Nearly 14% or one in seven Australian travellers went on their most recent travel without a valid travel insurance cover according to a recent survey by the Insurance Council of Australia (ICA). The survey found that this trend is particularly pronounced among younger travellers, with 23% of under-30s going uninsured.
Swiss Re Life & Health Australia has halted new business activities in Australia from October 2025 as part of efforts to drive sustainable product design, particularly in Total Permanent Disability (TPD) insurance.
Berkeley Insurance Australia has announced the appointment of Gareth Edwards as its new national head of claims, according to a LinkedIn post on Thursday.
The Australian Prudential Regulation Authority (APRA), Australia's insurance regulator, has released a response paper outlining refinements to its proposed updates to the general insurance reinsurance framework.
NorthStandard has named Mr Michael Hustler as its new head of APAC, effective 27 October.
Arch Insurance Australia has appointed Ms Melissa Corrigan as business development manager.
Australians hold their health insurance cover for a decade or even more and almost 50% of them never switch funds according to a new survey.
In a whitepaper released earlier this month, the Insurance Council of Australia (ICA) has called for urgent reforms to outdated state and territory laws that are driving up insurance costs for businesses across the country. The whitepaper is titled 'A Sustainable Public Liability Insurance Market in Australia: The Case for Civil Liability Reform'.
Markel International has appointed Mr Tom Hillier as CUO, subject to regulatory approval, alongside a new structure for its international operations.
Small businesses in Australia are paying up to 30% more for their insurance premiums because of taxes and levies imposed by state and territory governments according to a new report by the Australian Chamber of Commerce and Industry (ACCI).