All the headlines from our Australia Topic Page, ordered by recency.
Nov 22 2019 // Westpac Banking Corp.’s board stood behind its management team on Friday, offering embattled chief executive Brian Hartzer some respite from mounting criticism over allegations of a breach of money-laundering laws,...
Nov 21 2019 // More than 1,350 Australian women won a seven-year-old class action lawsuit on Thursday against Johnson & Johnson (J&J) for misleading patients and surgeons about the risks of the pharmaceutical giant’s pelvic...
Nov 21 2019 // Sydney was shrouded by smoke for a second time this week on Thursday as bushfires continued to rage along Australia’s eastern seaboard.Early morning commuters in the city center were faced with an acrid haze that...
Nov 20 2019 // An Australian judge will rule this week whether Johnson & Johnson hid the risks of its vaginal-mesh products and damaged the organs of women, in the latest ruling in worldwide litigation against the U.S. company over...
Nov 19 2019 // Fire tornadoes are set to become a more common feature of the Australian landscape as climate change takes hold later this century.That’s according to new research from the University of New South Wales’s...
Nov 14 2019 // Scores of wildfires continued to rage across vast tracts of Australia’s drought-stricken east coast on Wednesday, forcing hundreds of residents to evacuate their homes, some for the second time in a week.The most...
Nov 14 2019 // Extreme floods in Venice, fires in Australia and even an outbreak of plague in China have been attributed to climate change this week, while researchers have warned that global warming could saddle future generations with...
Nov 13 2019 // Ferocious wildfires were burning at emergency-level intensity across Australia’s most populous state and into Sydney’s suburbs on Tuesday as authorities warned most people in their paths that there was no...
Nov 12 2019 // The Insurance Council of Australia (ICA) on Nov. 9 declared a catastrophe for the bushfires blazing in northern New South Wales.The catastrophe declaration is for communities on the mid-north coast affected by bushfires...
Nov 12 2019 // Australia is bracing for another week of devastating bushfires, with swaths of the eastern seaboard and even areas of greater Sydney facing a “catastrophic” threat that’s unprecedented at this time of...
Nov 1 2019 // Radical. Extreme. Anarchists: Scott Morrison’s choice of language Friday made it clear how he views some environmental protesters. Now the Australian prime minister is signaling he will legislate to stymie what he...
Nov 1 2019 // Australia faces the prospect of more severe cyclones, wildfires and floods as the climate warms, the nation’s largest insurer said.A 3 degree Celsius increase in global temperatures will lead to higher intensity...
Oct 30 2019 // Property Claims Services (PCS), a Verisk subsidiary, has extended the catastrophe loss aggregation methodology, previously developed for use in Japan, to cover more territories in the region.Starting Jan. 1, 2020, PCS will...
Oct 21 2019 // Berkshire Hathaway Specialty Insurance (BHSI) announced it is entering the surety market in Australia and has named Jonathan Griffiths as head of Surety, Australia.BHSI will focus on providing contract surety solutions for...
Oct 15 2019 // Australia banned a traveler from visiting for three years after she failed to declare her suitcase was loaded with food, including products that risk introducing a pig-killing virus.The 44-year-old woman, who arrived at...
Oct 10 2019 // About 500 firefighters were battling out-of-control wildfires in eastern Australia that have destroyed up to 30 homes.More than 40 bushfires were burning across New South Wales state. Temperatures were cooler Wednesday...
Sep 27 2019 // James Ng has been promoted to general manager and principle officer for Munich Re Syndicate Labuan Ltd. (MRSLab). Based in Kuala Lumpur, Malaysia, Ng will have overall responsibilities for the Labuan operations and its...
Aug 12 2019 // The property insurance market loss from the Australia’s Townsville floods, which affected northern Queensland, Australia, between Jan. 26 and Feb. 10, 2019, has risen to A$1.22 billion (US$827.1 million), according...
Aug 9 2019 // Greenlight Re Innovations (GRI), a subsidiary of Greenlight Capital Re Ltd., announced it has made a strategic investment in Handdii Pty Ltd., a property insurance claims fulfillment platform.Melbourne, Australia-based...
Aug 8 2019 // Commonwealth Bank of Australia became the latest company to join a global push to reduce emissions and said it would phase out its exposure to thermal coal or power plants by 2030.The company announced a new environmental...