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Friday, July 24, 2026

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Australia

motor-vehicle-theft-claims-surge-in-queensland-victoria
Victoria motor theft claims hit record A$223m: Insurance Council of Australia
September 4 2025
National motor theft claims climbed 11% in volume and 20% in costs last financial year, according to ICA data.
accc-delays-decision-on-iags-proposed-rac-underwriting-takeover
ACCC raises competition concerns over IAG's proposed A$1.35bn acquisition of RAC Insurance
September 4 2025
The consumer watchdog is inviting industry feedback ahead of a final decision, which is planned for November.
BHSI promotes Anna Spink to Head of Marine Operations across Australasia
BHSI promotes Anna Spink to Head of Marine Operations for Australasia
September 4 2025
She steps up from corporate property role to lead marine portfolio in the region.
australias-general-insurers-see-insurance-service-results-surge-22-in-q2-as-retail-gains-offset-speciality-losses
Australia's GI sector posts 22% surge in Q2 insurance service result, as retail gains offset speciality declines
September 4 2025
Cyber, marine and D&O lines posted sharp swings in claims and profits, while householders and domestic motor drove industry growth, APRA data shows.
ica-calls-for-expanded-cyber-obligations-as-ai-attacks-threaten-small-business-resilience
ICA calls for expanded cyber obligations as AI attacks threaten small business resilience
September 3 2025
The ICA has urged greater tech provider obligations, workforce exchanges, and expanded ransomware reporting to strengthen cyber resilience.
gallagher-re-agrees-to-acquire-australian-reinsurance-broker-steadfast-re
Gallagher Re to acquire Australian reinsurance broker Steadfast Re
September 2 2025
The acquisition is expected to be completed in Q4 2025.
marsh-names-damian-schinck-president-of-pacific-operations
Marsh names Damian Schinck President of Pacific operations
September 2 2025
Schinck takes over leadership of Marsh’s operations across Australia, New Zealand, Fiji, and Papua New Guinea.
australias-niba-names-steadfasts-nick-cook-as-new-president
Steadfast Group posts 11.9% profit jump as broker network expands to 402 members
September 1 2025
The group increased its equity stakes and grew gross written premiums across both broking and underwriting divisions during the last financial year.
racq-apologises-to-members-over-mishaps-in-insurance-renewal-notices
IAG completes RACQ Insurance acquisition in A$855m deal
September 1 2025
The deal sees IAG acquire a 90% stake in RACQ, while securing an exclusive underwriting and distribution agreement for 25 years.
arpc-targets-improved-efficiency-in-cyclone-terrorism-pools-in-2025-2029-plan
ARPC targets premium affordability in new 2025-2029 plan
September 1 2025
Efficiency around premium collection and claims payments are also among top priorities for cyclone and terrorism pools.
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The Inaugural Recognising excellence in Asia's insurance industry Find out more → Entries close
28 August