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- June 17 2026
Underwriters far from returning to pre-war war risk pricing even as US-Iran deal looms, brokers say
Marine war rates are likely to remain around 1% for the next week or so, with a possible drop to the 0.8%–0.6% range in the subsequent week should there be genuine and sustained signs of de-escalation.
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- June 17 2026
ACCC approves Zurich-Beazley deal, finds ‘unlikely’ threat to competition
Two insurers would likely continue to face competition from multiple alternative suppliers of specialty insurance products in Australia, according to the Australian Competition and Consumer Commission (ACCC).
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- June 17 2026
India’s GIC Re appoints Hitesh Joshi as chairman, MD
He most recently served as interim chairman and MD, following the retirement of Ramaswamy Narayanan.
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- June 16 2026
Cyber insurance limit adequacy under the microscope across Asia as average ransomware event cost tops US$5m
More than 95% of average data breach losses and 90% of average first-party losses are adequately covered by insurance, according to Willis' latest cyber report.
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- June 16 2026
Corporate travel insurers brace for more Middle East war-related claims as Iran conflict continues
Until insurers know the full financial impact of the claims, general corporate travel pricing is expected to remain stable, Melanie Barrett, head of A&H at MGA Dual Australia, tells InsuranceAsia News.
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- June 12 2026
Munich Re Specialty promotes Philip Steinbach to head of surety underwriting for Australia
Sydney-based Steinbach was most recently a senior underwriting consultant for surety when he joined the insurer 10 months ago.
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- June 11 2026
Australia claims costs rise as Middle East tensions drive fuel, freight, construction inputs inflation: Crawford
Underinsurance risk may become more apparent as replacement costs outpace policy coverage, loss adjuster says.
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- June 10 2026
Philippines quake to weigh on reinsurers despite insured losses capped by low penetration: AM Best
While overall insured losses remain limited, multi-line losses from the 7.8-magnitude earthquake will impact reinsurers, reflecting the market’s reliance on global capacity.
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- June 10 2026
Steadfast receives takeover offer
Australian broker's shares entered trading halt pending 'a potential control transaction', according to a stock exchange filing.
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- June 10 2026
Helia Group taps Mark Senkevics as CEO, managing director
Senkevics was most recently CEO for underwriting agencies at Steadfast Group.
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- June 10 2026
IAG warns New Zealand’s ‘piecemeal’ approach to natural hazards is unsustainable
Insurer has identified 42 gaps in the current nat cat resilience effort and proposed a 15-year roadmap to strengthen the country's risk reduction strategy.
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- June 9 2026
Chubb Australia appoints trio to manage key distribution relationships with Envest, Steadfast, Austbrokers
The insurer has promoted Mark Roberts, Annelisa Richardson and Brendan Behm to newly established national relationship manager roles.
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- June 8 2026
Strong 7.8 quake off southern Philippine causes widespread damage, fatalities
Death toll from the strongest earthquake in over a decade in the Philippines has risen to 14 and approximately 10,000 families have been affected
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- June 5 2026
ICA, ICNZ formally join forces to strengthen community resilence, confidence
- Industry associations
- Australia
- Strategy
- Insurance Council of Australia
- Insurance Council of New Zealand
Resilient Insurance Markets Initiative formalises what has been an informal trans-Tasman relationship into a structured, bilateral commitment.
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- June 5 2026
Cyber specialist Emergence acquires renewal rights to Blue Zebra’s cyber portfolio
Aaron Langmaid, Blue Zebra’s head of cyber, will join Emergence in July as part of the acquisition.
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- June 4 2026
Markel appoints Matthew Stock to lead new Australian fine art and specie offering
Sydney-based Stock joins from 360 Underwriting Solutions, where he was executive director for fine art and specie.
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- June 4 2026
‘There is no stopping it’: game changing AI set to outgrow cyber, presents opportunity for insurers
Losses are being covered by traditional policies as only a handful of players offer standalone AI-driven liability products, but with adoption surging and litigation rising, the standalone market could eventually outgrow cyber insurance, industry insiders tell InsuranceAsia News.
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- June 3 2026
Australia broker channel grows faster than non-life sector, posts 6.1% CAGR: NIBA
Broker-placed business reached US$25.5bn in 2025, accounting for about 46% of the general insurance sector in the country.
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- June 3 2026
AM Best upgrades Hong Kong reinsurer FuSure on strong balance sheet, Tencent backing
Rating agency upgrades financial strength rating to A (excellent) and long-term issuer credit ratings to a (excellent).
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- June 2 2026
Marsh hires Kazutoyo Kobayashi as senior vice president for credit specialities in Japan
Tokyo-based Kobayashi was most recently a client manager at Munich Re.
