Country: Australia Page 1 / 118
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- July 3 2026
Suncorp FY26 nat cat costs top US$1.5bn, exceeds allowance
Australian insurer expects GWP growth of approximately 2.7% for the finacial year ended June 30.
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- July 3 2026
Darren Toll named Austbrokers Countrywide and Adroit Insurance & Risk businesses group CEO
Tim Considine transitions to a role as group executive chair following the merger between Austbrokers Countrywide and Adroit Insurance & Risk.
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- July 3 2026
Suncorp renews FY27 cat program with higher top-end, 5-year aggregate cover
Carrier reports higher reinsurance costs due to aggregate cover, which is offset by capital efficiency gains, including reduction in excess capital and capital release.
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- July 3 2026
Australia’s Metrix Insurance Group acquires Coverscope Insurance Brokers
It is the first of a strategic pipeline of acquisitions that will continue to support the long-term growth of the Metrix.
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- July 3 2026
Zurich enters Australian home insurance market via new Honey tie-up
Agreement follows a similar partnership to offer pet insurance in March.
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- July 3 2026
‘Forerunners in the unforeseeable’: Knightcorp challenges the status quo in Australia’s consolidated insurance market
CEO Trent Brown tells InsuranceAsia News' Between the Lines podcast that three pillars are redesigning insurance broking from the ground up.
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- July 2 2026
Australia’s cyclone reinsurance pool only part of the answer, brokers association says
National Insurance Brokers Association (NIBA) responds to the release of the fifth and final insurance monitoring report by the Australian Competition and Consumer Commission (ACCC).
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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 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.
