Country: Australia Page 22 / 122
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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.
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- September 18 2025
Siân Mullane returns to AIG as senior property underwriter in Australia
She has specialised in property underwriting for most of her career, which has spanned the UK, New Zealand and Australia.
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- September 17 2025
Flood Re 2.0? Australia looks to UK’s blueprint to tackle rising nat cat exposures
Assistant treasurer and minister for financial services Daniel Mulino and Insurance Council of Australia CEO Andrew Hall are in London discussing greater resilience to emerging disasters and natural catastrophe risks.
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- September 16 2025
Market Lane assumes Arag legal insurance renewals
Transition will help the insurance group expand its footprint in the specialty insurance sector.
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- September 16 2025
Former Allianz Australia COO takes over as Honey Insurance CEO
David Krawitz succeeds current CEO and founder Richard Joffe, who moves into the role of executive chairman.
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- September 16 2025
Marsh’s Johannes-Daniel Veldsman to join Gallagher Australia in March
Veldsman has been working at Marsh for six and a half years, most recently as head of corporate and commercial for its Pacific business.
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- September 15 2025
Climate change puts 1.5m Australians at dire risk, warns first climate risk assessment
Australians living in high-risk communities face increasing costs as a result of rising insurance premiums, with widening protection gaps as many areas become uninsurable, according to a governement report.
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- September 15 2025
CFC adds Danton Stoloff as senior underwriter for APAC transaction liability team
Sydney-based Stoloff joins following five years at Marsh, where he most recently vice president for digital, senior operations and strategy leader for Pacific.
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- September 12 2025
Perils cuts Cyclone Alfred loss estimate to US$1.25bn
Ex-Tropical Cyclone Afred struck Australia's Southeast Queensland and northeastern New South Wales in February and March, leaving over 300,000 homes and businesses without power.
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- September 11 2025
Victor Insurance Australia names William Tien as underwriter
Tien previously spent over five years as an underwriter for Strata Community Insurance.
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- September 10 2025
Wind tops weather risks for Australians after stormy winter: IAG
Few protect their property despite Australia having 'some of the strongest and most variable winds in the world', according to a poll from IAG's NRMA Insurance.
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- September 8 2025
BHSI promotes Michael Hannigan to national manager for corporate property
Melbourne-based Hannigan has been underwriting manager for property since November 2023.
