Alliance aims to provide businesses with tools to address climate and supply chain vulnerabilities, with an initial focus on Hong Kong, Singapore, and Malaysia,
US$730m has been pledged so far—only a quarter of Vietnam's Typhoon Yagi damage—and early projects could determine whether the fund attracts additional financing.
CEO Nick Hawkins signals readiness for further M&A activity, just a week after IAG announced it had agreed to acquire RACQ's insurance underwriting business.
Authorities from both countries brace for further rainfall as rescue efforts continue and insurance providers expedite support for affected communities.
(Re)in Summary
• Allianz Australia has partnered with the Royal Automobile Association of South Australia (RAA) in an AU$642m (US$417.2m) deal, acquiring RAA’s general insurance business,...
