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Insurance
Insurance Australia Group (IAG) reported a fall in insurance profits in the year ended June 30, 2015 as catastrophe losses took their toll. 21 August 2015
Insurance
Willis Australia, part of broker Willis, has completed its acquisition of broker CKA Risk Solutions. 20 August 2015
Insurance
Broker Willis has appointed Charles Clarke as regional leader of construction in the Central and Eastern Europe, Middle East and Africa (CEEMEA) region. 20 August 2015
Insurance
Australian insurer QBE reported a jump in profits for the first half of 2015, despite experiencing an increased number of catastrophe claims stemming from Australia and the Pacific, partly thanks to its reinsurance protection. 19 August 2015
Insurance
The Australian Government is considering the potential of a cyclone reinsurance pool or a mutual cyclone insurer as it seeks to reduce home, contents and strata insurance for cyclone-prone areas in Northern Australia. 18 August 2015
News
Pacific Life Re (Australia) has received regulatory approval from the Australian Prudential Regulatory Authority (APRA) to start writing life reinsurance business in Australia. 18 August 2015
Insurance
The recent explosions at a chemical warehouse in Tianjin could cost Chinese insurance companies $1.5 billion, according to Fitch Ratings. 18 August 2015
Insurance
Oceanwide Holdings, a Chinese property company, has said it plans to form a substantial new Asian reinsurance company likely to be called Asia-Pacific Reinsurance Company. 14 August 2015
Insurance
Broker Willis has completed its acquisition of Taiwanese broker Elite Risk Services. 13 August 2015
Insurance
Japanese insurer Sumitomo Life has agreed to acquire US life insurer Symetra Financial for $3.7 billion. 12 August 2015
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