Country: Pacific Page 7 / 116
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- April 24 2025
Pacific rates suffer largest global fall at 8% in Q1, Marsh says
Finpro pricing fell by 10%, while property and cyber declined by 9% and 8%, respectively.
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- April 23 2025
IAG aware of ‘billions of dollars’ of policies issued to Greensill: report
Troubled bank's administrator alleges the Australian insurer 'represented' that Bond & Credit Company had the authority to underwrite policies on its behalf, according to a report by the Australian Financial Review.
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- April 23 2025
Cyclone Alfred insured losses touch US$1.64bn, Perils says, higher than ARPC
In March, Australian Reinsurance Pool Corporation (ARPC) estimated total losses covered by the Cyclone Reinsurance Pool were approximately AU$1.7 billion.
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- April 22 2025
Willis elevates Trent Williams to head of broking, global construction
Melbourne-based Williams has been head of carrier management for Asia Pacific and head of broking for Pacific at the broker since April last year.
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- April 22 2025
Tower raises profit forecast despite Easter weekend storm, earthquake claims
Insurer says it has recieved over 250 claims from the storms that impacted New Zealand over Easter weekend.
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- April 21 2025
Downpours, hail, flash flooding expected as Cyclone Tam continues wreaking havoc across New Zealand
Yellow severe thunderstorm watch in place for the Bay of Plenty, Rotorua, Taupō, Gisborne, Hawke's Bay, and Taihape.
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- April 21 2025
IAG receives over 11,000 claims from Cyclone Alfred
Cyclone Alfred made landfall along Australia’s east coast at the start of March, impacting southeast Queensland and northern New South Wales.
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- April 17 2025
Seadrif, PCIRC among risk pools to receive US$5.3m joint grant for climate and disaster risk financing and insurance
Global Shield Solutions Platform will provide funding to allow four risk pools globally to establish a learning network, create a global facility for risk data and analytics, and initiate an employee exchange programme.
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- April 17 2025
Exclusive: McLarens takes Integra’s Torben Bell as Australia MD
Melbourne-based Bell is currently managing director for Australia and New Zealand and executive loss adjuster for Integra.
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- April 17 2025
Cyclone Errol intensifies to category 4 as it heads for northwest Australia
The Australian Reinsurance Pool Corporation declared a cyclone event on Wednesday evening.
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- April 16 2025
Howden-owned MGA Dual expands New Zealand team with underwriting appointments
Lester Mathew appointed as a senior underwriter and Riaan Wolmarans as an underwriter.
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- April 16 2025
A month in, Australian insurers face ‘a lot of work’ adapting to FAR’s increased accountability
Financial Accountability Regime (FAR) requires insurers to map their organisations, responsibilities, and remuneration structure, while the upcoming merger control reforms aim to protect competition in the market.
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- April 15 2025
Australian insurers ‘very worried’ about catastrophic loss from battery fires, ICA calls for holistic plan
Insurance Council of Australia chief Andrew Hall says there are no plans to charge more households with lithium batteries or restrict their use.
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- April 14 2025
PSC expands in New Zealand with Sepio acquisition
Envest, which owns PSC, has several additional deals in the pipeline across New Zealand.
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- April 14 2025
Australia’s Aviso Specialty names Tom Frisby national placement leader
Melbourne-based Frisby has been with Aviso since January 2024, having spent over 10 years with Marsh.
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- April 14 2025
ICA has ‘significant concerns’ over Labor’s home guarantee expansion
Government plans to guarantee all low-deposit home loans for first home buyers under lenders’ mortgage insurance (LMI).
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- April 14 2025
Canopius appoints Andrew Ziolkowski to lead ANZ
He succeeds Craig Elliot, who has served as interim head of the Australia business since December 2024.
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- April 11 2025
Hannover Re to acquire iptiQ, Swiss Re’s Australian direct life portfolio
Deal expected to close in 18 months, and marks Swiss Re's complete exit from iptiQ.
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- April 10 2025
Marsh elevates Ross Hoy to renewable energy leader for Pacific
Sydney-based Hoy has been a principal with the insurance broker since January 2021.
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- April 9 2025
New Zealand tornado short lived, few claims expected
Tornado hit the town of Levin on the country's North Island at around 7:45am on Tuesday.
