Country: Australasia Page 2 / 138
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- July 2 2026
Reinsurance pools must be designed to ‘absorb volatility, not just price for it’: ARPC chief
Affordability and resilience must be addressed together, warning that focusing on one in isolation is unlikely to deliver sustainable outcomes, Australian Reinsurance Pool Corporation CEO Christopher Wallace says.
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- July 2 2026
EBM Insurance & Risk hands Ryan Cameron, Ashton George expanded leadership roles
As part of a new national leadership structure, managing director of broking Peter McLachlan will be leaving EBM Group.
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- July 2 2026
We’ve seen reinsurers’ appetite prevail at 1.7, Gallagher Re’s Roshan Perera says
New managing director and head of APAC tells InsuranceAsia News that while there seems to be some more room for rate reduction, cedents will certainly benefit from more options and flexibility in future renewals.
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- July 1 2026
Pricing is converging towards technical adequacy at 1.7, not overshooting it: Gallagher Re
Relatively late renewal saw market dynamics in Australia and New Zealand continuing to favour buyers with loss free cat layers recording up to 17.5% reduction, alongside improved commissions.
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- July 1 2026
Aviva’s Probitas Pacific names Jill Stewart as Australia head
Former Willis executive to join Lloyd’s Syndicate 1492 succeeding Max Broodryk, who is leaving to explore new opportunities.
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- July 1 2026
Australian ‘gatekeeper’ firms urged to review PI cover as sweeping regulatory changes come into effect
New money laundering and counterterrorism rules, which came into effect on Wednesday, will see strict penalties imposed.
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- June 30 2026
Cedents secure rate cuts, better terms, structural improvements at 1.7: Howden Re
Assertive buyers, abundant capacity, benign loss experience and consolidation contribute to 10-15% rate reductions on loss-free business.
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- June 30 2026
Corinne Biagioni joins Specialist Risk Group as partner, Australia head of construction
She was formerly with Gallagher for over six years, with her most recent role as team leader for civil and construction.
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- June 30 2026
New Zealanders lose faith in climate risk management as insurance costs bite: poll
Over 60% of New Zealanders say the government should prioritise reducing climate risks to help bring down insurance costs.
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- June 29 2026
Marsh New Zealand promotes Gabe Money to risk consulting leader
Auckland-based Money, who joined Marsh in February 2022, will lead the risk consulting team in delivering tailored risk management solutions.
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- June 26 2026
Buyer-friendly renewals persist at 1.7 as soft market signs mount, but reinsurers signal pricing floor
Rate reductions of 10–15% on loss-free business, with deeper cuts in some cases, as terms and conditions hold firm, industry insiders told InsuranceAsia News.
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- June 25 2026
‘Big shoes to fill’ as Michael Abdallah departs Liberty after 27 years, Marcus Thomas named CUO
Chairman of Australia and chief underwriting officer for Asia Pacific will retire on September 30, with Hong Kong-based Thomas taking over as CUO in the region on July 1.
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- June 25 2026
Australia’s cyclone pool has moderated premiums in high-risk areas: ACCC
Pool is delivering targeted premium relief for households and small businesses most exposed to cyclone risk, although broader cost pressures continue to push prices higher nationwide.
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- June 25 2026
PSC Insurance Brokers acquires transport specialist MA Insurance Brokers
Ardonagh Group-owned Australian broking group says the deal strengthens its capabilities in the transport and logistics sector.
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- June 25 2026
HDI Global hires Amiel Poonan as property underwriter
He joins in Brisbane following broking stints at Barrack Broking and PSC Insurance Group.
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- June 24 2026
ICA launches consultation on new legally enforceable code of practice draft
Other provisions include automatic claim acceptance for home and motor claims which have not received a decision within a year of filing, and stronger support for vulnerable customers.
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- June 23 2026
Piers Maunder retires from Australia reinsurance industry after 50-year career
He has been a senior adviser to Gallagher Re since 2023.
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- June 23 2026
‘Time for reform is now’: state budget highlights need for emergency services levy overhaul, ICA says
New South Wales budget showed the levy is forecast to collect over half a billion dollars more from policyholders across the four years to 2029-30 than the government projected.
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- June 23 2026
Tower promotes Dan Walker to chief claims officer
He replaces Steve Wilson, who stepped down and returned to Australia.
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- June 22 2026
GT Insurance taps Yanna Walters as chief strategy, innovation officer
She returns to Australia after more than a decade in the United States.
