Australia

Market Lane to take on ARAG’s legal expenses insurance portfolio in Australia

September 16 2025

Market Lane's deal with ARAG comes less than two months after the latter announced it would withdraw from Australia due to unmet business expectations.

marsh-australia-and-new-zealand-appoints-david-walker-as-power-risk-engineer-for-pacific-region

Marsh appoints David Walker as Power Risk Engineer for Pacific Region

September 15 2025

Walker joins from Zurich and brings almost 20 years of energy and power sector experience.

Swiss Re CorSo names Lisa Matthews Head of Customer and Distribution Management for ANZ

September 15 2025

Matthews brings more than 20 years of broking and insurance experience to lead customer and distribution strategy in ANZ.

insurance-market-loss-from-cyclone-alfred-down-to-a1-92m-perils-estimates

PERILS revises estimated industry losses from Alfred down to A$1.92bn

September 12 2025

The latest estimate has been lowered from the previous loss projection of A$2.25bn.

sca-publishes-best-practice-guide-for-strata-insurance-disclosure

Insurance Council warns Victorian strata laws need urgent reform to tackle rising premiums

September 12 2025

Industry body says poor governance and maintenance issues are making apartment buildings uninsurable, affecting one in five Victorians.

global-reinsurers-focus-on-recovery-over-rapid-expansion-as-market-faces-elevated-nat-cat-losses-howden-re

Global reinsurers should prioritise disciplined recovery and innovation over expansion: Howden Re

September 10 2025

The sector faces a "hard market softening" environment, with risk-adjusted rates declining yet still elevated compared to the previous decade.

Stamp duty reform in Queensland tops ICA recommendations to Productivity Commission

September 8 2025

The ICA has noted that Queenslanders are projected to pay nearly A$1.7bn in stamp duty on insurance to the government in 2024-2025.

Motor vehicle insurance was again the most complained about general insurance product

Eric Insurance creditors to vote on restructuring plan as APRA oversight continues

September 5 2025

The general insurer has ceased writing new business since June 2024.

Darren Hayes appointed as FTA's Senior General Liability Underwriter for NSW/ACT

September 5 2025

Hayes specialises in commercial liability, bringing over 20 years of experience at multiple insurance firms across Australia.

Marcus Pearson commences as CEO of Lockton Pacific

Marcus Pearson commences Lockton Pacific CEO post

September 4 2025

Pearson now leads the brokerage's Australia and New Zealand operations.

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