Australia

ICA backs 'unfair trading' bill, calls for strong enforcement upon enactment

February 24 2026

The proposed legislation targets credit hire and accident management companies, as the Council continues working with the Treasury to keep the final framework streamlined.

zurich-australia-to-acquire-clearview-wealth-in-a415m-deal

Zurich Australia to acquire ClearView in A$415m deal

February 24 2026

ClearView’s board has unanimously backed the deal, with completion expected in the third quarter of 2026, pending regulatory approval.

IAG appoints Amanda Whiting into newly created role of group executive for enterprise growth and simplification

February 23 2026

She has been with IAG since 2008 and had served as chief executive officer for New Zealand for the past four and a half years.

insurance-council-urges-cslr-overhaul-warns-pi-insurance-wont-plug-funding-gap

ICA urges Compensation Scheme of Last Resort overhaul, warns PI insurance won’t plug funding gap

February 20 2026

Responding to the Treasury’s PI review, the Council said PI covers negligence — not fraud, criminality or systemic failures often behind CSLR claims.

uaa-renews-10-year-underwriting-deal-with-qbe

QBE delivers 7% GWP growth as cat losses ease and margins strengthen in 2025

February 20 2026

The group's COR strengthened to 91.9%, benefiting from lower nat cat losses.

Vero promotes Chris Kokalevski to executive manager, broker partnerships

February 20 2026

He has been with the insurer since 2020, most recently as strategic relationship manager.

zurich-asia-pacific-premiums-hit-us7-5bn-as-life-gwp-accelerates-16

Zurich Asia Pacific premiums hit US$7.5bn as life accelerates 16%

February 19 2026

Strategic moves in Australia, Japan, and Hong Kong lifted the Swiss insurer’s life business, with non-life also rising 8%.

Arch Insurance Australia appoints Brendon Terry, Jarrod O’Connor as regional branch managers

February 19 2026

Terry will lead the Northern Region from Sydney, while O’Connor will head the Southern Region from Melbourne.

Suncorp weathers A$1.3bn in cat losses as margins hold near target in 1H26

February 18 2026

Weighed by elevated natural hazard costs, the Australian insurer's net profit after tax slumps to A$263m.

Australia approves 4.41% average private health insurance premium rise from April 2026

February 18 2026

The hospital benefits ratio is projected to rise to 87% for the 12 months from 1 April 2026, up from 85.9% in September 2025.

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