Country: Pacific Page 26 / 150
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- December 12 2025
Rising cost of Queensland, New South Wales hailstorms creates ‘challenging months ahead’
Market has seen a high volume of claims across a widespread area, along with water ingress and related property damage, spanning domestic and commercial sectors.
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- December 12 2025
Australian broker Steadfast denies Blackstone approach
According to a report, the US private equity titan was considering making an AUS$4.6bn takeover bid for Australia’s largest insurance broker.
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- December 11 2025
Perth bushfires put lives and homes under threat, as Moody’s warns of a complex situation
Cat modeller says recent bushfires in New South Wales highlights the complexity of managing bushfires risk in Australia and the risk of secondary ignitions.
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- December 11 2025
Arch Insurance Australia unveils key leadership appointments
Joe Donovan has been named deputy regional manager, while Marita Elliott has been promoted to head of underwriting operations and compliance.
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- December 11 2025
Aon taps Marsh’s James Harmer as head of global and corporate for Australia
Harmer spent over three years as a broker with Aon's political risk and structured credit team in London until October 2013 before he moved home to Sydney in 2014.
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- December 11 2025
ACCC opposes IAG’s deal for RAC Insurance
Australia's antitrust regulator says the deal would undermine competition in Western Australia in home and motor insurance, but the insurer intends to contest the decision.
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- December 9 2025
Kiwi insurer Tower fined US$4m for misleading 61,000 customers
Tower had self-reported the issue in 2021, admitting that it had contravened the Financial Markets Conduct Act by making false or misleading claims about its multi-policy discount offer since September 2016.
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- December 8 2025
‘Foreboding’ start to Australia’s bushfire season with 20 homes destroyed in NSW
A firefighter died on Sunday evening after being struck by a tree while working on a bushfire at Bulahdelah on the state’s mid-north coast.
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- December 5 2025
Specialist Australian insurer Eclipse names Andrew Hookings as senior casualty underwriter
Sydney-based Hookings brings over 25 years of experience across the insurance industry, with a background spanning claims, property, and distribution.
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- December 5 2025
Queensland, New South Wales hail claims top Halloween Hailstorms
Suncorp has responded to more than 6,500 vehicle claims following the severe weather event.
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- December 5 2025
Steadfast shares rise following report of Blackstone interest
Private equity giant is reportedly weighing a US$4.6bn bid for the ASX-listed broker.
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- December 5 2025
IAG hires Phillip Gibson as CEO of New Zealand
Former Aviva Canada executive will join IAG New Zealand in March, replacing Amanda Whiting.
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- December 4 2025
APAC non-life insurers to remain stable in 2026 as capital strength offsets regulatory, catastrophe pressures: Fitch
Stable margins and strong solvency expected, Fitch says, with disciplined pricing and steady reinsurance support underpinning a neutral outlook.
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- December 1 2025
AUB bid falls through as EQT-CVC consortium walks away
Private equity firms will not proceed with their AU$45 a share offer.
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- November 28 2025
ICA extends insurance cat declaration to across Queensland, New South Wales
Insurers have received more than 44,600 claims for Cat 255, or the 'Qld and NSW Severe Storms and Hail'.
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- November 28 2025
Laid-off Steadfast COO Noelene Palmer was source of complaint against CEO Robert Kelly: AFR
Complaint from Palmer, who was made redundant earlier this week, involved at least one allegedly inappropriate comment, according to The Australian Financial Review.
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- November 27 2025
Kiwi insurer Tower posts ‘exceptional’ FY25 results
Tower benefits from low natural catastrophe losses to post a record underlying net profit after tax (NPAT) of NZ$107.2 million (US$61.35 million).
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- November 27 2025
Suncorp on the hook for US$230m from Queensland hail
Insurer has received just over 10,000 claims, with approximately 5,000 in home and 5,000 in motor.
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- November 27 2025
Lloyd’s Chris Mackinnon to lead Munich Re Specialty’s push into Australia
Lloyd's regional director for Asia Pacific, the Middle East and Africa will join the German reinsurer in the first half of 2026.
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- November 26 2025
Steadfast COO Noelene Palmer departs as Australian broker makes role redundant
Move is part of the broker's expense management initiatives announced in October, company tells IAN.
