Australia

Chubb acquires Australian aviation insurer

The insurer hopes to broaden its reach in the aviation industry.

APRA evokes insurers to backup data against the risk of loss

The authority emphasised compliance with CPS 234.

MetLife relies on Australian arm through 2026

S&P Global says MetLife Insurance would keep a stable outlook.

IAG battles against cyber threats with new underwriting agency

43% of cyber-attacks target small businesses in the country.

ICA amplifies fight against insurance scams with new function

In 2023, it saw AU$560m cases of opportunistic insurance fraud.

Australian council addresses AI Risks, touts strong data management

ICA calls for government-industry-academia collaboration.

Australia calls for road data sharing initiatives

The campaign is supported by 18 nat’l organisations, including insurers.

Australia ‘needs’ more investments to underwrite future

The Actuaries Institute also advocates for equitable super changes.

Helia Insurance’s CAR will remain afloat for the next 2 years

Its monoline business and reliance on a single customer pose concentration risks

Everest Insurance establishes presence in APAC

It opened its first office in Australia.

Australian summers bring higher disease risk

High temperatures could impact agricultural production and health.

Crawford GTS reels new leader

Matt Donnelly carries more than 30 years of experience in the industry.