Australia

tasmanian-liberals-proposed-state-run-insurer-could-shift-risk-to-taxpayers-ica-warns

Tasmania's proposed state-run insurer could shift 'significant financial risk' to taxpayers, ICA warns

July 3 2025

ICA cited the US National Flood Insurance Program, which cost the federal government US$20.52bn in unfunded ageing debt.

Joanna Quigan relocates to Australia as Senior Underwriter, Professional and Financial Risks at Markel

July 3 2025

Quigan moves from Auckland, New Zealand, as Markel continues Asia Pacific build out.

tasmanians-liberals-pledge-to-create-tasinsure-to-cut-insurance-costs

Tasmanian Liberals pledge to create state-owned insurer to cut insurance costs

July 3 2025

The political party has pledged to set up TasInsure to offer home, contents, small business, and event cover, if re-elected at the 19 July state poll.

ica-australias-extreme-weather-losses-balloon-to-over-a1-8bn-in-2025

ICA: Australia's H1 nat cat losses amount to over A$1.8bn

July 2 2025

Ex-Tropical Cyclone Alfred accounted for three-quarters of the incurred losses at A$1.36bn.

suncorp-adopts-multi-year-structured-reinsurance-layer-with-profit-share-loss-cap

Suncorp trims reinsurance tower, maintains core structure after strategic review

July 2 2025

New structure aims to reduce earnings volatility and improve capital efficiency following a strategic review.

claims-from-cyclone-alfred-north-queensland-floods-reach-a1-5bn-ica

IAG lifts FY25 profit guidance on lower natural perils losses

July 1 2025

The lower-than-anticipated claims burden is set to significantly lift the company’s full-year profit and margin guidance.

bms-group-adds-queensland-firm-to-portfolio-amid-global-mampa-drive

BMS adds Queensland firm to portfolio amid global M&A drive

July 1 2025

Acquisition of Corporate and Commercial Insurance Brokers in Australia marks group's continued international growth.

Chubb Australia announces key appointments in global broker division

July 1 2025

Jennifer Vanek appointed National Strategic Relationship Manager, and John De Felice and Ryan Spettigue named as National Relationship Managers.

markel-launches-financial-institutions-insurance-suite-in-australia

APRA’s CPS 230 op risk standard goes live for insurers

July 1 2025

Standards introduce stricter obligations on business continuity and supply chain risk management.

eliza-grant-joins-howden-australia-new-head-for-mampa

Eliza Grant joins Howden Australia as new Head for M&A

June 30 2025

Prior to joining Howden, Grant spent four years at Marsh McLennan in Sydney.

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