Zurich-based catastrophe insurance data provider PERILS has reported that the Victoria bushfires, which struck south-eastern Australia from 7 to 13 January 2026, led to insurance losses of A$786m (US$559m).
Munich Re has surpassed its profit guidance for the fifth consecutive year, reporting a net result of EUR6.1bn ($7.2bn) for the 2025 financial year -- EUR0.1bn above its target. The reinsurer said all financial and non-financial goals it set under its 'Ambition 2025' strategy have been achieved.
The Insurance Council of Australia (ICA) has lodged four submissions to a federal parliamentary inquiry into small business insurance, urging reforms to insurance taxation, climate resilience, workplace mental health and cyber risk management. The inquiry, chaired by Senator Deb O'Neill, is...
Singapore has ranked third globally in the 2026 FM Resilience Index, published by commercial property insurer...
The London P&I Club has concluded the 2026 renewal season with a positive outcome, reflecting sustainable...
WTW has appointed Mr Fong Han Wei as Country Leader for Singapore, effective 1 March 2026.
Gallagher Re has promoted Mr Richard Jones to the position of Chairman, APAC, and Mr Roshan Perera to the position of Managing Director, Head of APAC.
Specialty (re)insurance broker Consilium has launched its Energy Risk Solutions Division, and also appointed Mr Johnny Hilliard as Managing Partner.