Country: Pacific Page 3 / 148
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- September 1 2026
QBE completes sale of trade credit and surety business to Swiss Re CorSo
Two firms had struck a deal in February for the portfolio that is expected to generate annual revenues of approximately US$200m, according to Swiss Re.
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- September 1 2026
Australian cyber specialist Emergence launches US operations
Steadfast Underwriting Agencies’ MGA taps Keith Savino to lead the new operations.
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- September 1 2026
Soaring construction costs outpacing inflation, straining disaster recovery and insurance premiums: ICA
Building cost surge widens protection gap as 145,000 homes damaged in past years, according to the Insurance Council of Australia (ICA).
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- August 31 2026
Corinne Biagioni joins Aviso Specialty as construction growth leader, clarifies SRG move
Biagioni confirms she 'never commenced employment' with Specialist Risk Group despite having announced her appointment as a partner and head of Australia construction in June.
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- August 31 2026
Lockton New Zealand hires David Lynch as chief client officer
Auckland-based Lynch was most recently chief client officer for specialties at Marsh, covering liability, trade credit, cyber, and aviation.
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- August 28 2026
McLarens Australia appoints Andy Donnelly as executive loss adjuster
He brings more than 25 years' experience in commercial property loss adjusting, most recently as an executive adjuster at Integra Technical Services.
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- August 27 2026
Guy Carpenter elevates Justin Ward to Pacific CEO
Marsh's reinsurance broking unit also adds former Partner Re CEO James Beedle to its Pacific board of directors.
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- August 27 2026
Chubb shifts Jon Longmore to country president for New Zealand
He had been Chubb's Malaysia country president for the past two years.
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- August 26 2026
Munich Re Specialty rolls out Lloyd’s first-ever construction rescue insurance
Policy, which is also being offered in Australia and New Zealand, funds response and recovery operations during the rescue and immediate recovery phase after construction accidents.
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- August 26 2026
Steadfast takeover would alter business dynamics ‘dramatically’, CEO Robert Kelly says
Broker hopes to lodge the scheme booklet in early October, while the consortium has reconfirmed its intention to complete the transaction by December.
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- August 26 2026
Victor Australia appoints Danial Mullin as head of casualty
Melbourne-based Mullin joins the underwriting agency and authorised representative of Marsh after three years at Guild Insurance.
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- August 25 2026
Steadfast confirms search for Robert Kelly’s successor paused amid takeover
A new CEO was originally expected to be named by the release of the FY26 results in August as part of an orderly leadership transition.
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- August 25 2026
Steadfast’s FY26 revenue topped US$1.5bn with record profit
Results come just days after a bidder consortium of Amwins, Dragoneer Investment Group, and KKR signed a binding agreement to acquire Steadfast in a US$5.5bn deal.
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- August 25 2026
ARPC forecasts US$787m in GWP for FY26-27, outlines support for terrorism and cyclone pools
Corporate plan outlines four strategic priorities, along with key activities, to support its role in administering the terrorism and cyclone reinsurance pools.
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- August 25 2026
Ex-Steadfast COO Nigel Fitzgerald to steer Amwins’ Australasian underwriting business
He will remain associated with Kaibridge, the MGA he co-founded, but day-to-day leadership will stay with CEO Grant Cairns.
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- August 25 2026
Tokio Marine identifies Suncorp as preferred takeover target: report
The Japanese insurance group is understood to have reviewed other potential options, including IAG and Canada’s Intact Financial.
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- August 25 2026
New Lloyd’s-backed MGA Angel Underwriting taps Aaron Whiteley as first head of underwriting
Australian MGA will underwrite contract works and public liability, as well as life sciences risk.
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- August 25 2026
AUB Group hails ‘strong progress’ as net profit after tax grows 12.2% in FY26
AUB Group's growth in FY26 was powered by its Australian broking, international, BizCover and agencies divisions.
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- August 24 2026
Tonga receives additional parametric drought payouts from PCRIC
Pacific Catastrophe Risk Insurance Company (PCRIC) makes a short-term preparedness payout for the island of 'Eua, as well as a rapid response payout for Tongatapu.
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- August 21 2026
Amwins, KKR, Dragoneer sign binding agreement to acquire Steadfast in US$5.5bn deal
Implementation scheme is targeted for December, after which Amwins Australasia will acquire Steadfast’s underwriting agency business segment.