News

AIG appoints 2 independent Directors of the company

Chp February 28, 2023

Authored by AIGAmerican International Group, Inc. has announced that its Board of Directors has elected Diana Murphy and Vanessa Wittman...

Federal Government announces flood protection programs for Northern NSW

Chp February 28, 2023

Emergency Services Minister Murray Watt has announced funding for the flood mitigation projects recommended by the CSIRO’s Northern Rivers Resilience...

The 2020s: what’s happened and what’s next in the cyber market?

Chp February 28, 2023

Authored by Liberty Senior Underwriter - Financial Risks Reinsurance - Cyber, Personal Accident, Crisis Management and Contingency risks Tom SpurgeonWe’ve...

ASIC begins Federal Court action against RACQ Insurance

Chp February 27, 2023

The Australian Securities and Investments Commission (ASIC) has commenced Federal Court action that alleges RACQ Insurance misled customers over pricing...

AA Insurance offers support to Gabrielle-battered Hawke’s Bay customers

Chp February 27, 2023

AMI, State, and NZ previously mobilized their Major Event Response team to support the many insureds severely affected by the...

NZ govt provides $25 million for business support following Gabrielle

Chp February 27, 2023

While each local agency will have their own processes, Robertson said that the government has provided the funding to address...

Korean insurers set for higher profits under new accounting rule

Chp February 27, 2023

Investors from abroad are also starting to take notice, purchasing a net KR₩31.6 billion ($24 million) in Hyundai Marine this...

Intermediated distribution under CoFI: What the FMA thinks are not needed for compliance

Chp February 27, 2023

High-level expectations The regulator, in its draft guidance, outlines what are considered “high-level” expectations or those that are applicable to...