Industry Segments: Industry associations Page 1 / 1
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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.
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- October 31 2025
SOS: insurers fear Net-Zero Framework delay will send decarbonisation progress off course
International Maritime Organization's framework was approved in April and was expected to be formally adopted at a special meeting in London earlier this month.
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- October 28 2025
ICA declares ‘significant event’ in Queensland after severe hailstorms
The hailstorms in the greater Brisbane region on Sunday have led to over 11,000 claims so far, the industry lobby said.
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- October 21 2025
London market seeks global collaboration to address emerging risks
There is a continuous need to monitor and adapt to threats arising from geopolitical unrest, climate extremes, rapid advances in artificial intelligence, malicious cyber-attacks and litigation trends that outpace regulation, according to IUA's underwriting director.
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- October 6 2025
Australia’s insurance losses down 25% in 2024–25, ICA says
Declared events over the 12 months to June 30, 2025, included one cyclone and two floods, according to the Insurance Council of Australia (ICA).
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- October 6 2025
Closing growing US$2.5trn protection void ‘a matter of economic prosperity’, LIIBA chief says
Report from the London & International Insurance Brokers’ Association (LIIBA) says specialty brokers are the innovation engine of the insurance industry, CEO Christopher Croft tells InsuranceAsia News.
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- September 2 2025
Asean trio top IUMI’s emerging ‘wish list’ ahead of Singapore conference
International Union of Marine Insurance (IUMI) secretary general Lars Lange also discusses addressing emerging risks from geopolitics, technology, and sustainability as the industry gathers for the annual conference.
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- July 24 2025
New Zealand brokers’ association names new CEO
Katherine Wilson is currently head of advocacy at the Property Council of New Zealand.
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- June 9 2025
New Zealand’s Natural Hazards Commission secures US$6.3bn in reinsurance cover
The cover, renewed on June 1, includes NZ$225 million from a multi-year catastrophe bond issued in 2023.
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- May 7 2025
Malaysia’s P&C underwriting profit 11% down, claims incurred up 18.8% in 2024: PIAM
Industry's GWP grew by 6.9% to US$5.4bn in 2024, mostly driven by vehicle sales and infrastructure development, according to the General Insurance Association of Malaysia.
