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Saturday, July 25, 2026

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Australia

CycloneAlfred
PERILS estimates A$2.57bn in insured losses from Cyclone Alfred
April 23 2025
Estimate makes Aflred the country's second largest industry loss, on an adjusted basis, since Cyclone Tracy in 1974.
insurer-claim-costs-rise-as-australias-ev-repair-bottleneck-hits-premium-prices-report
Insurer claim costs rise as Australia’s EV repair bottleneck hits premium prices: Report
April 17 2025
Some EV owners are paying insurance premiums up to five times more than the equivalent internal combustion engines.
climate-risks-push-650000-australian-properties-toward-uninsurability-report-warns
Climate risks push 650,000 Australian properties toward uninsurability in 2025, report warns
April 16 2025
Climate Council and Climate Valuation report that 4.4% of the country's housing stock is high risk, posing a threat to long-term insurability.
australia-ica-to-launch-motor-insurance-code-consultation-in-march
Australia extends consultation on insurer–repairer motor conduct code
April 15 2025
The Motor Vehicle Insurance and Repair Industry Code of Conduct Administration Committee extended the public consultation period by eight weeks to 23 June 2025.
canopius-names-andrew-ziolkowski-as-head-of-australia-and-new-zealand
Canopius names Andrew Ziolkowski as head of Australia and New Zealand
April 14 2025
He takes over from interim head Craig Elliot, who stays with the business, adding ANZ Head of Distribution to his remit.
ica-highlights-risks-to-lmi-providers-from-labors-proposed-home-guarantee-scheme
Labor's Home Guarantee Plan could threaten lenders' mortgage insurance market, ICA Warns
April 14 2025
The Insurance Council of Australia says proposed scheme could also put pressure on financial stability and housing affordability.
australias-cyclone-reinsurance-pool-hit-99-coverage-by-sum-insured-but-count-of-risks-falls
Hannover Life Re to acquire Swiss Re’s direct life portfolio in Australia
April 11 2025
Move marks Swiss Re's complete exit from its iptiQ operations in the Asia Pacific region.
asic-targets-insurance-misconduct-as-complaints-soar-and-climate-risks-intensify
ASIC takes Hollard Insurance to court over property-related claims handling
April 11 2025
The regulator alleges insurer failed to act in utmost good faith by repeatedly delaying assessment and settlement of a claim filed after storm damage in 2021.
australia-sees-record-number-of-general-insurance-intermediaries-in-h2-2024-reversing-five-year-trend
Australia sees record number of GI intermediaries in H2 2024, reversing five-year trend
April 11 2025
Number of intermediaries placing business reverses five-year downward trend and surpasses 2019 peak.
accc-delays-decision-on-iagracq-and-allianzraa-insurance-deals
ACCC delays decision on IAG–RACQ and Allianz–RAA deals
April 10 2025
Regulator says it wants to gather further information before making a decision.
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The Inaugural Recognising excellence in Asia's insurance industry Find out more → Entries close
28 August