Australia

racq-allocates-a1m-for-queensland-natural-disaster-recovery

RACQ donates A$1m for Queensland natural disaster recovery

March 12 2025

The funding will support affected families, community groups, and sports clubs, with a special grant for long-term assistance.

canopius-reports-28-gwp-growth-in-apac-in-2024

Canopius reports 28% GWP growth in APAC for 2024

March 12 2025

Specialty (re)insurer reports APAC growth due to strong Accident & Health performance in Australia and first full year from newly acquired treaty underwriting team.

cyclone-alfred-downgraded-before-making-landfall

Cyclone Alfred claims rise to over 34,000 as recovery efforts ramp up

March 12 2025

Claims surge over 50% in 24 hours.

rga-names-alissa-holz-as-new-ceo-for-australia-and-new-zealand

RGA promotes Alissa Holz to CEO for Australia and New Zealand

March 12 2025

Mark Stewart also transitions from MD of ANZ to Senior Vice President, Chief Actuary for Asia Pacific.

jba-introduces-australian-flood-model-amid-rising-climate-risks

JBA introduces Australian flood risk model

March 11 2025

The launch comes as states of NSW and QLD see severe flooding due to ex-Tropical Cyclone Alfred.

Claims from Cyclone Alfred continue to rise, now exceeding 22,000

March 11 2025

Claims from NSW likely to spike as residents return to assess damage.

PIB Group expands APAC reach with acquisition of Litica

March 11 2025

MGA specialises in litigation insurance and has a presence in Australia and the United States.

broker-satisfaction-in-australia-declines-as-smaller-businesses-struggle-vero

Commercial broker satisfaction in Australia declines, particularly among SMEs: Vero

March 11 2025

Brokers generally remain valued, but proactive engagement is needed to support smaller clients.

Insurers receive over 9,000 claims following ex-Tropical Cyclone Alfred

March 10 2025

Number of recorded claims rises sharply since Sunday with 90% of claims so far from Queensland.

Insurance Council of Australia declares Cyclone Alfred an insurance catastrophe

March 9 2025

Insurers have received 3000 claims with "many more thousands" expected.

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