Country: Australasia Page 1 / 114
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- July 11 2025
Gallagher names Steve Lockwood as interim Australia head, following Sarah Lyons’ move
Lockwood, who is the managing director for Asia Pacific, joined the broker following its acquisition of Kiwi broker Crombie Lockwood.
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- July 11 2025
Ex-Tropical Cyclone Alfred accounts for 88% of pool claims since inception, ARPC says
Cyclone Alfred left 300,000 homes and businesses without power in Queensland and New South Wales during February and March.
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- July 11 2025
Turbulence ahead for aviation market amid renewed warning over ‘downbursts’
Australian airlines face increasing danger as weather risks multiply across the east coast.
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- July 10 2025
Aon New Zealand appoints Adrienne Booth as executive director for transaction solutions
Booth returns to her native New Zealand having most recently been head of commercial law at Aon in the UK.
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- July 9 2025
Dual confirms new ANZ regional leadership line-up with dual promotions
Howden-owned MGA appoints Michael Ussher and Paula Sheppard-Jones as managing directors of Australia and New Zealand, respectively.
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- July 8 2025
Howden expands Pacific footprint with acquisition of Kiwi broker Sherpa
Acquisition of the Christchurch-based broker will complement and strengthen Howden’s combined broking business in New Zealand.
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- July 7 2025
AIG hires Allison Emery in newly created Pacific delegated underwriting authority lead role
Sydney-based Emery joins the insurer from Lockton, where she was head of market management and key partnerships.
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- July 4 2025
Qantas cyber breach to create turbulence for insureds and insurers, but losses could fly under the radar
AIG-led cyber program placed by Marsh is unlikely to be significantly hit, industry sources told InsuranceAsia News.
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- July 3 2025
XL Insurance Company SE appoints Australian MGA Quay Marine Insurance as coverholder
Quay Marine can now underwrite commercial hull, marine liability, and cargo risks on behalf of XLICSE, which is part of Axa XL.
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- July 3 2025
TasInsure proposal ‘poses significant financial risk’, ICA says
Tasmanian Liberals Party has announced plans to set up a state-owned insurance company.
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- July 3 2025
Markel hires Joanna Quigan as senior underwriter for professional and financial risks
She will be based in Melbourne and report to Kym Beazleigh, head of professional and financial risks.
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- July 2 2025
As ‘bomb cyclone’ hits Australia’s NSW, 2025 losses top US$1.2bn
Coastal low weather system has led to damaging wind and heavy rainfall since Tuesday.
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- July 2 2025
‘Reinsurers have been quite clear that they’re still looking to grow’: Gallagher Re’s Heather Bone
At the July 1 renewals, while supply was abundant, demand is falling given increasing consolidation in Australia’s insurance industry.
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- July 1 2025
IAG lifts profit outlook as nat cat bill comes in below forecast
Australian insurer revealed that natural peril costs for FY2025 had come in roughly US$132m below expectations.
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- July 1 2025
Suncorp trims reinsurance tower even as rates soften, locks in multi-year deal
Despite exposure growth in its portfolio, Australian insurer expects the total cost of the program to be lower than in FY25, aided by reduced pricing, minor structural changes.
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- July 1 2025
Chubb strengthens global broker division in Australia with key leadership changes
Jennifer Vanek appointed national strategic relationship manager, global brokers division; John De Felice and Ryan Spettigue national relationship managers.
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- July 1 2025
BMS Australia snaps up Corporate and Commercial Insurance Brokers
Queensland-based broker specialises in risk management advice and insurance broking services to large, privately owned organisations.
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- June 30 2025
Howden Australia appoints Eliza Grant as head of M&A insurance
Sydney-based Grant previously worked at Marsh for four years, most recently as head of transactional risk for private equity and M&A services for the Pacific.
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- June 30 2025
Wild weather hits New Zealand, with ‘millions of dollars’ in damage from Nelson-Tasman rain, floods
IAG has received over 373 claims for home, contents, motor and commercial policies across Nelson, Tasman, Marlborough, Auckland, and other areas.
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- June 30 2025
Delta revamps operational structure, appoints Dinesh Murali as New Zealand CUO
Kiwi MGA also hands underwriting operations manager Simone Batty a new role as general manager of portfolio and distribution.