GI: Commercial

APRA retires outdated guides to streamline insurance risk framework

January 15 2024

Australian regulator retires Prudential Guides GPG 250 and LPG 250, streamlining insurance risk management under the current CPS 220 standard.

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Etiqa maintains 'excellent' ratings amid Malaysia's motor and fire market reform

January 15 2024

AM Best affirms ratings for Etiqa General Insurance, reflecting its robust capitalisation and disciplined underwriting.

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Some insurers look to risk fundamentals to capture Taiwan opportunity

January 15 2024

Insurers likely to continue to adjust their risk positions in Taiwan this year following latest election results, but some sense a strategic opportunity.

Vaisey moves from Crawford to Sedgwick as Head of Major and Complex Loss Property Australia

January 12 2024

Vaisey spent nearly twenty years with Crawford & Co, most recently as Regional head.

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Moody's RMS projects insured losses from Noto Peninsula Quake could hit US$6bn

January 12 2024

Moody's RMS provides the latest industry loss estimate at between US$3bn to US$6bn.

Former Cabinet Minister Kris Faafoi named Chief Executive of ICNZ

January 12 2024

Faafoi to become the new Chief Executive in April, following Tim Grafton's departure.

Hong Kong regulator bans former technical representative for insurance certificate fabrication

January 12 2024

The former technical representative of a broker has been banned 4.5 years after admitting he falsified an insurance certificate.

China’s US$140bn infrastructure spending plan a boost for P&C insurers says Swiss Re

January 12 2024

Infrastructure investments totaling CNY 800bn (US$140bn) are anticipated to strengthen China's P&C sector amidst a stabilising property market, says the reinsurer.