Industry Segments: Industry associations Page 1 / 2
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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
ICA calls for reforms to Australia’s small business insurance market
Small businesses in Australia face 'complex pressures', according to Insurance Council of Australia (ICA) CEO Andrew Hall.
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- February 25 2026
Hong Kong extends pilot ILS grant scheme to 2028
Financial secretary Paul Chan Mo-po announced various moves for the industry in Wednesday's budget speech also including a three-year extension of the programme to enhance talent training for the insurance sector.
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- February 23 2026
James Beedle named chair of Singapore Reinsurers’ Association
He succeeds Kenrick Law, who stepped down from his role of APAC CEO of Allianz Re in December.
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- February 20 2026
ICA calls for Compensation Scheme of Last Resort reforms
Insurance Council of Australia (ICA) says attempting to expand professional indemnity cover move the problem from one group to another.
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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'.