Australia

Close-up of a blue-tinted glass chess set on a reflective surface, with a translucent globe in the center against a dark background.

APRA tells insurers to strengthen readiness for geopolitical shocks

June 18 2026

Larger exposed entities will be asked to assess gaps in crisis preparedness, personnel risk and political risk.

Canberra's Parliament House seen from a tree-lined avenue toward the building with a flag on top.

Australian government appoints Robert McLean to ARPC board, reappoints chair and directors

June 17 2026

The reshuffle covers the board that oversees Australia's terrorism and cyclone reinsurance pools, with new and reappointed members holding terms through 2028 and 2030.

tokio-marine-life-thailand-injects-thb3-3bn-capital-rebalances-assets-under-ifrs-17

Tokio Marine targets M&A in Australia, Canada with Berkshire backing

June 17 2026

The Japanese insurer is targeting Australia and Southeast Asia for potential acquisitions as it seeks to diversify geographically.

Sydney Opera House by Circular Quay with a city skyline behind on a sunny day.

ACCC clears Zurich’s acquisition of Beazley in Phase I review

June 17 2026

The authority found limited local market overlap between the merging parties and sufficient competition from multiple specialty insurers.

australia-disaster-ready-fund-application-deadline-extended-following-severe-weather-events

Allianz Australia launches Event Response Centre to coordinate severe weather recovery

June 17 2026

The centre is designed to fast-track severe weather claims using real-time data and coordinated team responses.

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Analysts back A$7.7bn Steadfast takeover on valuation and structural rationale

June 17 2026

Strong strategic backing and softer sector valuations are supporting analyst confidence in the Steadfast takeover bid.

Aerial view of Sydney Harbour showing the Opera House and the Harbour Bridge with surrounding city and water traffic. The Opera House is on the left, the Bridge spans the harbor.

APRA consults on updated governance rules to strengthen board oversight

June 16 2026

Chair John Lonsdale said the regulator has sought to lift standards without adding to the burden on insurers, super funds, and banks.

australia-to-invest-a350m-on-96-projects-in-third-disaster-ready-fund-round

IAG backs Sonder to extend disaster support beyond claims response

June 16 2026

The investment, made through corporate venture arm Firemark Ventures, will give customers 24/7 mental health and safety support during natural disasters and major incidents.

Faaizah Banu to lead Zurich Australia's national AR business

June 15 2026

She will oversee the insurer's AR Advance's engagement with authorised representative groups across Australia.

Aerial view of a sunlit suburban neighborhood with tree-lined streets and houses throughout the area.

ICA home insurance standardisation plan faces pushback from industry and consumer groups

June 15 2026

Industry bodies have criticised the ICA’s proposal, warning the "flawed" changes will strip away legal protections and fuel consumer confusion.

Crowded waterfront at Sydney Harbour with the Opera House foreground and the Harbour Bridge in the distance.

APRA confirms capital reporting template for longevity products

June 12 2026

The regulator received no industry submissions on the draft template, which supports the rollout of the advanced illiquidity premium from 1 July 2026.

Harbor scene with yachts docked along a waterfront and futuristic glass buildings under a blue sky.

Australia GI rebounds in Q1 as claims ease, property losses moderate

June 12 2026

Industry underwriting profits jumped 34% year-on-year as property lines recovered from catastrophe losses, while cyber led premium growth and motor remained profitable.

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