Zurich Singapore has appointed Mr Dylan Bryant as Head of Zurich Multinational and Captives, APAC, and Mr Patrick Fyson as Head of Property, Asia.
The Australian financial services regulator Australian Securities & Investments Commission (ASIC) has said that home insurers may be leaving Australians exposed to higher repair costs by using cash settlements in a significant percentage of claims.
The cost of rebuilding homes in Australia after extreme weather events is rising faster than inflation with the biggest increases concentrated in the materials and trades needed most after disasters, according to a new analysis by the Insurance Council of Australia (ICA).
Descartes Underwriting, a global provider of corporate parametric (re)insurance solutions for climate and emerging risks, and Generali Global Corporate & Commercial (GC&C), the business unit of Generali Group providing insurance solutions and services to medium and large companies in more than 180 countries, have renewed their strategic partnership.
Australian insurer Suncorp is partnering with Aussie tech company Codafication to support its property claims process.
Mr David Bradbury commenced his role as Deputy Chair of the Australian Prudential Regulation Authority (APRA) on 1 September 2026. He has been appointed for a five-year term and will oversee APRA's work in superannuation.
APAC has become what he described as "the engine room for global aviation industry growth and aerospace".
Home insurers may be leaving Australians exposed to higher repair costs by using cash settlements in a significant percentage of claims, an ASIC review has found.
The Council of Australian Life Insurers (CALI) has welcomed the federal government's decision to proceed with introducing a new class of adviser for life insurers and APRA-regulated superannuation funds.
Over the coming four years, the Australian Reinsurance Pool Corporation (ARPC) is planning to strengthen delivery of Australia's terrorism and cyclone reinsurance pools, while making greater use of its unique data and insights to support risk mitigation and resilience.