The Global Asia Insurance Partnership (GAIP) has announced that Lloyd's Asia has joined the Asia-focussed, neutral tripartite platform as a Supporting Partner, bringing a specialist (re)insurance market perspective to GAIP's work to address protection gaps and strengthen resilience against the complex and evolving risks affecting Asia.
Australia's Federal Court has ordered Hollard Insurance Partners (Hollard) to pay a A$2m ($1.4m) penalty after the insurer admitted to serious claim-handling failures that left a Victorian family living in appalling conditions, with their home ultimately deemed a total loss.
Data from WTW's Quarterly Deal Performance Monitor reveals that completed M&A deal value grew by 23.9% year-on-year during the first nine months of 2026, rising to $1.65bn from $1.33 bn in the same period of 2025.
Mental health-related absences is a fast growing workforce challenge in Australia, with recent data showing that such absences have increased by 35% y-o-y to become a leading cause of employee long-term leave in organisations.
Allianz Retire+ and AIA have formed a strategic partnership aimed at addressing Australia's growing retirement challenge.
Strengthening national leadership on housing delivery, land use planning and improving the resilience of existing housing stock at the point of repair, renovation or replacement have been identified as key practical priorities to protect Australians against the impacts of extreme weather, according to a new report by IAG.
Arch Insurance Australia has promoted Mr Andrew Whitlock to the role of Head of Casualty.
The NEXROC Group has announced plans to launch tender offers for two publicly listed life insurance companies, one in the United States and one in Australia.
Tokio Marine Kiln (TMK) has appointed Mr Oliver Wilcox as Head of Energy within its marine and energy division.
Premium discounts recognising cyclone mitigation measures have reached A$9.7m ($6.8m) across homes reinsured by the Cyclone Reinsurance Pool, according to the latest quarterly statistics released by the Australian Reinsurance Pool Corporation (ARPC).