Industry associations

NZ insurers call for better data sharing after record North Island disasters

February 14 2025

ICNZ report highlights need for legislative changes to enhance information flow and access to disaster sites.

heavy-rainfall-floods-prompts-evacuations-in-north-queensland

Heavy rainfall, flooding prompts evacuations in North Queensland

February 3 2025

The Insurance Council of Australia on Sunday declared the North Queensland floods a ‘significant event’.

acil-calls-for-cyclone-resilience-plan-using-surplus-funds-from-cyclone-pool

ACIL calls for surplus funds from cyclone pool to be used for resilience programme

January 23 2025

Consumer lobby calls for Government to allocate AU$100m (US$62.8m) in cyclone resilience funding from upcoming budget.

Thai GI industry to reach GWP of approximately US$8.5bn in 2025: GIA

January 2 2025

Thai General Insurance Association forecasts GWP growth of up to 2.5% in 2025 despite challenges from economic headwinds.

ICA backs 78 recommendations from Australia's GI code review and flood inquiry

December 19 2024

Standardised policy clauses and a focus on vulnerable customers are key priorities for the industry, says the Insurance Council of Australia.

half-of-australian-insurers-have-now-set-2030-operational-net-zero-ica

Half of Australian insurers have now set 2030 operational net-zero targets: ICA

December 13 2024

Figure represents a 10% increase from 2023, however a significant number are yet to set targets for their claims supply chain, underwriting, and investments.

iccsc-unveils-new-action-plan-to-help-build-trust-in-singapores-insurance-sector

Singapore insurance conduct body unveils plan to help enhance trust in sector

November 14 2024

ICCSC plan includes initiatives to increase consumer awareness, improve policy literacy, and refine claims process.

Malaysia Takaful Association unveils new strategic framework

November 11 2024

Launch of Hijrah27 framework comes as Malaysia’s Takaful sector achieves a 20% penetration rate, driven by increased demand and digital adoption.

New SRA Chair outlines vision for sustainable reinsurance industry

November 7 2024

Kenrick Law says reinsurance must focus on collaboration and talent development to ensure resilience and adaptability in a rapidly changing market.

haushofer-hands-over-reins-with-law-and-beedle-appoitned-chair-and-deputy-chair-of-SRA

Haushofer hands over the reins as Law and Beedle appointed Chair and Deputy Chair of SRA

November 1 2024

Marc Haushofer officially passes torch to Kenrick Law following eight years as head of the Singapore Reinsurers' Association.

mainland-chinese-turn-away-from-hong-kong-health-insurance-post-covid

AFCA data shows 5% increase in complaints for Australia's GI industry

November 1 2024

GI grievances up in 2023-24, but life insurance complaints decreased by 4% over the same period.

Insurance industry groups call on Commonwealth leaders to discuss weather risk

October 21 2024

The ICA, ICNZ and other industry groups have jointly written to their respective Prime Ministers calling for the issue to be put on the Commonwealth Business Forum agenda.

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