Ruling establishes meaning of ‘term defining the risk as a whole’ under section 11 of 2015 legislation

Crews should step up security rounds and heighten watchkeeping, piracy watchdog warns

Latest bond secures $50m reinsurance protection for earthquake and typhoon risks in Japan and introduces parametric earthquake cover for China and India

Cyclone Alfred left over 300,000 homes and businesses without power and caused severe damage to the beaches on the Gold Coast and Sunshine Coast

Acquisition strengthens specialty insurer’s footprint in marine

While most of these incidents are classified as ‘low-level crimes’, security experts have warned attacks have potentially serious consequences for seafarers 

M7.7 quake could lead to re-evaluation of earthquake risk in Thailand and lead to increased demand for cover

Pricing on loss-free Japanese programmes fell as much as 15%, ending an extended period of hardening, brokers report

Japanese giant to combine Mitsui Sumitomo Insurance and Aioi Nissay Dowa Insurance and implement governance changes after data leak scandal

Apra’s Magill urges more transparency on prices and conditions

Even current ‘phoney war’ may have unintended consequences including marine casualties, conference hears

German firm has reached ‘preliminary agreement’ with Ambani-backed company

Allowing 100% foreign direct investment will have far-reaching implications for India’s insurance sector and will encourage significant capital inflows

Fairfax-backed reinsurer to challenge state-owned GIC Re’s de facto monopoly

German insurance giant to sell 26% stakes in life and non-life joint ventures with Bajaj Group

Weakened former cyclone struck Queensland on March 8 and has generated more than 9,000 claims