Zurich-based catastrophe data aggregator PERILS has lowered its industry loss estimate for Cyclone Alfred to A$1.92bn ($1.2bn), down 14% from its second loss estimate of A$2.25bn issued in June 2025, three months after the event.
The Financial Services Council (FSC) has appointed Mr Daniel Shrimski, managing director of Vanguard Australia, and Mr Scott Hartley, CEO of Insignia Financial, as directors to its board.
Specialist MGA platform and wholly owned subsidiary of The Fidelis Partnership, Pine Walk, has launched Arenite Specialty.
The Insurance Council of Australia (ICA) has responded to all five Productivity Commission interim reports with recommendations to boost economic efficiency.
Strata - laws in Victoria state of Australia need to be reformed to improve the affordability and availability of insurance for the multi - unit dwellings according to Insurance Council of Australia (ICA).
Around 2.4m Australians (17% of the country's population) with private health insurance have increased their excess in the past two years to reduce their premiums according to a new research by Money.com.au.
There is a need for increased driver awareness on Australia's roads, especially between dawn and dusk, because of the risk of wildlife collisions.
Affordability of transport in Australia improved every quarter over the 2024-2025 financial year, according to the Australian Automobile Association's (AAA) Transport Affordability Index. It was the first time that affordability improved in four consecutive quarters since 2020.
Canopius has appointed Mr Ray Wong as energy underwriter. According to Mr Johnny Kim, Canopius head of energy and construction, APAC, Mr Wong's technical depth and commercial mindset make him an excellent addition.
Kennedys, a global litigation and dispute resolution firm with a specialisation in insurance, has promoted Mr Ben Forrest (Sydney) and Mr George Abraham (Melbourne) to special counsel for insurance in Australia.