US firm expands global market presence with acquisition of Sydney-based specialty reinsurance managing general agent

Air India Flight 171 crash likely to cost insurers $200m, most of which will fall on international reinsurers, GlobalData says

Reports suggest New India leads operator’s insurance cover, while AIG said to lead reinsurance programme

Reduction in overall losses 'unusual' compared to previous Australian events, loss aggregator says

Despite moderating prices reinsurers are ‘generally still eager’ to deploy capacity, particularly for US wind risk

Specialty MGA hires marine market veteran to drive Asia expansion

Insurer continues to build-out presence in Australian market 

Long-term prospects for region remain bright, insurer’s Apac head of marine says

Ruling establishes meaning of ‘term defining the risk as a whole’ under section 11 of 2015 legislation

Crews should step up security rounds and heighten watchkeeping, piracy watchdog warns

Latest bond secures $50m reinsurance protection for earthquake and typhoon risks in Japan and introduces parametric earthquake cover for China and India

Cyclone Alfred left over 300,000 homes and businesses without power and caused severe damage to the beaches on the Gold Coast and Sunshine Coast

Acquisition strengthens specialty insurer’s footprint in marine

While most of these incidents are classified as ‘low-level crimes’, security experts have warned attacks have potentially serious consequences for seafarers 

M7.7 quake could lead to re-evaluation of earthquake risk in Thailand and lead to increased demand for cover

Pricing on loss-free Japanese programmes fell as much as 15%, ending an extended period of hardening, brokers report