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1 week ago | 
insurancebusinessmag.com | Rod Bolivar
Reinsurance News By Jun 17, 2025 Share Everest Reinsurance has promoted Himanshu Garg to head of new business initiatives for the Asia Pacific region, the company announced. Garg will also retain his role as head of India. The appointment was confirmed on LinkedIn by Kevin Bogardus, chief executive for Everest Reinsurance’s Asia Pacific operations. Garg, who joined Everest in September 2018, has held the position of vice president for nearly seven years.
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1 week ago | 
insurancebusinessmag.com | Rod Bolivar
Reinsurance News By Jun 17, 2025 Share Bermuda International Long Term Insurers and Reinsurers (BILTIR) and the Association of British Insurers (ABI) have entered into a Memorandum of Understanding (MoU) that sets the foundation for ongoing collaboration on insurance and reinsurance sector developments.
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1 week ago | 
insurancebusinessmag.com | Rod Bolivar
Reinsurance News By Jun 17, 2025 Share A new player in the global reinsurance sector is preparing to begin operations out of Abu Dhabi. Reinsurance Intelligence Quotient (RIQ), a platform developed through a partnership involving Investment Holding Company (IHC), BlackRock, and Lunate, has been formally launched at the Abu Dhabi Global Market (ADGM), the international financial center of the UAE capital.
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1 week ago | 
insurancebusinessmag.com | Rod Bolivar
Reinsurance News By Jun 17, 2025 Share Following a 35% increase in year-over-year revenue and improved profitability in Q1 2025, Kin Insurance Inc. has completed its catastrophe reinsurance programs for the period of June 1, 2025, to May 31, 2026. The programs provide more than US$1.6 billion in total coverage for the carriers managed by Kin – Kin Interinsurance Network and Kin Interinsurance Nexus Exchange.
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1 week ago | 
insurancebusinessmag.com | Rod Bolivar
Reinsurance News By Jun 17, 2025 Share SurancePlus, a subsidiary of Oxbridge Re Holdings Limited, is expanding its reinsurance tokenization operations through a newly announced collaboration with the Midnight Foundation. The partnership introduces SurancePlus to the Midnight blockchain network, which is designed to support privacy-compliant transactions using zero-knowledge proof technology.
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1 week ago | 
mpamag.com | Rod Bolivar
Exec held leadership roles in NZ, Australia, and UK By 17 Jun 2025 The Real Estate Institute of New Zealand (REINZ) has appointed Lizzy Ryley as its new chief executive, effective Monday, June 16, 2025.
Ryley brings executive experience from several membership-based and consumer-focused organisations in New Zealand, Australia and the United Kingdom.
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1 week ago | 
mpamag.com | Rod Bolivar
Renters may be saving more this year By 17 Jun 2025 New Zealand’s average weekly rent has declined to its lowest level in six months, with national figures falling to $633 in May – down $27 per week compared to the same time last year.
The 4.1% drop represents a potential saving of around $1,400 annually for tenants, according to data from realestate.co.nz.
The downward shift in rental prices has been observed in most parts of the country.
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1 week ago | 
mpamag.com | Rod Bolivar
Early signs of renewed buyer activity are emerging By 17 Jun 2025 Residential property values across New Zealand remained largely stable in May, with only minor movements recorded in most urban areas as the pace of market softening continued to ease.
According to the latest QV House Price Index, the national average value rose marginally by 0.1% in the three months ending May 2025, reaching $913,772.
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1 week ago | 
mpamag.com | Rod Bolivar
Appointee is a long-time consultant of the company By 17 Jun 2025 The Mike Pero Group has named Lenska Papich as the new head of its franchise operations, placing her at the helm of a business that has been operating in New Zealand for more than three decades.
Papich, who has worked with the group in a consulting capacity over several years, will formally assume leadership of the Mike Pero business this week.
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1 week ago | 
brokernews.com.au | Rod Bolivar
News By Jun 17, 2025 Share Australia recorded its largest quarterly improvement in housing affordability since 2016, according to the Real Estate Institute of Australia’s (REIA) Housing Affordability Report for the March 2025 quarter. Housing affordability improved nationally for the first time in 12 months, with the proportion of median family income required to meet average home loan repayments dropping by two percentage points to 48%.
