The partnership follows WFI's donation of A$250,000 to Rural Aid to assist farmers affected by catastrophic flooding in Western Queensland in April 2025.
Reinsurers compete aggressively for APAC business as record capital levels and benign loss experience drive double-digit rate reductions across the region.
The CGC sanctioned two insurers with A$130,000 Community Benefit Payment during the year, including AIG Australia Ltd (AIGAL), for systemic failures in claims and complaints handling, which affected hundreds...