Sukoon’s Syndicate 2880 gains DIFC licence
Dubai International Financial Centre (DIFC) has granted an operating licence to Sukoon’s Syndicate 2880, making it the first...
News
Kiwi insurer tells advisers: ‘Here’s what you’ve done’
The Kiwi provider, which insures more than 800,000 people and paid $620.6 million in claims for 2021, told its network...
SIRA claws back excess CTP insurer profit
The State Insurance Regulatory Authority (SIRA) will recover a whopping $178.7 million in excess profit from CTP insurers...
Whakatāne district incurs millions in storm costs
The council’s reserves and infrastructure teams last week issued a report that proposed a higher budget for storm damage in...
ACIL backs strata reforms in Trowbridge report
The Australian Consumers Insurance Lobby (ACIL), formerly known as the Northern Australia Insurance Lobby (NAIL), has welcomed the...
MGA Insurance opens new office
MGA executive chairman John George OAM welcomed 140 guests to the launch, including local manager and representative David Guidera. “Above...
AmFam raises Four Lakes Re 2022 cat bond target to $125m, pricing at top-end
American Family Mutual Insurance Company, or AmFam as it is abbreviated, is hoping to upsize its latest catastrophe bond issuance,...
Progressive lowers hurricane Ian loss estimate by $400m
The Progressive Corporation has significantly reduced its loss estimate for hurricane Ian, lowering it by $400 million to $1 billion,...
What are insurance deductibles, and why does your insurance have them?
An essential part of an insurance contract, a deductible is the amount the policyholder agrees to pay out of pocket...
Sompo Int. targets upsized $150m Sakura Re 2022 cat bond at top-end pricing
Sompo International, the global P&C insurance and reinsurance arm of Sompo Holdings, is aiming to upsize its new Sakura Re...
