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Australia
United Risk acquires Australian specialty MGA Pinnacle Underwriting
June 19 2025
United Risk says the move for the specialist facultative reinsurance agency places the business among the world’s top five MGAs by size and reach.
Market Lane launches Square Mile Corporate Risks
June 19 2025
The new MGA covers property and liability risks from A$5m (US$3.2m) and up.
ACCC begins review of IAG’s A$1.35bn RAC Insurance acquisition
June 18 2025
The ACCC will examine the proposed deal’s impact on competition, pricing and service levels in WA's home and motor insurance markets.
HDI Global reshapes APAC engineering leadership with appointments of Haris Michaels, Stevan Bonic
June 18 2025
HDI Global’s latest appointments align with its ongoing strategy to deepen expertise and management presence across Asia Pacific.
TAL taps Cover Genius for embedded life offer in Australia
June 18 2025
The partnership aims to address a market gap in income protection, death, and total and permanent disability, particularly among younger Australians.
Australia’s general insurance sector set for second consecutive year of slowing growth, says GlobalData
June 18 2025
Segment is projected to post 8.5% annual growth in 2025, reaching a value of A$102.8 billion (US$66.7 billion).
A$1.44bn in insurance losses estimated following ex-Tropical Cyclone Alfred: ARPC
June 18 2025
Cyclone pool has received more than 68,000 claims and has already commenced making payments to insurers.
Australian code committee sanctions three brokers in reporting compliance drive
June 18 2025
IBCCC highlights ongoing industry improvements but urges brokers to prioritise timely and accurate reporting.
Victorian government sets up expert panel to review strata practices
June 16 2025
Move comes four months after new strata transparency regulations, including insurance quote disclosures, took effect in New South Wales.
Crawford Australia hires Mark Bossio as Key Account Manager
June 16 2025
Bossio brings two decades of industry experience to the new role.
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