Australia

iag-renews-main-reinsurance-cat-cover-at-au10bn-for-2025

IAG’s intermediated unit restructures to centralise core insurance functions

May 13 2025

The restructure brings several executive changes and a unified approach to operations across the CGU and WFI brands.

AXA XL grows Australia claims team with new specialist appointments

May 12 2025

Tylie Petrovski joins in Brisbane, while Ilija Bogoevski and Rebecca Williams take on new roles in Sydney.

QBE chair urges state tax cuts to ease premiums

May 12 2025

Mike Wilkins says state-imposed insurance taxes are inflating premiums by up to 40%.

HCF Life fined A$750,000 over misleading contract term in life policies

May 9 2025

The Federal Court of Australia finds concerns in policies in the life insurer’s ‘Recover’ range.

allianz-to-underwrite-mitsubishis-new-dealership-distributed-motor-insurance-product

Allianz Australia to underwrite Mitsubishi's new dealership-distributed motor insurance product

May 6 2025

The new product line will allow direct access to insurance policies at the car dealership.

market-lane-launches-ml-specialty-for-product-contamination-amp-recall-environmental-impairment-liability

Australia's Market Lane launches ML Specialty

May 6 2025

New MGA offers targetted coverage in three core areas, including a capacity of up to A$10m (approx. US$6.5m) for F&B contamination.

uaa-renews-10-year-underwriting-deal-with-qbe

Steadfast's UAA Secures 10-Year capacity renewal with QBE

May 2 2025

Underwriting Agencies of Australia has renewed its agreement with QBE, ensuring ongoing capacity for its mobile plant and equipment insurance operations across ANZ.

May 1 2025

Insurance Council of Australia adds that claims have nearly reached A$1bn (US$640m).

Diana Baer to step in as CFO of Munich Re Australasia

April 30 2025

Baer has been with the reinsurer for 17 years.

mark-sutton-takes-on-head-of-client-engagement-role-in-allianz-commercial

Mark Sutton appointed Head of Client Engagement at Allianz Commercial

April 30 2025

Sutton was previously Head of Partnership and Distribution for the insurer’s Personal Injury department.

pamela-beilby-joins-allianz-commercial-as-national-relationship-manager

Pamela Beilby returns to Allianz as National Relationship Manager

April 29 2025

Sydney-based Beilby joins Allianz Commercial, having previously worked at Allianz between 2010 and 2013.

accc-sets-new-date-for-iag-racq-allianz-raa-insurance-acquisitions-review

ACCC sets new date for IAG-RACQ, Allianz-RAA acquisition findings

April 29 2025

Watchdog sets 22 May as provisional date to announce final decisions or release statements about concerns.

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