Australia’s Largest P/C Insurer Says It Has No Net Exposure to Greensill Capital March 9, 2021 Insurance Australia Group, the country’s largest general [P/C] insurer, said on Tuesday it had no net exposure to supply chain...
Insurance Australia Group, AMMB Seek to Sell Their Malaysian Auto Insurer: Sources April 15, 2020 By Elffie Chew The owners of AmGeneral Insurance Bhd., Malaysia’s second-biggest auto insurer, have restarted a sale process and are seeking as much...
Australia Insurer IAG Announces CEO Harmer to Retire; Hawkins Named Deputy CEO April 8, 2020 Australian insurer IAG announced that Peter Harmer, managing director and chief executive officer, plans to retire by the end of...
Australia’s Bushfires Could Surpass 2009’s Costly Season; Analysts, Insurers Comment January 10, 2020 By L.S. Howard Australia’s bushfire season has months to run and could easily surpass the most costly fire season, 2009’s Black Saturday fires...
Insurance Industry Calls for Action to Mitigate Climate Risk as Australia Bushfires Widen January 8, 2020 By Emily Cadman As the devastation from Australia’s bushfires widens, the insurance industry is calling for concerted action to mitigate the impact of...
Australia Faces More Severe Cyclones, Wildfires, Floods as Climate Warms: IAG November 1, 2019 By Peter Vercoe Australia faces the prospect of more severe cyclones, wildfires and floods as the climate warms, the nation’s largest insurer said....
Tokio Marine to Acquire Thai, Indonesian Operations of IAG for $390M June 20, 2018 Tokio Marine Holdings Inc. announced on June 19 it has entered into a definitive agreement to acquire Thailand and Indonesia...
Insurance Australia Group Plans to Sell Troubled SE Asian Businesses: Sources April 20, 2018 By Sumeet Chatterjee and Anshuman Daga Insurance Australia Group is set to sell its four Southeast Asian businesses in deals that could be valued at about...
BHSI Enters Australia A&H Market, Appoints Product Leaders July 6, 2016 Berkshire Hathaway Specialty Insurance Co. (BHSI) announced it has launched a full suite of Accident & Health Insurance products in...
Why Australia’s IAG Decided to Halt China Expansion Plans October 16, 2015 By Swati Pandey When Insurance Australia Group, the country’s largest general insurer, announced ambitious plans in June to ramp up its business in...