Country: Australia Page 2 / 103
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- October 28 2025
AUB Group confirms US$3.4bn takeover bid by EQT
ASX-listed broker received an unsolicited and non-binding indicative proposal from Arbutus, an EQT affiliate, on September 26 offering AU$45 cash per share.
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- October 27 2025
Australian insurers face wave of claims after severe thunderstorms
Suncorp said it has received thousands of claims from Queensland and Victoria following violent thunderstorms on Sunday.
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- October 23 2025
Allianz in pole position to buy Nib Holdings’ travel business: report
Besides Allianz, two other bidders are interested in Nib Holdings' travel insurance business, according to an AFR report.
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- October 23 2025
IAG upgrades FY26 guidance following RACQ’s acquisition
The Australian insurer now expects GWP growth of approximately 10% in FY26, up from the original 'low-to-mid single digit' range.
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- October 23 2025
Gareth Edwards joins Berkley Insurance Australia as head of claims
Sydney-based Edwards, who most recently worked at JLT Public Sector, has over two decades of experience in claims.
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- October 23 2025
Australia’s proposed reinsurance overhaul to turbo-charge ILS sector
Changes would see a wide-ranging liberalisation of the reinsurance market, including an adjustment to reinstatement requirements, and a more light-touch approach.
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- October 21 2025
QBE promotes Chris Killourhy to group CFO
Killourhy replaces Inder Singh, who resigned in August to join National Australia Bank.
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- October 20 2025
Australia prepares for ‘hotter-than-normal summer’: BOM
The Bureau of Meteorology also warned of increased risk of bushfires and increasing risk of powerful storms.
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- October 16 2025
Australia’s cyclone pool delivers 37% premium cut in highest-risk areas: ARPC
Premiums and quote success rates improve across cyclone-prone regions, with SME policies seeing further reductions.
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- October 15 2025
360 Underwriting acquires agri specialist MGA Crop Risk Underwriting
Sydney-based Crop Risk, which was founded in 2019, offers broadacre insurance, cotton crop (hail and fire) insurance and remote-sensed fire insurance for perennial trees and vines.
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- October 15 2025
Gallagher Australia appoints Rafael Quijada as client manager for energy
Perth-based Quijada transitions to energy insurance after spending over two decades in the energy sector, most recently at Halliburton.
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- October 15 2025
Australian insurers demand review of ‘outdated’ public liability laws to ease cost pressure
Insurance Council of Australia has made recommendations for state and territory governments to modernise and unify public liability laws that haven’t been reviewed in almost 25 years.
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- October 14 2025
Australian court restrains Marsh from pursuing Greensill claims in UK
The 'anti-anti-suit injunction' in the sprawling litigation follows Marsh's claims that Greensill is contractually bound to resolve its disputes in England.
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- October 13 2025
Steadfast merges underwriting arms to create new specialty MGA Prevail
The broking group combined Mansions, Dawes Motor Insurance and Argis Insurance to form the new underwriting agency, which will be led by CEO David McMurdo.
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- October 10 2025
Scott Luxford joins Markel to manage Australian distribution
Luxford, who joins from agri MGA Harland Green, will be head of distribution and MGA strategy.
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- October 9 2025
Coalition promotes Trent Nihill to Australia country manager
Since launching in Australia in 2023, the cyber specialist MGA has written over 5,000 local policies.
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- October 8 2025
ARPC in ‘strong financial position’ despite ‘large scale’ impact of ex-Tropical Cyclone Alfred
Australian Reinsurance Pool Corporation suffered an operating deficit of US$587.5m during the 2024-25 financial year, according to its annual report.
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- October 7 2025
Eye in the sky expands tropical cyclone coverage across Australia, Japan to ‘fill the gap’ amid rising demand
Finnish firm ICEYE is also close to launching an earthquake product in Japan, global head of insurance Stephen Lathrope tells InsuranceAsia News.
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- October 6 2025
Australia’s insurance losses down 25% in 2024–25, ICA says
Declared events over the 12 months to June 30, 2025, included one cyclone and two floods, according to the Insurance Council of Australia (ICA).
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- October 6 2025
Australian insurance sector remains stable despite slow topline growth, geopolitical tensions: S&P
However, supply chain disruptions and large losses from perils could also increase market volatility.
