Australia
Swiss Re CS names Aimee Curtain as ANZ head of property & specialty
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.
S&P flags distribution risk for Helia after CBA contract loss
Although Helia is expected to retain approximately 21% GWP.
Australia drives insurance reviews with $20m fines on compliance breaches
Recent court rulings also indicate a trend toward non-indemnification.
Allianz Partners launches cruise insurance with cruise line as bookings rise
Cruising now accounts for 10% of all travel amongst Australians.
2 in 5 Aussies with single policies rarely claim extra covers.
Couples and family policy holders are more likely to make claims on extra covers.
Pacific commercial rates down 8% in Q1 2025
Marsh recorded declines across all major lines of business.
Clearer cyber risk benchmarks for Australian SMEs pushed
The financial fallout from a single cyber event can be devastating.
Australian insurers report $6.1b profit on benign hazard period: KPMG
Profits before investment income and after taxes were $3.1b.
GCube urges insurers to close risk gap in renewable projects
Severe risks have greatly impacted the project bankability of renewables.
Commentary
AI isn’t replacing insurance, it’s finally making it work