Country: Pacific Page 5 / 124
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- September 26 2025
Tower replaces IAG as Westpac New Zealand’s underwriter
Tower will underwrite Westpac’s house, contents, car and vehicle insurance products for an initial term of five years starting from July 1, 2026.
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- September 26 2025
Marsh promotes Maurice Gatto to head of global placement for Pacific
Gatto succeeds Scott Eccleston, who became the broker's head of risk management for the Pacific.
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- September 25 2025
IAG’s RAC Insurance acquisition faces member disquiet, club’s CEO claims deal is ‘best path forward’: report
The deal being scrutinised by ACCC, which said it can potentially weaken competition in the supply of motor and home and contents products in Western Australia.
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- September 25 2025
New Zealand’s Ando elevates Therese Singleton as CEO, succeeding John Lyon
The Envest-backed insurer also promoted Timothy Riding to the executive team as head of portfolio and underwriting.
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- September 24 2025
Tower raises cat limit to US$536m in FY26 reinsurance renewal
Kiwi carrier switches large individual property risks cover from proportional treaty to XoL structure, estimates lower premium expense.
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- September 24 2025
Marsh ANZ elevates Scott Eccleston to Pacific head of risk management
He has spent more than 20 years of his career at Marsh.
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- September 23 2025
ARPC revises cyclone pool rates with SME risk mitigation discounts
Australian Reinsurance Pool Corporation (ARPC) makes no other changes to the premium rating, with home and strata premium rates unchanged.
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- September 23 2025
Australian regulator sues RACQ over misleading renewal comparison pricing
Australian Securities and Investments Commission has alleged that the IAG-owned carrier inflated 'last period premium' in more than 570,000 renewal documents sent to customers between September 2019 and December 2024.
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- September 18 2025
Envest buys additional 36.9% stake in Blue Zebra following Youi’s exit
Youi sold the interest for a total net proceeds of US$30.3 million, although Envest declined to disclose the new total percentage of its stake.
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- September 18 2025
Crawford Australia expands strata team with double appointment
Julio Agati and Ujjwal Gurung are part of Crawford's expansion of its dedicated strata team.
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- September 18 2025
Siân Mullane returns to AIG as senior property underwriter in Australia
She has specialised in property underwriting for most of her career, which has spanned the UK, New Zealand and Australia.
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- September 17 2025
Flood Re 2.0? Australia looks to UK’s blueprint to tackle rising nat cat exposures
Assistant treasurer and minister for financial services Daniel Mulino and Insurance Council of Australia CEO Andrew Hall are in London discussing greater resilience to emerging disasters and natural catastrophe risks.
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- September 16 2025
Market Lane assumes Arag legal insurance renewals
Transition will help the insurance group expand its footprint in the specialty insurance sector.
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- September 16 2025
Former Allianz Australia COO takes over as Honey Insurance CEO
David Krawitz succeeds current CEO and founder Richard Joffe, who moves into the role of executive chairman.
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- September 16 2025
Marsh’s Johannes-Daniel Veldsman to join Gallagher Australia in March
Veldsman has been working at Marsh for six and a half years, most recently as head of corporate and commercial for its Pacific business.
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- September 15 2025
Climate change puts 1.5m Australians at dire risk, warns first climate risk assessment
Australians living in high-risk communities face increasing costs as a result of rising insurance premiums, with widening protection gaps as many areas become uninsurable, according to a governement report.
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- September 15 2025
CFC adds Danton Stoloff as senior underwriter for APAC transaction liability team
Sydney-based Stoloff joins following five years at Marsh, where he most recently vice president for digital, senior operations and strategy leader for Pacific.
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- September 12 2025
Perils cuts Cyclone Alfred loss estimate to US$1.25bn
Ex-Tropical Cyclone Afred struck Australia's Southeast Queensland and northeastern New South Wales in February and March, leaving over 300,000 homes and businesses without power.
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- September 12 2025
Kiwi insurer Tower upgrades FY24 NPAT guidance, downgrades GWP growth outlook
Kiwi insurer expects underlying net profit after tax (NPAT) of US$59.7-65.45 million.
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- September 11 2025
Victor Insurance Australia names William Tien as underwriter
Tien previously spent over five years as an underwriter for Strata Community Insurance.