Country: Australia Page 9 / 119
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- March 24 2026
Widening protection gap presents Australia with systemic financial risk : APRA
- Industry associations
- Australia
- Catastrophe
- Australian Prudential Regulation Authority
- Insurance Council of Australia
One in four households could be uninsured by 2050, according to Australian Prudential Regulatory Authority (APRA) modelling.
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- March 23 2026
ARPC declares end of ex-Tropical Cyclone Narelle after 162 hours
System brought up to 200mm of rain to some areas having made landfall in Far North Queensland on Friday.
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- March 22 2026
Ex-Tropical Cyclone Narelle tracks across Northern Territory, set to re-intensify off Kimberley coast
Heavy rain likely to cause significant and rapid river level rises across the Katherine River catchment, according to the Bureau of Meteorology.
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- March 20 2026
Tropical Cyclone Narelle makes landfall in Far North Queensland
Narelle is the 10th named cyclone to hit Australia during the current season.
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- March 19 2026
Teresa Pollard named interim Delta Insurance Group CEO
She replaces Kent Chaplin, who is stepping down after seven years in charge of the MGA, while their are also new roles for Joleene Dawson and Andrew Beaton.
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- March 18 2026
‘Biggest system in living memory’ edges towards Australia’s coast, ARPC declares event
Narelle is the 10th named cyclone to hit Australia during the current season, which runs from November to April, according to the Bureau of Meteorology.
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- March 18 2026
Softening mining market tests insurers as ESG lines blur, capacity surges
Expanding capital, easing ESG positions and aggressive competition are reshaping Australian mining insurance, even as tailings storage facilities, water risks and climate volatility keep underwriting discipline under pressure
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- March 17 2026
Legacy specialist RiverStone launches Australian unit led by Mark Fleiser, strikes Zurich LPT deal
The US$283m loss portfolio transfer deal with Zurich will primarily cover Australian legacy professional indemnity, general liability and workers’ compensation portfolios.
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- March 17 2026
Japan, Australia export insurers renew reciprocal reinsurance pact
Deal between Export Finance Australia and Nippon Export and Investment Insurance streamlines reinsurance operations and boosts support for exports to third countries and joint projects.
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- March 16 2026
BHSI appoints Julian Baumbach as ANZ head of motor
He was most recently motor underwriting manager of New South Wales and Australian Capital Territory at Zurich Insurance.
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- March 16 2026
Queensland flooding claims top 2,000 as clean-up begins
Major flooding resulted in the inundation of more than 200 properties, evacuations and significant isolation for remote communities.
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- March 16 2026
Market Lane revamps Australia leadership, underwriting teams to support ‘continued growth’
Managing director David Porteous named CEO, with Toby Salmon, Shane Golding and Matthew Porteous assuming managing director roles.
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- March 13 2026
Australian cyber market softening slows as threat level increases: Gallagher
Demand for cyber insurance in Australia is escalating following high-profile breaches and advances in technology, broker says.
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- March 12 2026
Perils lowers Cyclone Alfred final insured losses estimate to US$1.34bn
Personal lines accounted for 70% of total industry losses, commercial lines 26%, and motor lines 4%.
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- March 12 2026
ICA declares significant event following Northern Territory, Queensland floods
Heavy rain and flash flooding has struck Queensland and the Northern Territory this week.
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- March 11 2026
Steadfast acquires food and beverage specialist broker Victual
The deal also includes Victual's MGA business @ Risk Underwriting, which specialises in product recall solutions for the sector.
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- March 11 2026
ICA calls for a review of Australia’s liability laws
Outdated liability laws are pushing up premiums for small businesses, according to the ICA.
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- March 11 2026
Canopius’ APAC premiums climb 22% to US$461m, COR drops to 81.2%
Samsung-backed Lloyd's carrier hails strong engineering and Australian casualty lines growth.
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- March 10 2026
Gallagher Australia appoints Marsh’s Johannes-Daniel Veldsman as chief commercial officer
Sydney-based Veldsman will have national responsibility for the majority of the broker's specialism teams, according to a company note seen by InsuranceAsia News.
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- March 9 2026
Stephen Ward to lead Steadfast’s newly formed Miramar Group
Steadfast has brought together seven MGAs under one entity led by CEO Ward.
