Australia

BHP captive receives first-time Fitch ‘A’ rating on back of strong group integration

September 26 2025

The new rating reflects BHP M&G’s alignment with the parent’s risk financing approach, but also notes minimal use of reinsurance.

NRMA Insurance pledges $200,000 to secure Sculpture by the Sea, Bondi

September 26 2025

The funding boost follows a rapid wave of public donations and will also help revive the exhibition’s education programme.

Maurice Gatto has been appointed as the Head of Global Placement for Marsh Pacific

Marsh Pacific names Maurice Gatto as Head of Global Placement

September 26 2025

Appointment adds to recent senior hires as broker strengthens Pacific operations.

Scott Eccleston as Head of Risk Management for Marsh Pacific

Marsh Pacific appoints Scott Eccleston as Head of Risk Management

September 24 2025

Eccleston has been with Marsh for more than two decades and transitions from his role as Head of Global Placement, Pacific.

ARPC updates cyclone pool premium rates, introduces key SME discounts

September 23 2025

The Australian Reinsurance Pool Corporation noted that the extension of SME discounts aims to incentivise risk mitigation efforts, aligning with its 2025-2029 strategic priorities.

asic-chair-joe-longo-confirms-departure-at-end-of-term

ASIC takes RACQ to court over 570,000 misleading insurance renewal notices

September 23 2025

Australia's corporate regulator alleges the Queensland insurer misled customers about premium increases for over five years.

ASIC Chair Joe Longo confirms departure at end of term

September 19 2025

He will be stepping down on May 2026, having overseen the regulator’s biggest restructure in 15 years, a doubling of investigations, and a 20% rise in civil proceedings.