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Emerging risks | Growth Opportunities | APAC Insurance

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Sunday, October 4, 2026

Insurance Council of Australia

nsw-budget-allocates-au5-7bn-for-flood-recovery-and-resilience
NSW budget allocates AU$5.7bn for flood recovery and resilience
June 18 2024
Budget includes AU$5.7bn (US$3.77bn) for flood recovery, housing, and infrastructure projects over the next four years.
ica-advocates-for-improved-hardship-and-vulnerability-provisions-in-gi-code
ICA advocates for improved hardship and vulnerability provisions in GI code
June 18 2024
Australia's General Insurance Code of Practice is currently undergoing its three-yearly review.
new-ica-figures-underline-importance-of-emergency-services-levy-reform
New ICA data underlines importance of Emergency Services Levy reform for NSW insureds
June 3 2024
ICA data shows ESL adds between AU$305 and AU$1,200 annually for property policies, reinforcing importance of Government's ongoing reform efforts.
australias-insurance-council-calls-for-ev-insurers-to-partner-with-fire-agencies-for-better-data
Australia’s Insurance Council calls for EV insurers to partner with fire agencies for better data
May 28 2024
Insurers urged to collaborate with fire agencies and governments to tackle EV battery fire risks and improve insurance models.
paul-fahey-joins-ica-board-as-non-executive-director
Hollard CEO Fahey joins ICA Board as Non-Executive Director
May 24 2024
Paul Fahey joins ICA Board to fill vacancy left by Richard Enthoven who stepped down after a decade.
ica-appoints-andrew-gill-to-lead-new-counter-fraud-and-scams-function
ICA appoints Andrew Gill to lead new counter fraud and scams function
May 21 2024
ICA launches new counter fraud function aiming to tackle undetected fraud which is estimated to cost the insurance industry around AU$400m a year.
australias-2024-25-budget-sees-boost-to-disaster-resilience-funding-and-new-insurance-taskforce
Australia’s 2024-25 Budget: Disaster resilience funding boost and new insurance taskforce
May 15 2024
Australia commits to enhancing disaster preparedness and propelling nation to be a "renewal energy superhouse," but ICA cautions further investment in resilience and mitigation is crucial.
ica-australian-summer-extreme-weather-insurance-losses-hit-au1-2bn
Australian summer nat cat bill surpasses AU$1.6bn
April 10 2024
Cyclone Jasper, Valentine's Day storms, and Christmas Storms have seen a combined 130,000 claims.
2024 - NSW Severe April Storms
ICA Declares 'Significant Event' as NSW severe storms hit 11,500 claims
April 10 2024
11,527 claims to date, but still too early to estimate insurance losses, says Insurance Council of Australia.
australian-government-to-introduce-financial-sector-regulatory-initiatives-grid
Australian Government to introduce financial sector regulatory initiatives grid
March 11 2024
New regulatory initiative aims to streamline financial sector, including insurance, enhance business operations and reduce compliance costs.
insurance-council-of-australia-labels-victorias-valentines-day-storms-a-significant-event
Insurance claims from Victoria's Valentine's Day storms top AU$100m
March 8 2024
Victoria's 14 Feb severe storms trigger nearly 20,000 claims worth AU$104m (US$69m), says ICA.
australian-treasury-looks-to-standardise-natural-hazard-insurance-definitions
Australian Treasury looks to standardise natural hazard insurance definitions
March 7 2024
New consultation aims to standardise natural hazards to enhance transparency and consumer understanding.
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Banner for 22nd SIRC: 'Capacity to Capability'—Building resilience through innovation; futuristic city skyline with a glowing highway; Nov 1–5, 2026 at Sands Expo & Convention Centre.