Australia

AXA XL makes three hires in Perth

The group named Chris McElroy, Amanda Rattue, and Trent Jeuring as senior underwriters.

AXA XL makes three hires in Perth

The group named Chris McElroy, Amanda Rattue, and Trent Jeuring as senior underwriters.

Mitsui Sumitomo Insurance, Coalition expand cyber insurance in Australia

Coalition has brought its Active Insurance model to over 1,400 policyholders.

Allianz Australia's capital adequacy to remain strong

Thanks to removal of certain non-life liability adjustments, deferred acquisition cost deductions.

Australian insurers urged to adopt nature-positive practices

In December 2022, over 180 countries adopted the Global Biodiversity Framework.

Ardonagh merges PSC’s ANZ operations with Envest

This makes it one of the top privately owned insurance distribution companies in Australia.

Insurance cover rises, yet a quarter of Australians still unprepared

More than one-third of respondents had a storm action plan in place.

IAG slashes jobs after reporting high profits

IAG said the job cuts are part of a restructuring plan that began in March.

Car insurance premiums rise 16% in Australia

The average car insurance premium across the country is now $1,717.

PSC shareholders vote for Ardonagh merger

The transaction is expected to close around 11 October.

Federal Court rules on IAG business interruption class action

The court expressed its intent to declass the representative proceeding.

Why Australians are at risk of scams due to informal retirement advice

Older Australians were more likely to seek advice from formal sources.

Zurich Australia launches income protection for women’s health

It will cover conditions such as menopause and endometriosis.

Cyclone pool cuts home insurance premiums by 10% in Australia

Insurance availability increased by 6% for average houses.

ICA appoints Suncorp CEO as new chair

He succeeds Nick Hawkins, who has held the role for two years.

CALI supports ban on genetic data in insurance

The 5-year review will allow the law to adapt to genetic testing.

Zurich Financial Services, Mandala unveil first climate risk index for tourism

Half of Australia’s tourism assets are classified in an elevated risk category.