by studio22 | Sep 5, 2022 | News
Traditionally, the insurance market cycle follows a 7-10 year trend. To help simplify and explain this process… When premiums increase to a stage where insurers receive strong profits, this leads to new competitors entering the insurance market. This increased...
by studio22 | Aug 30, 2022 | News
While the global transport industry maintained its long-term positive safety record in the past year, Russia’s invasion of Ukraine and subsequent cost increases involving large vessels, crew shortages, port congestion issues and the Suez canal obstruction, meant...
by studio22 | Aug 17, 2022 | News
Commercial and Residential Strata Insurance covers the specific insurance needs of owners of units and offices. Commercial and residential strata insurance is issued to the Owners Corporation (previously Body Corporate). The owners corporation of each property is...
by studio22 | Jul 20, 2022 | News
Cyber risk liability insurance helps protect you against claims and supports your profitability in the event of a cyber-attack or breach. Cybercrime is on the rise. The Australian Cyber Security Centre (ACSC) received more than 67,500 cybercrime reports in the...
by studio22 | May 26, 2022 | News
Across the insurance industry, we often see articles regarding the hardening market cycle, largely due to an increase in natural catastrophes around the world. However, there is one item that is often not discussed in great detail, which is claims inflation. Claims...
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