Australia: Marsh to buy 100% of Honan in deal worth millions

Published on August 22, 2023
Marsh has reached agreement to acquire Melbourne-headquartered Honan Insurance Group (Honan) as the leading global insurance broker seeks to expand its presence in Australia and New Zealand.
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Storm Hilary California impacts might erode some agg cat bonds: Twelve Capital

August 21, 2023
The impact of tropical storm Hilary in California and surrounding areas of the US south west could be another event that serves to further erode some of the retention layers sitting beneath catastrophe bonds that provide aggregate reinsurance protection, investment manager Twelve Capital has cautioned.While once major hurricane Hilary weakened on approach to California and the south west United St

Taiwan: Fall in life insurance premiums expected to slow in next 12-18 months

August 22, 2023
The premium decline in Taiwan's life industry is expected to moderate in the coming 12-18 months due to an already-low base, says Fitch Ratings.