Country: Pacific Page 20 / 135
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- July 29 2025
Japan, Korea wildfires mark turning point in regional climate risk understanding: Willis
Insured losses from nat cats 'will very likely' exceed US$100bn again this year, the broker said in a half-year report.
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- July 28 2025
FreightInsure expands embedded insurance to New Zealand
Service, backed by global insurer HDI Global Specialty SE, enables shippers to attach micro-policies of up to US$59,000 per consignment during the booking process.
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- July 28 2025
Jarrod Tilbrook joins Marsh ANZ as managing principal
Marsh Australia and New Zealand has tapped the former Aon, WTW and Coverforce executive as its new managing principal.
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- July 28 2025
Delta Insurance promotes Natasha Plesnik to casualty manager
New Zealand-based Plesnik previously worked as a senior underwriter for the specialist underwriting agency.
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- July 28 2025
Opportunity knocks for Australia as regulator keeps (re)insurance market waiting over proposed major reforms
Relaxation of requirements by the Australian Prudential Regulatory Authority are set to provide a considerable boost to the alternative risk transfer sector.
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- July 25 2025
Steadfast CFO Stephen Humphrys to retire
Hannah Lee, the current group financial controller, will become acting chief financial officer.
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- July 24 2025
Pacific rates continue to decline, falling 11% in Q2: Marsh
Property rates drop by 13%, casualty falls 5%, while finpro and cyber see drops of 10%.
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- July 24 2025
New Zealand brokers’ association names new CEO
Katherine Wilson is currently head of advocacy at the Property Council of New Zealand.
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- July 24 2025
QBE signs up Sure to distribute intermediated home cover in Australia
Australian insurer will no longer offer domestic householders’ insurance directly through its broker channel from the start of October.
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- July 23 2025
Tower discontinues multi-policy discounts as efforts to fix errors falls short
Kiwi insurer says it had made significant investments to upgrade its systems and processes following regulatory action.
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- July 23 2025
Steadfast Group-owned Miramar ropes in AIG veteran Michael Mackenzie as head of underwriting technical services
Melbourne-based Mackenzie spent over nine years at AIG, having also worked for the likes of Allianz, Zurich, Chubb, and CGU.
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- July 22 2025
Delta Australia ropes in BHSI’s David Augustyniak to lead cyber, PI underwriting
Brisbane-based Augustyniak has two decades of experience across underwriting, broking, and portfolio leadership.
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- July 22 2025
Australia’s cyclone pool lowering rates in high-risk areas, yet insurance availability unchanged: ACCC
Competition regulator's insurance monitoring report says the pool is having an impact on the premiums of policyholders who live in areas with higher cyclone risk.
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- July 21 2025
Victor Insurance Australia appoints QBE veteran Dave Burnage as head of programs
Burnage will be responsible for driving underwriting portfolio, expanding program partnerships, and overseeing underwriting strategy at the Marsh-backed MGA.
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- July 21 2025
Australian cyclone season highlights changing landscape, challenges ahead
Ex-Tropical Cyclone Alfred, which caused US$843m in insured losses, was the most high-profile event of the 2024-25 cyclone season that recorded 12 windstorms.
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- July 18 2025
Tonga renews US$17m multi-peril cover with PCRIC
Renewed policy is expected to provide coverage for tropical cyclones, earthquakes, tsunamis, and droughts, and will have a US$1m premium contribution from the Tongan government.
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- July 18 2025
‘Time for us to leave’: German legal insurer Arag set to exit Australia market
Arag had partnered with HDI Global Specialty to set-up Arag Services Australia in July 2019.
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- July 17 2025
Envest targets New Zealand expansion, winds up PSC Connect network offering
Envest Group says it will focus on building its branch network under the PSC Insurance Broking banner after the 'difficult decision' was made to wrap up the PSC Connect network after 13 years.
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- July 14 2025
Australian tech-focused MGA Codex Insurance launches with MS Amlin capacity
Lloyd's coverholder, founded by former Vero undewriter Andrew Sharbeen, offers ICT liability and cyber insurance products.
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- July 14 2025
‘Tough for communities’: New Zealanders begin clean-up again after latest severe weather
As of 2pm Sunday, AMI, State and NZI had received more than 150 claims from the weather event across home, contents, motor and commercial policies.
