Country: Australia Page 24 / 122
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- August 21 2025
APRA targets promoting cost-effective reinsurance to general insurers
Australian regulator's 2025-26 corporate plan says it will release details on its proposals in the first half of FY26, and in the latter half, it will report the results of its climate vulnerability assessment for the general insurance sector.
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- August 18 2025
Zurich veteran Mervyn Rea joins Howden as Pacific head of risk engineering
Melbourne-based Rea had spent over four decades at Zurich.
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- August 15 2025
Frontier Global taps Tokio Marine HCC for commercial PI capacity in Australia, New Zealand
Financial lines specialist MGA will target mid-market to large corporate clients.
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- August 14 2025
Suncorp underwriting result soars 54% to top US$1bn in FY25
Australian insurer's profit after tax was up 53% to US$1.2bn, boosted by asset sales and a 'favourable' natural hazard experience.
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- August 14 2025
Australian broker McLardy McShane seeks to ‘build the next generation’, unveils new look executive structure
Meg Long becomes CEO of McLardy McShane Partners, while Nick McLardy takes over as CEO of McShane Insurance Advisers.
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- August 13 2025
Australia’s Envest targets heavy motor fleet sector with new agency
Led by managing director Pat Miller, TLI Underwriting is set to launch on August 31 to deliver specialised, BHSI-backed insurance solutions.
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- August 13 2025
IAG FY25 net profit surges 51.3% to US$887m, COR improves to 87.2%
Strong uplift in profit driven by 'disciplined approach to pricing, underwriting and claims efficiencies, combined with favourable perils experience'.
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- August 12 2025
360 Underwriting hires CGU’s Pegah Vaghaye as Australian agencies’ COO
Sydney-based Vaghaye will oversee the optimisation of operational processes, integration of new agencies, and digital enablement initiatives.
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- August 11 2025
Markel eyes Australia marine growth with senior hire
Markel is expanding its marine offering in Australia beyond long tail lines with the appointment of Tim Wills.
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- August 11 2025
Australia’s new ‘hard line’ M&A rules snag small, mid-cap insurers amid overreach warning
Insurers and brokers face higher merger costs and greater execution risks as a result of the Australian government's new mandatory merger notification rules, competition lawyers say.
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- August 8 2025
QBE H1 profit rises 27% to over US$1bn; COR improves to 92.8%
Australian insurer's GWP in the first half of the year grew 11% to US$13.82bn, buoyant on stronger performance in core segments offsetting the drag from crop and non-core exits.
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- August 7 2025
Australia’s Community Broker Network expands to New Zealand with Folio tie-up
Under the terms of the deal, Folio will retain its platform and technology operations.
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- August 7 2025
Australian MGA Blue Zebra eyes commercial lines expansion, earning its stripes overseas
Managing director Colin Fagen tells InsuranceAsia News about plans to expand into liability, management liability, marine and professional indemnity, and to also license its proprietary platform to MGAs and insurers overseas.
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- August 6 2025
Gallagher acquires Australian agri specialist broker Mack Insurance
Lizzie Carver-led business will integrate with Gallagher, working from offices in Wagga Wagga and Narrandera in New South Wales.
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- August 5 2025
Chubb promotes Matthew Dick to head of claims for ANZ
Since joining Chubb in 2007, Dick has held a range of specialty claims leadership roles in the UK and APAC.
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- August 4 2025
Australian MGA IIS expands business to New Zealand, names Gert Stander as head of operations
Australian MGA is specialised in strata, commercial and community property insurance.
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- August 4 2025
Everest promotes James McPartland to Asia head of property
Melbourne-based McPartland joined Everest from Chubb in January 2024.
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- August 4 2025
Floods, strong winds, snow, hail cause havoc as wild weather hits across parts of Australia
More than 21,000 people were left without power in New South Wales' Hunter Valley, while 20,000 Perth homes were without power following severe storms.
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- August 4 2025
Rhodian-backed Australian construction-focused MGA receives Lloyd’s coverholder status
Melbourne-based Scope Underwriting was co-founded by Nick Vernon and Rob Higginson in October.
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- August 1 2025
Allianz Australia combines commercial, personal injury teams
New division will be led by chief general manager Julie Mitchell.
