expansion in the APAC market with a new specialist treaty reinsurance team headed by Richard Broad, Lockton's former Regional Head of Reinsurance.
Prolonged El Niño weather cycle likely to lead to decreased insurance losses in Australia, but weather cycle brings a host of economic concerns including fire damage, fluctuating crop yields, water shortages,...
ACIL's findings suggest Australia's Reinsurance Pool is not delivering as expected with respect to consumer savings and fostering market competition; recommendations include greater transparency from...
The ICA welcomed disaster funding in the New South Wales' 23-24 State Budget, but continues to call for insurance tax reform for the state that bears the highest insurance taxes in the country.
Both Bigmotor Co. and Sompo Japan are under fire as the FSA digs deeper into an insurance fraud scandal, resulting in multiple high-profile resignations including Sompo Japan's President earlier this...
Singapore's top ten largest reinsurers saw underwriting profits more than double in 2022 as they tightened underwriting terms and lowered losses, amid economic and catastrophe-induced volatility.
The Insurance Authority and the Hong Kong Science and Technology Parks Corporation launch Open API Framework to stimulate innovation and promote cross-sector collaboration.
Assistant Treasurer Stephen Jones and a delegation of key insurance leaders will engage in high-level discussions in London and Munich to address the growing protection gap due to extreme weather events...
