Despite Australia being synonymous with economic resilience, around 70% of businesses in the country are underinsured according to Howden Australia.
The Australian Reinsurance Pool Corporation (ARPC) has received strong endorsement from its insurer customers, with the latest 2024/25 Insurer Customer Survey revealing high levels of satisfaction across both the Terrorism and Cyclone Reinsurance Pools.
Chubb has appointed Mr Brian Hogan as head of accident and health for Australia and New Zealand, according to news platform insuranceNEWS.com.au.
The initiative by Australian Prudential Regulation Authority (APRA) to improve the capital framework for annuity products has been welcomed by the Actuaries Institute of Australia (AA).
Descartes Underwriting has announced the promotion of Mr Ben Qin to the role of head of APAC, as well as the appointment of Mr Seow Wee Beng as acting head of Southeast Asia in order to support Mr Qin in his role.
The Insurance Council of Australia (ICA) and its members will visit Harden in New South Wales this month to meet the insurance customers affected by the severe hailstorm and heavy rain event that impacted the region in February this year.
Aon has appointed Mr Rupert Moore as CEO of reinsurance across APAC and chairman of the region for Aon's Strategy and Technology Group.
In a statement made at the Parliament House media conference regarding the Australian government's recommitment to ban the use of genetic tests in insurance underwriting, Council of Australian Life Insurers (CALI) CEO Christine Cupitt noted the association's support.
QBE APAC has two new arrangements, one with Sure Insurance and the other with its newly launched broker channel brand, Castle Insurance.
One in five drivers in Australia admit that they disable their car's safety features according to the 31st edition of AAMI Crash Index research released in July 2025.