Country: Pacific Page 3 / 138
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- May 5 2026
AIG Australia hires Marsh veteran Carrisa Chung as underwriter for commercial property
Perth-based Chung has been working at Marsh since 2006, most recently as divisional manager for client services for Local Government Insurance Scheme, a mutual protection scheme of West Australian government.
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- May 4 2026
Australia’s ATC acquires Frontier Global to expand financial lines, London market footprint
Co-founders Sophie Fraser and Joel Pridmore will continue to lead the business under the BP Marsh-backed MGA.
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- May 4 2026
Suncorp New Zealand hires Walter David as senior construction, engineering underwriter
He was formerly with Chubb for almost three years, most recently as a casualty lines underwriter.
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- May 3 2026
Australia’s cyclone reinsurance pool claims reach US$1bn
Australian Reinsurance Pool Corporation’s (ARPC) cyclone pool has expanded significantly since its inception in 2022, according to the latest quarterly statistics.
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- May 3 2026
Swiss Re CorSo names Zoe Pearn as ANZ head of operations
She has been with Swiss Re Corporate Solutions (CorSo) for two years.
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- April 30 2026
Perils trims loss estimate for Australia’s East Coast hailstorms
Perils says its loss estimate for the storms had been revised down to US$1.07bn.
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- April 28 2026
MLX Risk Partners taps Mathew Dilley as head of operations
Dilley joins from Aon Benfield in Sydney, where he had been a facultative reinsurance broker since November 2011.
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- April 27 2026
ICA calls on Australian government to establish US$21.6bn flood defence fund
The ICA has made four recommendations to safeguard those vulnerable to extreme flood risk in its submission to an Australian federal inquiry into local government funding.
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- April 24 2026
Suncorp purchases US$1.7bn aggregate reinsurance cover, forecasts 3% GWP growth for FY26
Commencing on June 30, the five-year aggregate reinsurance agreement has an attachment point of US$1.3bn in FY27.
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- April 24 2026
Newline promotes Jack Rowsell to underwriter within Australia liability team
He has been with Newline for over nine years, having joined as an assistant underwriter in June 2016.
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- April 24 2026
Willis appoints Scott Kirkwood as Pacific head of natural resources
Brisbane-based Kirkwood will strengthen Willis' mining business, while further expanding into adjacent segments, including power and renewable energy.
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- April 23 2026
Australia’s PSC Insurance Brokers appoints James Thornberry as head of trade credit and surety
Sydney-based Thornberry has more than 25 years of experience in credit insurance, banking and financial services.
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- April 23 2026
IAG NZ reports over 800 claims from heavy rain, flash flooding in Wellington
Cyclone Vaianu, which occurred less than a week before the new events, also resulted in more than 1,000 claims across home, contents, commercial, motor and boat policies
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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.