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Australia
Suncorp to settle class action over add-on insurance sales
February 28 2025
In an exchange announcement, the insurer denied any wrongdoing but confirmed it has decided to settle case.
Motor Trades Association of Australia urges ACCC to block IAG and Allianz acquisitions
February 28 2025
The MTAA has called on the regulator to stop IAG's acquisition of RACQ's underwriting business and Allianz's purchase of RAA.
Australian government approves health insurance premium hikes for 2025
February 27 2025
The approval follows two government rejections of insurers' initial proposals, with the latest refusal in January.
Howden acquires Western Australia's Major Insurance Services
February 27 2025
Howden strengthens its presence in the region with its latest acquisition.
RACQ calls for permanent resilient home building programmes across Queensland
February 26 2025
RACQ has emphasised the need for sustained investment in disaster resilience across the State.
Government launches flood resilience grants to reduce North Queensland insurance losses
February 26 2025
Initiative from the Queensland and Australian Governments offer up to A$10,000 to homeowners for flood risk mitigation upgrades.
ICA calls for A$30bn flood defence fund to curb insurance risks
February 26 2025
Council warns that escalating flood risks are driving up claims costs and making insurance increasingly unaffordable.
Julie Starley named Chief Claims Officer for Australia Pacific at QBE
February 26 2025
Starley has worked for the company since 2019, most recently serving as Managing Director, Consumer.
Cyclone Pool covers nearly A$2.17 Trillion in aggregate building exposure: ARPC
February 26 2025
The pool has grown to cover over 3.1 million Australian buildings, but risk mitigation uptake remains low despite available premium discounts.
NRMA Insurance partners with Thriving Communities Australia’s OSOS Hub
February 25 2025
The company is the first insurer to partner with the non-profit platform.
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