Catastrophe bonds integral to insurance ecosystem: Schultz, Aon Securities
Just over twenty-five years since the issuance of what is considered the first true, widely syndicated, catastrophe bond transaction, the...
News
Claims handling is now a financial service
In response to questions from Insurance Business, an ASIC spokesperson said the reform closes a regulatory gap by bringing claims...
Philippines cat bond triggers on typhoon Rai (Odette) winds, $52.5m payout due
The Philippines government will make a recovery under the terms of its World Bank issued IBRD CAR 123-124 catastrophe bond,...
Peculiar claims, famous firsts and celebrated customers as Aviva celebrates 325 years
Authored by AvivaAviva has opened the vaults on its 325 year history in commercial insurance to unearth cases of flying...
Berkley adds PI offering to Steadfast's online trading platform
Berkley Insurance Australia now offers its Professional Indemnity (PI) product on the Steadfast Client Trading Platform (SCTP), in addition to...
Big Red Bash loses court battle over $3 million insurance claim
The event organiser’s insurer rejected the claim on the grounds that an exclusion in the insurance policy meant the festival...
ASIC to work with regtechs to address poor market disclosure
The Australian Securities and Investments Commission (ASIC) has announced it will team up with five regulatory technology (regtech)...
CBPE Capital invests in DCL as the business approaches 20 years of underwriting
CBPE Capital LLP (“CBPE”) is pleased to announce that it has completed its investment into Direct Commercial Limited (DCL) and...
Aussie insurtech secures backing from Chinese tech giant, Silicon Valley
Sydney-based Reask has closed its first round of capital raising with support from Chinese tech giant Tencent and other Silicon...
Medibank identifies major healthcare trends for 2022
This year, Koczkar expects more partnerships to develop that will help support capacity and strengthen Australia's healthcare system by providing...
