Sedgwick has appointed Mr Simon Kay as CEO and Ms Kimberley Daley as COO. Between them, they will lead the company's Australian business.
Gallagher Re has appointed Mr Russell Hails as Executive Director, Head of MGA Solutions, APAC.
More than 3m older Australians - including more than 400,000 pensioners with private health insurance - will be hit hard by the federal government's decision to cut private health insurance rebates for Australians aged over 65.
The Insurance Council of Australia (ICA) said efforts to improve insurance affordability in Tasmania should focus on addressing the underlying drivers of rising costs, following the state government's announcement that it will establish a new statutory authority, TasInsure, aimed at reducing premiums.
Insurance Australia Group (IAG) has announced a refreshed strategy and long-term financial targets as part of its Ambition 2030.
Over the past decade, the number of people accessing financial support because they are not able to work due to injury or illness has surged in Australia, with 2m more Australians now claiming income support payments.
Around one third (31%) of Australians have experienced wild weather damage to their property or vehicle since 2021, according to new research published by NRMA Insurance Company.
The Australian Prudential Regulation Authority (APRA) has urged a lasting shift in how banks, insurers, and superannuation trustees manage AI-related risks amid its ongoing evolution.
A potential risk facing Australia is the reoccurrence of El Nino in August, which has an 80% probability of taking place.
Agrifood, an important sector highly dependent on diesel used for planting, harvesting, processing and transportation, will be severely impacted if the conflict lasts any longer due to higher oil and fertiliser prices.