Country: Australia Page 2 / 103
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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Australian insurers demand review of ‘outdated’ public liability laws to ease cost pressure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.
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- October 1 2025
Allstate Underwriting, MSI partner to serve Australia’s SME farm insurance
MSI will provide capacity for Allstate’s ‘farm-pack’ product, offering coverage to property risks and vehicle exposures.
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- October 1 2025
Australia starts consultation on terrorism and cyclone reinsurance legislation
The Treasury has launched a statutory review of the Terrorism and Cyclone Insurance Act 2003, inviting public feedback on the relevance and governance of national reinsurance pools.
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- September 30 2025
Ex-Tropical Cyclone Alfred accounts for over 90% of pool claims since inception, ARPC says
Cyclone pool received 101,888 claims from the cyclone that affected Queensland and New South Wales during February and March, totalling to US$650m.
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- September 30 2025
Market Lane launches specialty reinsurance MGA
The Lane Re will offer facultative solutions to the Australian and New Zealand commercial property market, said group CEO David Porteous.
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- September 25 2025
IAG’s RAC Insurance acquisition faces member disquiet, club’s CEO claims deal is ‘best path forward’: report
The deal being scrutinised by ACCC, which said it can potentially weaken competition in the supply of motor and home and contents products in Western Australia.
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- September 23 2025
Australian regulator sues RACQ over misleading renewal comparison pricing
Australian Securities and Investments Commission has alleged that the IAG-owned carrier inflated 'last period premium' in more than 570,000 renewal documents sent to customers between September 2019 and December 2024.
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- September 18 2025
Envest buys additional 36.9% stake in Blue Zebra following Youi’s exit
Youi sold the interest for a total net proceeds of US$30.3 million, although Envest declined to disclose the new total percentage of its stake.
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- September 18 2025
Crawford Australia expands strata team with double appointment
Julio Agati and Ujjwal Gurung are part of Crawford's expansion of its dedicated strata team.
