Country: Pacific Page 1 / 106
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- February 28 2025
‘Avoid building in dumb places’: Kiwis want more investment in extreme weather protection
Insurance Council of New Zealand survey shows 'Kiwis want to see more investment in resilience measures', chief executive Kris Faafoi says.
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- February 28 2025
Australia motor body ‘strongly opposes’, calls for watchdog to reject IAG-RACQ, Allianz-RAAI deals
Australian Competition and Consumer Commission (ACCC) had initiated an investigation into the deals in February.
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- February 27 2025
Swiss Re CorSo unveils market units structure, names Robert Hunziker Asia head
Kevin Bates has been designated market unit head for Australia and New Zealand with the new organisational structure set to roll out from June 1.
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- February 27 2025
Australia’s WA, SA, Victoria at heightened risk of autumn bushfires: AFAC
National Council for Fire & Emergency Services (AFAC) says the 'fire season in these areas may go a little longer this year'.
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- February 26 2025
Howden strengthens Western Australia presence with Major acquisition
Major Insurance Services will play an integral part in the broker's regional business, and will continue to operate from its Bunbury office.
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- February 26 2025
‘A big idea to confront a big problem’: Insurance Council of Australia calls for US$19bn flood defence fund
Fund is the centrepiece of the ICA's Advancing Australia’s Resilience policy document, which provides recommendations for the next federal government.
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- February 26 2025
QBE hands Julie Starley permanent role as chief claims officer for Australia Pacific
She had held the role on an interim basis following the departure of Jon Fox at the end of 2024.
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- February 25 2025
Steadfast’s H1 FY25 revenue grows 11.5% to US$561m
Australian broking and underwriting group is on target to complete US$191m of trapped capital acquisitions in FY25.
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- February 25 2025
Steadfast’s Nick Cook named new president of Australia’s brokers association
Gary Okely will remain on the NIBA board as a director after his term as president came to an end.
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- February 25 2025
AUB’s profits grow 13% to US$50m in H1 FY25
Revenues across the broker's businesses grew 12.1% to US$454m, with the full-year earnings forecast reaffirmed between US$121-127m.
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- February 25 2025
Gallagher promotes Australia, Asia chief Sarah Lyons to global specialty CEO role
She will take over the London-based role from current CEO Jonathan Turner, who is leaving the business.
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- February 25 2025
Australia’s insurers ‘still have more to do’ after 2022 floods despite ‘significant progress’
Insurance Council of Australia report highlights the progress made in response to seven recommendations put to the industry after Australia's most costly extreme weather event.
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- February 25 2025
HDI Global welcomes new head of distribution for NSW, ACT
Brandt Connor takes up the newly created role having spent almost eight years with Allianz, most recently as national relationship manager.
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- February 24 2025
Australia’s higher premiums may stifle new policy growth, lead to underinsurance: S&P Global
Insurance is already very costly in Australia's high-risk areas, and premiums are unlikely to fall anytime soon, S&P Global Ratings said in a report.
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- February 24 2025
Evergreen Partners takes minority stake in New Zealand’s Delta International
Amy Ellis, director at Auckland-based private equity firm Evergreen Partners, will also join the MGA's board in a non-executive capacity.
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- February 23 2025
AUB Group enters into equity partnership with New Zealand’s OFS Insurance Brokers
'Strategic acquisition aligns with AUB’s commitment to expanding its footprint in New Zealand', AUB said in a LinkedIn update.
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- February 21 2025
QBE FY24 GWP up only 3% to US$22.4bn on portfolio exits, lower crop premium
Insurer reports an improved COR of 93.1%, supported by a favourable catastrophe experience, alongside a more stable central estimate reserve development.
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- February 21 2025
Australia’s US$8.9bn terrorism reinsurance pool finalises 2025 retrocession program
Australian Reinsurance Pool Corporation (ARPC) chief executive Christopher Wallace says it was important to maintain the pool's strong position in the global terrorism reinsurance market.
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- February 21 2025
New Zealand’s Otago flood insured losses hit US$19.4m, top 2015 floods
Insurance Council of New Zealand data shows 1,920 private insurance claims were made following the deluge which hit at the start of October.
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- February 20 2025
Opinion: Peter Dutton’s poorly thought-through proposals for Australian insurers are a shambles
Australia’s opposition leader suggested that his party would extend their policy of forcing supermarket chains to divest some of their assets into the insurance sector.
