Industry Segments: Industry associations Page 1 / 3
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- April 1 2026
Australia’s insurers face claims cost inflation from Iran conflict: ICA
Initial industry data suggests that the war in the Middle East is causing a surge in repair and part replacement costs.
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- March 25 2026
Tropical Cyclone Narelle re-intensifies off WA coast, ARPC declares new event
Narelle2 was declared by the Australian Reinsurance Pool Corporation (ARPC) at 4:00am Australian Eastern Standard Time on Wednesday.
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- March 25 2026
Singapore’s domestic general GWP grows 8.4% to US$4.8bn
Despite a higher claim environment, domestic underwriting profit rose 32% year-on-year to US$226m in 2025.
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- March 24 2026
Widening protection gap presents Australia with systemic financial risk : APRA
- Industry associations
- Australia
- Catastrophe
- Australian Prudential Regulation Authority
- Insurance Council of Australia
One in four households could be uninsured by 2050, according to Australian Prudential Regulatory Authority (APRA) modelling.
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- March 16 2026
Queensland flooding claims top 2,000 as clean-up begins
Major flooding resulted in the inundation of more than 200 properties, evacuations and significant isolation for remote communities.
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- March 12 2026
ICA declares significant event following Northern Territory, Queensland floods
Heavy rain and flash flooding has struck Queensland and the Northern Territory this week.
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- March 11 2026
ICA calls for a review of Australia’s liability laws
Outdated liability laws are pushing up premiums for small businesses, according to the ICA.
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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).
