Country: Australasia Page 1 / 128
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- February 27 2026
Australian insurers facing elevated US$2.1bn bill from late-November storms: Perils
Compares to an initial loss estimate of AU$2.6 billion by in January following the severe convective storms which hit Queensland and New South Wales.
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- February 27 2026
Australia’s financial watchdog sues Auto & General over ‘misleading’ discount ads
Australian Securities and Investment Commission says around 39,000 customers were affected between March 2020 and July 2024, with Auto & General Services having already refunded US$2.7m.
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- February 27 2026
Allied World promotes Camela Santos to property vice president
Sydney-based Santos has been with Allied World in Australia and Singapore for over five years.
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- February 27 2026
Opinion: Australia’s approach to terrorism risk – wilfully perverse?
Australian Reinsurance Pool Corporation purchased a reduced retrocession limit of US$1.48bn with an increased deductible of US$356m for its terrorism retrocession program despite the soft market.
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- February 26 2026
Victoria bushfire losses reach US$560m: Perils
Initial estimate reflects significant property and motor losses after extreme heat and fast‑moving fires swept across rural areas of the Australian state in early January.
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- February 26 2026
Liberty Mutual Reinsurance names John Nicholls as ANZ casualty underwriting manager
He joins from Liberty Speciality Markets' Sydney team, in an internal move as part of the larger Liberty Mutual Group.
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- February 26 2026
ICA calls for reforms to Australia’s small business insurance market
Small businesses in Australia face 'complex pressures', according to Insurance Council of Australia (ICA) CEO Andrew Hall.
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- February 25 2026
UK government sanctions Maritime Mutual New Zealand over alleged Russia links
UK says there were 'reasonable grounds to suspect' the firm had benefited from or supported the Russian government by operating in a strategic industry.
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- February 25 2026
Gallagher Australia confirms Marsh veteran Alex Lumby as CEO
He succeeds Sarah Lyons, who has relocated to the UK as the CEO of the broker’s London-based specialty division.
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- February 25 2026
Allied World promotes Ben Schindler to assistant vice president
He is based in Sydney and has been with Allied World for more than five years.
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- February 25 2026
Marsh appoints ex-Steadfast executive Noelene Palmer as Pacific COO
Sydney-based Palmer left the Australian broker in November after her role was made redundant.
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- February 24 2026
Steadfast tops AU$1bn in half-year revenue as profits surge
The group’s EBITA grew 12.6% to US$208m, while fee and commission income rose 17% to US$640m.
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- February 24 2026
Jason Hammond appointed CEO of Ansvar Insurance Australia
He replaces Melbourne-based Warren Hutcheon, who will retire after 12 years with the company.
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- February 24 2026
Austbrokers Countrywide and Adroit merger to create ‘significant’ opportunity
Proposed merger between the two AUB Group brokers will strengthen the combined group’s presence across Melbourne, regional Victoria, and southeast Queensland.
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- February 24 2026
AUB Group lifts net profit by 14% in H1 FY26 despite New Zealand softening
Australian insurance broker also confirmed the appointment of Nick Dryden as CFO.
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- February 23 2026
Steadfast CEO Robert Kelly to retire, successor to be in place by August
Co-founder is set to remain on the board of the Australian broker after his retirement and transition to a non-executive director role.
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- February 23 2026
IAG’s Amanda Whiting takes on new group role
Whiting has returned to Australia after four years as CEO of IAG New Zealand.
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- February 20 2026
ICA calls for Compensation Scheme of Last Resort reforms
Insurance Council of Australia (ICA) says attempting to expand professional indemnity cover move the problem from one group to another.
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- February 20 2026
QBE’s net profit grows 21.1% in FY25
Australian insurer reported COR of s 91.9% benefitting from a 'favourable' loss environment in 2025, with a 28.3% reduction in catastrophe claims.
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- February 20 2026
Swiss Re CorSo to acquire QBE’s trade credit and surety business
Deal will significantly expand Swiss Re CorSo's footprint in the global trade credit and surety market.
