VIG Re has appointed Mr Wilfrid Goh as Chief Representative APAC, for its proposed Representative Office in Singapore, effective 1 July 2026 and subject to the approval of the Monetary Authority of Singapore (MAS).
Australian insurance broker Steadfast Group has received an indicative takeover proposal from US specialty insurance distributor Amwins Group Inc and private equity firm Dragoneer Investment Group. The announcement triggered a record 36% jump in the company's share price.
Aussies living in residential aged care facilities are at risk as they may not be able to access regular GP care due to systematic failings in the care system.
The Council of Australian Life Insurers (CALI) is warning that life insurance lead generation should not be swept up into a blanket ban designed to address misconduct in other parts of the financial system.
Arch Insurance Australia has appointed Mr Arion Reuter as Senior Professional Indemnity (PI) Underwriter.
Coface has appointed Mr James Yau as Head of Commercial, Southeast Asia (SEA) and Head of Mid-Market, APAC.
Munich Re has announced that its cyber businesses in APAC and Africa will be led by a newly appointed management team.
The Insurance Council of Australia (ICA) and the Insurance Council of New Zealand (ICNZ) will jointly work to establish a Resilient Insurance Markets Initiative, a formal partnership to coordinate advocacy, share expertise, and build more resilient communities across the region.
Markel Insurance, the insurance operations within Markel Group, has launched its fine art and specie offering in Australia, with the appointment of Mr Matthew Stock as Head of Fine Art and Specie - Australia.
The Australian state of Victoria has recorded a surge in motor vehicle theft claims, countering the national trend as every other major state has seen declines. The Insurance Council of Australia, citing data from the Insurance Statistics Australia, said Victoria's theft claims rose 25 percent between 2024 and 2025, while incurred costs jumped 37% to A$243m ($173.2m) across more than 12,500 claims. The state's total losses exceeded the combined value of theft claims in Queensland, New South Wales, South Australia, and Western Australia.