News Page 10 / 1219
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- February 27 2026
Australia’s financial watchdog sues Auto & General over ‘misleading’ discount ads
Australian Securities and Investment Commission says around 39,000 customers were affected between March 2020 and July 2024, with Auto & General Services having already refunded US$2.7m.
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- February 27 2026
Allied World promotes Camela Santos to property vice president
Sydney-based Santos has been with Allied World in Australia and Singapore for over five years.
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- February 27 2026
Opinion: Australia’s approach to terrorism risk – wilfully perverse?
Australian Reinsurance Pool Corporation purchased a reduced retrocession limit of US$1.48bn with an increased deductible of US$356m for its terrorism retrocession program despite the soft market.
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- February 26 2026
PartnerRe receives licence for India’s Gift City
Asia CEO James Beedle will have executive oversight of the new branch.
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- February 26 2026
Gallagher Re shuffles APAC leadership, with Roshan Perera and Richard Jones succeeding Mark O’Brien and Mark Morley
Perera replaces O’Brien as APAC head, with Jones taking over as regional chairman from the retiring Morley.
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- February 26 2026
Munich Re cuts P&C reinsurance book by 8% at 1.1 amid softening, disciplined underwriting
Overall prices fell by 2.5% for the global reinsurer at the January 1 renewals.
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- February 26 2026
Victoria bushfire losses reach US$560m: Perils
Initial estimate reflects significant property and motor losses after extreme heat and fast‑moving fires swept across rural areas of the Australian state in early January.
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- February 26 2026
Munich Re reports ‘all-time’ low COR of 73.5% in FY25, APAC P&C revenue down 12%
APAC P&C reinsurance revenue for the financial year was US$3.5 billion.
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- February 26 2026
Liberty Mutual Reinsurance names John Nicholls as ANZ casualty underwriting manager
He joins from Liberty Speciality Markets' Sydney team, in an internal move as part of the larger Liberty Mutual Group.
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- February 26 2026
WTW elevates Han Wei Fong to Singapore country head
He will retain his existing responsibilities as head of health and benefits in Singapore.
