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Emerging risks | Growth Opportunities | APAC Insurance

(Re)in Asia logo
Thursday, October 15, 2026

Australia

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.
ica-declares-hunter-and-central-coast-hailstorm-as-a-significant-event-6021-of-7552-claims-motor-related
ICA declares NSW hailstorm a significant event - 6021 of 7552 claims motor related
May 29 2023
The destructive hailstorm occurred on Friday 26th May in the Hunter and Central Coast regions of New South Wales.
A photo of someone calculating the value of something using a calculator.
Australia's Victorian Government to abolish business insurance duty
May 24 2023
Business insurance duty in VIC is currently 10% and will be lowered by 1 percentage point each year starting from July 1st 2024.
A sketch of a court room. AMP logo in top left corner.
AMP penalised AU$24 million for charging deceased customers
May 19 2023
Two AMP companies received over AU$1,000,000 from 2,000 deceased customers, despite having been informed of the customers' deaths.
A sketch of a court room. MLC logo in top left corner.
MLC hit with AU$10 million penalty - ASIC promises to take similar action against insurers who don't act in good faith
May 19 2023
Australia's Federal Court found MLC contravened the ASIC Act, the Corporations Act, and the Insurance Contracts Act.
A photo of an airplane with data coming out of it. battleface logo in top left corner.
Modular, API-driven travel insurance platform, battleface, lands in Australia
May 17 2023
The company has a presence in 185 countries worldwide and is launching in Australia in partnership with MGA Mustard Underwriting.
A photo of a boardroom. Insurance Council of Australia logo in top left corner.
Zurich and Auto & General CEO's join Insurance Council of Australia board
May 17 2023
ICA announced the additions of the two non-executive members at its 43rd AGM.
axa-xl-continue-to-strengthen-apac-cyber-offering-with-3-new-australian-hires
AXA XL continue to strengthen APAC cyber offering with 3 Australian hires
May 16 2023
The (re)insurer added a total of ten underwriters, three in Australia and seven in Europe, demonstrating their conviction for further opportunities within cyber.
A photo of a small paint bucket being poured into a larger paint bucket. Gallgher logo in top left corner.
Gallagher adds Western Australian broker Mavco to their mix
May 16 2023
The Oz broker has expertise in construction, health, engineering, mining, and financial services.
A photo of Sunrise in Australian outback. logo in top left corner.
Australian Government to establish new Net Zero Authority
May 12 2023
While the insurance implications are far from known, the timing coincides with recent global upheaval of the Global Net-Zero Insurance Alliance.
A sketch of people in a courtroom.
ASIC launches legal action against HCF Life over alleged unfair and misleading terms
May 12 2023
The expansion of unfair contract term protections was part of a recommendation by Australia's 2017 Financial Services Royal Commission.
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