Global insurance trends

Looking Ahead To Property Cover Growth in 2022

Latest from GlobalData; The property insurance industry in Asia-Pacific (APAC) is projected to grow from $85.8bn in 2020 to $137.5bn in 2025, in terms of written premiums, according to GlobalData, a leading data, and analytics […]

Global insurance trends

Australia Aims to Export Solar Generated Electricity

One of the world’s largest renewable energy infrastructure projects, the AUD30+ Billion Australia-Asia PowerLink (AAPowerLink), which will supply renewable electricity to Darwin and Singapore, reaches another milestone with the announcement of the Integrated Project Delivery […]

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IAG Takes a Slice of Internet of Things Specialist, Myriota

IAG, Australia’s largest general insurer, has invested in Myriota, a global pioneer in low-cost and low-power satellite connectivity for the Internet of Things (IoT), to explore how IoT devices can help insurance customers manage risk […]

Global insurance trends

Dai-ichi Life Deal With Westpac Is Good News, Says GlobalData

The latest market analysis from GlobalData; TAL Dai-ichi Life Australia, a wholly owned subsidiary of Japan-based Dai-ichi Life Holdings, has recently signed a binding share sale agreement to acquire Westpac Banking Corp’s life insurance business […]

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Arthur Gallagher Makes a Move on Mutual Brokers Pty

Arthur J. Gallagher & Co. (NYSE: AJG) has today announced the acquisition of Canberra, Australian Capital Territory (ACT)-based Mutual Brokers Pty Ltd. Terms of the transaction were not disclosed. Founded in 1985, Mutual Brokers is an independent […]

Global insurance trends

DWF Rolls Out Risk Software in Australia

DWF, the global provider of integrated legal and business services, has rolled out software from its risk and insurance software division, DWF 360, into Australia for the first time. DWF 360 has supported J.J. Richards […]