Country: Australia Page 8 / 104
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- July 2 2025
As ‘bomb cyclone’ hits Australia’s NSW, 2025 losses top US$1.2bn
Coastal low weather system has led to damaging wind and heavy rainfall since Tuesday.
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- July 2 2025
‘Reinsurers have been quite clear that they’re still looking to grow’: Gallagher Re’s Heather Bone
At the July 1 renewals, while supply was abundant, demand is falling given increasing consolidation in Australia’s insurance industry.
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- July 1 2025
IAG lifts profit outlook as nat cat bill comes in below forecast
Australian insurer revealed that natural peril costs for FY2025 had come in roughly US$132m below expectations.
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- July 1 2025
Suncorp trims reinsurance tower even as rates soften, locks in multi-year deal
Despite exposure growth in its portfolio, Australian insurer expects the total cost of the program to be lower than in FY25, aided by reduced pricing, minor structural changes.
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- July 1 2025
Chubb strengthens global broker division in Australia with key leadership changes
Jennifer Vanek appointed national strategic relationship manager, global brokers division; John De Felice and Ryan Spettigue national relationship managers.
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- July 1 2025
BMS Australia snaps up Corporate and Commercial Insurance Brokers
Queensland-based broker specialises in risk management advice and insurance broking services to large, privately owned organisations.
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- June 30 2025
Howden Australia appoints Eliza Grant as head of M&A insurance
Sydney-based Grant previously worked at Marsh for four years, most recently as head of transactional risk for private equity and M&A services for the Pacific.
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- June 27 2025
Australia’s Clearlake Insurance to buy Logan Insurance Brokers
Acquisition is due to take effect on Monday, expanding Clearlake’s footprint across New South Wales and the broader Australian market.
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- June 27 2025
QBE promotes Patricia Priest to chief underwriting and transformation officer for Australia Pacific
Sydney-based Priest has been with QBE for over five years.
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- June 26 2025
QBE confirms new claims ‘strategic direction’, with ‘roles impacted’
Rachel Elmes, Arron Mann, Brenton Crabb, and Kate Peterson will leave the firm, IAN understands.
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- June 26 2025
QBE names Jo Hatcher as consumer MD for Australia Pacific
Sydney-based Hatcher has been with QBE for six years and has been general manager for SME and digital innovation since 2022.
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- June 25 2025
ICA welcomes emergency services levy reforms, calls for removal of state insurance-based taxes
Insurance Council of Australia was responding to state budgets in New South Wales and Queensland.
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- June 24 2025
BMS Australia appoints Ardonagh Global Partners’ Georgina Reilly as general counsel
Sydney-based Reilly will report to Australia CEO Andrew Godden.
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- June 24 2025
Allianz Australia names Luke Whenman as chief claims officer
Sydney-based Whenman was previously Suncorp's executive general manager for motor claims.
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- June 23 2025
Sharna Stallard returns to Agile as financial lines underwriter
Stallard has over 25 years of insurance experience with expertise across financial lines and general insurance broking.
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- June 19 2025
Wild weather claims surpass all of 2024 in just 5 months amid increasing severity, frequency: NRMA
Australian insurer says it received more than 32,000 wild weather-related damage claims in the first five months of 2025.
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- June 19 2025
Axa XL ships in QBE duo to boost Australia marine team
Ross Lawrenson joins as a senior marine underwriter and Sameen Naveed as a senior marine claims specialist.
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- June 19 2025
Global MGA United Risk completes acquisition of Australia’s Pinnacle Underwriting
Regional CEO Hayden Smith says the deal for the specialty facultative reinsurance MGA 'puts United Risk squarely within the top five largest MGAs in the world'.
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- June 18 2025
ACCC launches public review of IAG-RACQ deal, focuses on personal lines
The competition watchdog is conducting market inquiries as part of its standard merger assessment process.
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- June 17 2025
Ex-Tropical Cyclone Alfred claims top 68,000, ARPC says, losses estimated at US$941m
Majority of claims received are for food spoilage and property damage due to severe winds, fallen trees, or water ingress in homes.
