Arch Insurance Australia has promoted Ms Aisling Hegarty to the position of Head of Professional Indemnity (PI).
Insurance Australia Group (IAG) yesterday announced its first-half results for the financial year ending 30 June 2026 (FY26). Australia's top general insurer also posted a net profit after tax of A$505m ($354m) for the six months to December 2025, down from the A$778m recorded in the prior corresponding period.
Superannuation company, Super Consumers Australia, has urged the Australian Federal Government to urgently fund a free, independent retirement guidance and comparison service through the Australian Securities and Investments Commission's (ASIC) Moneysmart website, warning that complexity and a lack of trusted information are leaving Australians vulnerable to predatory superannuation schemes.
Global speciality insurer, AmTrust International, has announced the launch of its APRA licensed branch in Australia.
Zurich Financial Services Australia (Zurich Australia and New Zealand) and Zurich Cover More have appointed Mr Blain Waterford as Head of Travel, Australia and New Zealand.
The Australian Securities and Investments Commission (ASIC) is urging immediate action from superannuation trustees to strengthen anti-scam and fraud practices after its latest review exposed significant gaps in communications for members.
Chair of the Australian Securities and Investments Commission (ASIC), Mr Joe Longo, has welcomed the appointment of Ms Sarah Court as incoming Chair. She will assume her new role on 1 June 2026.
Tokio Marine Kiln (TMK) has appointed Mr Ben Sitki as an Underwriter within its Cyber Reinsurance Solutions team.
PERILS, the independent Zurich-based organisation providing industry-wide catastrophe insurance data, has disclosed that its second industry loss estimate for the Australia East Coast Severe Convective Storms (SCS) is A$1,512m ($1,052bn).
The proposed state-owned insurer TasInsure, to be set up by the Tasmanian government, would fall short of addressing the underlying drivers of insurance costs fully and expose Tasmanian taxpayers to significant financial losses, according to a new economic analysis.