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Australia
NSW announces strata reforms, including tightening of commission rules for insurance agents
June 26 2024
Reforms follow investigation into excessive brokerage fees charged by Nestrata.
Feldmann earns expanded role as HDI Global’s Managing Director for ANZ
June 26 2024
Feldmann has served as Australia's MD since 2012 and will now oversee commercial and specialty business across Australia and New Zealand.
HDI Global launches Australian cyber presence with appointment of Natalie Miladinski
June 26 2024
Sydney-based Miladinski joins from Chubb as Cyber Underwriting Manager for the Asia Pacific region.
Allianz Commercial taps Jamie Craig as Dealer team Underwriting Manager for Australia
June 25 2024
Craig joined from Zurich, where he was serving as NSW / ACT Underwriting Manager for Motor.
Arch Insurance Australia appoints Amanda Seng as Southern Region Property Underwriting Manager
June 25 2024
Seng brings 20 years of experience to her new role.
Insurance Council of Australia welcomes new building codes that prioritise nat cat resilience
June 24 2024
New homes will be required to withstand extreme weather by 2028.
Rate hikes, tighter underwriting helping Australian insurers manage disability income losses
June 21 2024
Life insurers expected to maintain profitability despite rise in claims and regulatory changes, says S&P.
AM Best affirms Ansvar's ratings as key excess-of-loss and stop-loss programmes renewed
June 21 2024
AM Best affirmed A- IFS rating noting continued reinsurance support from owner EIO following years of PSA claims.
Regulator blames Medibank cyberattack on lack of multi-factor authentication
June 20 2024
In a court filing, the OAIC alleges that the health insurer's lack of MFA enabled hacker to exfiltrate 520 gigabytes of data.
QBE to exit North American mid-market segment
June 19 2024
Insurer to exit segment following several years of performance challenges.
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