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The Australian life insurance sector's net profit fell 25% to A$453 million (US$291 million) in the fiscal second quarter ended Sept. 30, 2008, from
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ICICI Prudential Life Insurance Co. Ltd. [89580], a joint-venture between India-based ICICI Bank and U.K.-based Prudential plc [85925], said it has f
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The 2008 financial market turmoil was unprecedented and had a significant impact upon our industry. In this adverse environment, AXA was not immune,
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Validus Holdings Ltd. [51283] has opened an Asia-Pacific office in Singapore for its reinsurance operation, with a focus on short-tail business class
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This month's Victoria bushfires and north Queensland flooding contributed heavily to mounting claims costs of Australian insurers, with estimated cla
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To the Editor:.
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... to repair or replace items damaged by the floods that weren't fully covered by insurance. Businesses of all sizes can borrow up to $2 million an
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... "A similar thing happened to a different section about 2 years ago," he said. "Insurance paid to fix that and we'll turn in a request on this on
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