Industry Segments: Industry associations Page 1 / 2
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- February 16 2026
Risk-based capital amendments ‘credit neutral’ for Hong Kong insurers: Fitch
Hong Kong's Insurance Authority launched a public consultation on the changes last week.
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- February 16 2026
Australia’s terrorism reinsurance pool finalises 2026 retrocession program
Australian Reinsurance Pool Corporation (ARPC) says it has purchased a reduced retrocession limit of AU$2bn (US$1.48bn) with an increased deductible of AU$500m.
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- February 15 2026
ICA welcomes New South Wales’ emergency services levy reform through parliamentary inquiry
Parliamentary inquiry announced on Sunday by Treasurer Daniel Mookhey is a welcome next step, according to the Insurance Council of Australia (ICA).
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- February 4 2026
New Zealand launches review into soaring home insurance costs
ICNZ said that it welcomes the government's review of the general insurance market
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- February 3 2026
Wang Fuk Court fire insurance payouts exceed US$65m: HKIA
A total of 863 general insurance claims and 169 life insurance claims have been settled, the Insurance Authority said on Tuesday.
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- January 29 2026
ICA warns TasInsure will burden taxpayers without reducing premiums
Proposed scheme would require establishment costs of US$106m and prudential capital requirements of up to US$359m, and run annual operating deficits of up to US$9m, Insurance Council of Australia (ICA) says.
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- January 28 2026
Losses from Victoria bushfires pass US$140m: ICA
Insurers have received over 3,123 claims from the Victoria bushfires.
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- January 23 2026
Extreme weather cost Australian insurers US$2.4bn in 2025: ICA
Last year, ex-tropical cyclone Alfred was the single costliest event, according to the Insurance Council of Australia (ICA).
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- January 21 2026
NIBA expresses support for enhanced broker renumeration disclosures
National Insurance Brokers Association (NIBA) accepts six of the 14 recommendations for changes to the Australian broker code of practice by an independent review.
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- January 21 2026
Bondi Beach attack claims hit 25, but too early to estimate cost: ICA
Majority are motor claims, while a small number are business interruption claims, the Insurance Council of Australia (ICA) says.
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- January 16 2026
Victoria bushfires declared by ‘insurance catastrophe’ as claims top 2,300
Aon says expected economic losses are still pending proper assessment, but 'will reach' the hundreds of millions of US dollars.
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- January 13 2026
Victoria bushfire claims top 1,300, more than 500 structures damaged
Insurance Council of Australia says 30% of property claims are total losses for the fires that have been raging since last week.
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- January 11 2026
ICA declares ‘significant event’ for Victoria bushfires
Blazes have torn through more than 300,000 hectares of bushland, destroying more than 130 properties, including homes, and leaving thousands without power.
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- December 5 2025
Queensland, New South Wales hail claims top Halloween Hailstorms
Suncorp has responded to more than 6,500 vehicle claims following the severe weather event.
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- November 28 2025
ICA extends insurance cat declaration to across Queensland, New South Wales
Insurers have received more than 44,600 claims for Cat 255, or the 'Qld and NSW Severe Storms and Hail'.
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- November 26 2025
Claims top 27,000 after giant hail battered Queensland, New South Wales
Insurance Council of Australia declared an insurance catastrophe after thousands of homes were left without power and residents suffered damage to property.
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- November 25 2025
ICA declares insurance catastrophe after giant hail batters Queensland
Insurers are also 'closely monitoring and prioritising' claims from the Northern Territory and Western Australia following Tropical Cyclone Fina.
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- November 20 2025
ICNZ welcomes move to leave natural hazards levy unchanged
The levy, collected by insurers on behalf of the government, helps ensure the Natural Hazards Commission (NHC) is funded to provide basic cover for natural disasters such as earthquakes, landslides and flooding.
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- November 13 2025
Australia’s cyclone pool ‘needs greater focus on climate resilience and mitigation’: ICA
- Industry associations
- Australia
- Public sector solutions
- Australian Reinsurance Pool Corporation
- Insurance Council of Australia
Industry group says pool has contributed to reducing pressure on insurance premiums in northern Australia, but not directly reduce underlying extreme weather risk.
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- November 11 2025
Australia’s criminal code amendment ‘an important step’, ARPC CEO says
Update ensures 'Australia’s terrorism insurance framework keeps pace with the changing nature of the terrorism risk', Christopher Wallace says.
