Australia
Markel Insurance strengthens PFR team with Quigan appointment
Markel Insurance strengthens PFR team with Quigan appointment
Quigan will oversee underwriting strategies for new and renewal business.
Allianz Australia cements South Australia growth via RAA deal
About 300 RAA employees have joined Allianz.
APRA requires insurers to identify critical services under new CPS 230 rule
It also mandates enhanced oversight of third-party service providers.
Australian families avoid private hospital insurance use over high gap fees
17% of couples and 15% of singles reported doing the same.
NRMA Insurance tallies more claims in 2025 than all of 2024
69% of Australians are now more aware and concerned about extreme weather risks.
Over half of Australians open to switching health insurers for perks
Other popular incentives included bonus frequent flyer points.
APRA proposes capital relief to boost annuity competitiveness
Life insurers would be allowed to hold reduced capital for annuity products.
APRA, ASIC flag early gains in life insurance disclosure reforms
Efforts to reduce premium volatility through product design remain in early stages.
Swiss Re CS names Aimee Curtain as ANZ head of property & specialty
Aimee Curtain joined the company in 2021.
Australia sues insurance comparison site Choosi for alleged misleading claims
About 4,225 funeral insurance policies and 9,478 life insurance policies may be affected.
AIG names Celina Ennis as head of ANZ
Ennis will join from Allianz, where she worked for 4 years.
Australia to redraft new insurance code of practice
Public consultation will take place in the first quarter of 2026
Australians average two hospital insurance claims a year
21% rated hospital cover as their most essential form of insurance.
Australian Reinsurance Pool sees insurer participation rise, cyclone pool gains
Access to insurance has improved as well, ARPC said.
IAG secures RAC Insurance and 20-year distribution rights
The transaction is expected to complete in the first half of calendar year 2026.
Rising dental costs prompt Australians to reconsider extras health insurance
24% of Australians would spend more on dental care if they could afford it.
60% of Australians feel financially secure, but 23% still underinsured
23% of life insurance holders said they did not believe their cover was sufficient.
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