Australia

ICA calls on new NSW Government to put downward pressure on insurance costs

March 28 2023

The ICA reiterated its policy recommendations made in the 'A Stronger NSW' report

Photo of hot air balloon with lightning in the background.

(Re)insurance hard market to continue as demand and costs increase: Swiss Re

March 24 2023

The Institute's Sigma report shows that (re)insurance rates have risen close to 20 years highs

Generated photo of Sydney Harbour Bridge made out of paper coming out of book.

AU Regulatory Report: Clyde & Co highlight five key trends, including Cyber and Climate

March 23 2023

Climate change and data breaches rank among top 5 recommendations

Australian Life insurers provided conditional relief from design and distribution obligations

March 18 2023

ASIC provides the relief to reduce regulatory burden

AU Data breaches occur as ICA recommends new Cyber Strategy to government

March 17 2023

The breaches comes after a series of recent high-profile cyber attacks in Australia

ICA seeks extension of Disaster Ready Fund from Australian Federal Government

March 16 2023

The ICA makes the recommendation after 2022 AU$6.5 billion flood event - the largest in Australia since records began

Petsure Australia granted general insurance licence by APRA

March 15 2023

Petsure becomes first Australian insurer dedicated to pet health insurance

Flooded tennis courts and building in St Lucia, Queensland during 2022 floods.

Largest floods in AU history estimated at AU$6.5 billion (US$4.3 billion) - PERILS

March 15 2023

90.5% of the losses are attributed to property lines

Honan continues M&A streak with acquisition of NZ Certus Insurance Brokers

March 9 2023

ANZ broker Honan Insurance Group (Honan) has announced the acquisition of Certus Insurance Brokers (CIBNZ). Honan has been very active in the M&A market having acquired six businesses since July,...

Canopius expands to Melbourne, strengthens Australian presence with experienced casualty underwriter

March 8 2023

Speciality reinsurer Canopius has announced the opening of its second Australian office in Melbourne.

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