Australia

Cornerstone Risk acquires MRC Insurance, launches Corporate & Specialty Division

November 12 2025

MRC's James Musial will lead the new corporate and speciality division.

Colonial First State, AIA agree to A$140m in-principle settlement over super insurance class action

November 11 2025

The agreement remains subject to Federal Court approval, with a formal settlement deed still under negotiation.

australia-updates-terrorism-reinsurance-legislation-to-cover-state-sponsored-acts

Australia updates legislation to ensure terrorism reinsurance pool covers state-sponsored acts

November 11 2025

ARPC chief executive says changes reinforce the Government’s commitment to "protecting the economy, the domestic insurance industry and policyholders from potential impacts of terrorism."

aub-allows-eqt-to-bring-cvc-into-takeover-talks-as-exclusivity-extended-again

EQT brings in CVC as partner in AUB Group takeover bid

November 10 2025

The AUB board says talks with the EQT-CVC consortium remain at a preliminary stage with no guarantee of a binding deal.

HDI Global appoints Vijay Brundavanam as Senior Engineering Underwriter in Melbourne

November 10 2025

Based in Melbourne, he joins the company following 3 years with QBE.

aub-extends-eqt-exclusivity-period-after-proposal-reconfirmation

AUB extends EQT exclusive due diligence period by two weeks amid takeover negotiations

November 7 2025

The non-binding approach values the intermediary group at A$5.25bn (US$3.4bn).

ica-urges-regulators-to-reduce-duplications-improve-coordination-as-costs-reach-up-to-a3-5bn-a-year

Insurance Council urges action on rising regulatory costs for Australian consumers

November 7 2025

The ICA has found that more than 30,000 regulatory requirements and duplications cost insurance customers up to A$3.5bn (US$2.27bn) each year.

Australia, New Zealand are lands of opportunity: Howden Re

November 6 2025

Howden Re’s new managing director, John Philipsz, on why Australia and New Zealand need more reinsurance solutions.

ica-expands-significant-event-declaration-as-hailstorm-claims-exceed-25000

ICA expands significant event declaration for SEQ hailstorm, as claims top 25,000

November 5 2025

The ICA has included more storm dates and regions in its event declaration following a surge in weather-related insurance claims.

Nippon Life officially completes Acenda Group merger

October 31 2025

The new brand Acenda will serve approximately 2 million customers across Australia and New Zealand.

steadfast-group-pauses-trading-over-complaint-vs-senior-executive

Steadfast Group halts trading as CEO temporarily stands aside amid workplace complaint investigation

October 31 2025

The board has named Tim Mathieson as acting CEO while a workplace complaint against Robert Kelly is investigated.

australias-reinsurer-bms-recognised-as-kind-company

BMS Australia recognised as 'Kind Company'

October 30 2025

The specialty (re)insurance broker implemented a Kindness Action Plan, which includes embedding and tracking acts of kindness across the business.

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