David Walker

Perils cuts cyclone Alfred cost estimate by 12%

California insurance commissioner investigates State Farm's wildfire claims handling

Insurers have paid about $17bn so far to policyholders impacted by the Los Angeles wildfires

Fitch Ratings cites Taiwan FX hedging costs for TransGlobe Life's negative rating watch

TGL's mismatch-hedging to "come under pressure" after "surge in hedging costs," Fitch predicts

Allianz gets nod to expand Australian non-life business

Challenger welcomes Apra's consultation on life illiquidity premium

Australian annuity writer calls proposals "significant improvement" on current capital settings

QBE and IFC team up to narrow property protection gap in Asia-Pacific

Swiss Re has estimated a $113bn natcat protection gap across emerging Apac nations

Apra to cut capital requirements for well-matched annuity writers

But Australian regulator stops short of Solvency II-style matching adjustment for now

Japan's life policy surrender rates remain stable at 4%, Fitch says

But Japan's birthrate hit record lows in 2024 - to the clear concern of life insurers

Bribery charges laid in Hong Kong linked to former Vesttoo employee

Bribes worth over $470,000 related to "authenticating false documents", ICAC alleges

California's Q1 fires put $10.5bn dent in US P&C underwriting profits