Country: Pacific Page 1 / 135
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- April 22 2026
Pacific insurance rates drop 12% in Q1, extending soft market streak to 2 years: Marsh
Region saw the steepest decline in rates globally, according to Marsh’s Global Insurance Market Index.
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- April 22 2026
Asia insurance rates fall for ninth straight quarter: Marsh
Property, casualty, finpro, and cyber lines all saw rate reductions amid strong insurer competition and evolving risk landscapes, according to Marsh’s Global Insurance Market Index.
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- April 22 2026
Newline promotes Rebecca Smith to senior underwriter for Australia PI team
Sydney-based Smith, who has been with the specialty insurer as an underwriter since joining October 2024, will work under head of professional indemnity Nick Beswick.
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- April 22 2026
Wellington remains under state of emergency after torrential rain, flash flooding
Wellington received a record 77mm of rain in less than an hour on Monday.
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- April 21 2026
Australian non-life profit surge continues amid premium moderation: AM Best
Sector holds firm on GWP growth, strong investment returns and benign nat cat despite an increasingly complex risk landscape and heightened regulatory scrutiny.
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- April 21 2026
Aon New Zealand elevates Michael Twyman to specialty GM
He has been with Aon in New Zealand for over 12 years.
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- April 21 2026
Australia’s 2025 extreme weather insured losses upped to US$3.4bn, ICA says
Insurance Council of Australia (ICA) says the increase was due to increased costs and further lodged claims.
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- April 21 2026
Outdated cat models can’t keep pace with soaring secondary peril’ threats: Swiss Re warns
Insurers must update models with current data, not just historical trends, to address rising losses from floods, wildfires, and storms, especially in Asia and Australia.
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- April 21 2026
New Zealand hit by storm every 8 days as wild weather fuels 256% jump in claims: IAG
Storm frequency has more than doubled, with the increased frequency of events driving a surge in insurance claims.
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- April 20 2026
Australian brokers Network Insurance House, Scott Winton confirm ‘strategic partnership’
Scott Winton CEO Avi Tatarka will become executive director, remaining on the board, as Network Insurance House CEO Andrew Broughton takes on the additional role of Scott Winton CEO.
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- April 20 2026
Tropical Cyclone Vaianu led to ‘slightly elevated’ claims, Tower says
Fiji's Ministry of Agriculture says Vaianu caused US$1.5m in non-salvageable damage and affected 13,769 agricultural households.
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- April 20 2026
Envest-backed Blue Zebra rebrands following merger of SGUA, Allstate, Point Insurance
Rebrand follows the completion of a share sale transaction in February, formally creating one combined entity.
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- April 17 2026
Agile promotes Mark Hunt to group CUO in underwriting leadership shake-up
David Hughes succeeds Hunt as active underwriter for Syndicate 2427, while Mike Dalton takes on an additional role as head of underwriting for Australia.
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- April 17 2026
IAG’s RACI acquisition moves to phase two ACCC investigation
Australian Competition and Consumer Commission (ACCC) says acquisition could 'substantially lessen' competition within Western Australia’s home and motor insurance market.
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- April 16 2026
Sompo taps Everest underwriters to drive Australia growth
Arthur Constantinou has been appointed head of energy and construction, Josh Luk head of financial lines, Matt O'Brien head of casualty and Andrew Lester head of property.
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- April 16 2026
Australia’s Community Broker Network confirms leadership appointments
Firm promotes Elise Pedersen to general manager for subsidiaries and associates and appoints Ewan Thompson as general manager for partners.
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- April 15 2026
Tokio Marine Management Australasia names new Japan business department head
Satoshi Asano replaces Naoto Ishizuka, who is heading back to Tokio Marine Group in Japan after four years in the role.
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- April 15 2026
Sompo bolsters Australia underwriting team in major expansion drive
Paul O’Neill will lead a newly expanded team of underwriters across its Sydney and Melbourne offices.
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- April 14 2026
APAC timber insurance market set for sustained growth, with mass timber projects to the fore
APAC's timber and lumber insurance market is set for 7.2% growth to 2030, driven by a US$63bn regional sector and a green building boom – but while insurers are increasing capacity, they are applying tighter guidelines.
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- April 13 2026
Victoria bushfire losses rise to US$570m: Perils
Bushfires unfolded between January 7-13, when a severe heatwave drove extreme fire conditions across southeastern Australia.