Australia

ardonagh-group-closes-in-on-psc-insurance-reports

Ardonagh Group closes in on PSC Insurance acquisition - reports

May 7 2024

AU$2bn (US$1.33bn) deal reportedly drawing closer, with some competitors said to have withdrawn over valuation concerns.

KOBA Insurance launches Australia's first dedicated EV policy

May 3 2024

Pay-as-you-drive policy is initially for Tesla owners, but access to other brands will roll out in the 'near future'.

Australia's General Insurance code breaches rise 34% in 2022-23

May 3 2024

New data from the General Insurance Code Governance Committee shows a continued uptick in code breaches.

Ciaran Morrissey promoted to Lead Cyber Underwriter at DUAL ANZ

May 2 2024

Morrissey promoted just a year after moving to Sydney to join DUAL Australia.

chubb-promotes-chris-thirlwall-to-a-and-h-senior-relationship-manager-australia

Chubb promotes Chris Thirlwall to A&H Senior Relationship Manager, Australia

May 2 2024

Thirlwall has been with Chubb for nearly nine years.

australian-mga-agile-receives-in-principle-approval-for-new-lloyds-syndicate

Agile Underwriting receives final Lloyd's approval for Syndicate 2427

May 1 2024

Agile Underwriting Services Syndicate 2427 has received final approval to begin underwriting this month.

Crawford promotes Stephen Stafford to Head of Forensic Accounting Services, Australia

May 1 2024

In his new role, Stafford will lead a team of 17, focusing on delivering loss adjusting services across lines such as BI, cyber, and liability.

dual-launches-title-insurance-products-targetting-apac-real-estate-and-mampa-transactions

DUAL brings new title insurance products to APAC, catering to real estate and M&A transactions

April 30 2024

AXA XL to provide capacity for new lines, which are led by Chris Hammond, DUAL Asset's APAC Head.

QBE promotes Nicola Schroder to Group Head of Sustainability

April 29 2024

Schroder has been with QBE 5 years and brings a rich background in sustainability to her new role.

government-launches-au60m-strata-resilience-program-to-mitigate-cyclone-damage-in-north-queensland

QLD government launches AU$60m Strata Resilience Program to mitigate cyclone damage

April 25 2024

State and federal governments to fund AU$60m (US$38.9m) initiative to mitigate cyclone damage to North Queensland apartment buildings.

marsh-reports-10-decline-in-pacific-financial-lines-rates-in-first-quarter

Marsh reports 10% rate decline in Pacific financial lines in Q1

April 24 2024

In the first quarter of 2024, commercial insurance rates in the Pacific region fell by 2%, while financial and professional lines declined for the fourth consecutive quarter.

insurance-council-of-australia-reports-progress-on-motor-vehicle-code-improvements

Insurance Council of Australia reports progress on motor vehicle code of conduct improvements

April 24 2024

Code Administration Committee for the Motor Vehicle Insurance and Repair Industry targets mid-2024 for a revised Code draft.

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