Australia

Australia GI results slump 88% in Q4 as householders, motor claims surge on storm losses

March 5 2026

Widespread claims pressure erodes underwriting across the market, offset only by pockets of strength in D&O, travel and cyber.

Arch Insurance Australia appoints Carey Sturgiss as Southern Region PI underwriting manager

March 4 2026

She first joined the business last year as senior PI underwriter.

Zurich Australia, Honey launch new pet insurance product

March 4 2026

The new policy will be sold under the Virgin Money brand through BOQ Group channels.

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Australian property insurance premiums set for more 'stable' growth, but climate risks and claims continue to drive rates: GlobalData

March 4 2026

GlobalData projects a 7.5% compound annual growth rate for Australian property insurance premiums through 2030.

ICA declares Middle East conflict a Significant Event as travel insurers mobilise

March 3 2026

Insurers have set up 24/7 hotlines and the ICA has set up a task force and is working with the government to track claims and support Australians affected by the conflict.

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Lockton taps Alex Tilden to head newly created major corporate accounts practice division in Australia

March 3 2026

She brings over 25 years of experience in global insurance and risk advisory across Australia, the United States, and Hong Kong.

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ICA calls for A$30bn flood defence Fund on Alfred’s first anniversary

March 2 2026

The proposed fund, intended for building hard infrastructure against flooding in high-risk communities, would be co-invested by federal and state governments over 10 years.