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Emerging risks | Growth Opportunities | APAC Insurance

(Re)in Asia logo
Monday, September 21, 2026

Australia

iag-expects-to-exceed-perils-allowance-for-the-seventh-time-in-eight-years
IAG expects perils cost to hit AU$2.9bn (US$1.99bn) and exceed perils allowance for the seventh time in eight years
June 15 2023
At its Investor Day, IAG executives revealed rate hikes, expected perils costs, and expected business achievement for 2023.
report-pe-firm-ta-associates-exploring-sale-of-australian-broker-honan
Report: PE firm TA Associates exploring sale of stake in Australian broker Honan
June 15 2023
Discussions are in early stages, but it's understood investment funds and other industry players are interested in a deal which would value Honan at between US$300m-$400m.
insurance-council-of-australia-praises-au800m-northern-rivers-home-buyback
Insurance Council of Australia praises AU$800m Northern Rivers home buyback
June 14 2023
The buybacks are occurring in areas most at risk of life-threatening floods and as part of the Resilience Home Program.
asic-launches-cyber-survey-to-measure-corporate-cyber-resilience
ASIC launches cyber survey to measure corporate cyber resilience
June 14 2023
ASIC has launched the survey to measure cyber resilience within the corporate and financial sectors, in light of increasing high-profile cyber attacks.
zurich-nab-paterson-from-nib-for-chief-claims-officer-role
Zurich nab Paterson from nib for newly created Chief Claims Officer role
June 13 2023
Paterson was Group Chief Operations Officer at nib and will be be responsible for Zurich's claims teams across Life, Group Life and General Insurance.
asic-provides-relief-to-insurers-from-certain-transaction-confirmation-requirements
ASIC provides regulatory relief for some confirmation requirements
June 9 2023
The Australian regulator introduced two instruments to bypass confirmation requirements in cases of policyholder death and recurring benefit claim payments.
australian-insurance-industry-reacts-positively-to-allocation-of-au400m-drf-fund-but-ica-believes-theres-still-more-to-be-done
Australian insurance industry reacts positively to allocation of AU$400m DRF Fund, but ICA believes there's still more to be done
June 7 2023
The ICA and industry reaction was positive, however the ICA continues its call for a 10-year rolling program.
apra-publishes-minor-updates-to-aasb-17-which-will-take-effect-from-july-1st
APRA publishes minor updates to AASB 17 which will take effect from July 1st
June 7 2023
APRA had opened up a consultation on proposed changes in May. With no responses received, the regulator went ahead and finalised the amendments.
emergence-expands-cyber-insurance-offering-to-new-zealand
Australian MGA Emergence expands Cyber offering to New Zealand
June 5 2023
The cyber specialist has taken its first step internationally and will provide Cyber Excess policies with limits of up to NZ$20m.
australia-chu-dives-into-arpcs-cyclone-reinsurance-pool-in-july
Australia: CHU dives into ARPC's Cyclone Reinsurance Pool
June 1 2023
CHU's strata and build-to-rent portfolios will enter the pool in July, with more to follow by the end of the year.
A black and white photo of a church steeple.
Australia's Catholic Church Insurance to enter liquidation
May 30 2023
CCI is one of Australia's oldest insurers, but has been on the brink of collapse amid a rise in abuse claims.
australian-pc-industry-sees-underwriting-loss-in-q1-after-spike-in-net-incurred-claims
Australia's P&C industry sees AU$78m underwriting loss in Q1 after spike in net incurred claims
May 30 2023
Despite the loss, Aussie P&C insurers saw an overall net profit of AU$1.1bn thanks to markedly improved investment income.
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25 September