All the headlines from our Australia Topic Page, ordered by recency.
Mar 28 2016 // Chubb has appointed Darren Cantas its head of Risk Engineering for Property and Casualty in Asia Pacific.He will continue to lead the region’s P&C Risk Engineering Services team, comprising 32 risk engineers...
Mar 2 2016 // Investigators probing the 2014 disappearance of Malaysia Airlines Flight 370 are examining an object found on the coast of Mozambique they suspect came from the missing Boeing Co. 777, a person familiar with the...
Feb 22 2016 // The death toll from the strongest tropical cyclone ever to hit Fiji climbed to at least 20 as aerial surveillance of affected areas showed entire villages were obliterated as the Category-5 storm roared across the South...
Feb 10 2016 // January winter weather cost more than $4.0 billion of economic impact in the United States and Asia, according to Impact Forecasting, Aon Benfield’s catastrophe model development team, which evaluates the impact of...
Jan 28 2016 // Allied World Assurance Co. Holdings announced that Michael Herron was appointed vice president, Professional Liability – Allied World Global Markets.Based in Sydney, Australia, Herron will be responsible for the growth...
Jan 26 2016 // XL Catlin’s insurance segment announced it has opened its third office in Australia, located in Brisbane.The office will be initially staffed by Geoff Still and Steve Rogers covering property & casualty...
Jan 19 2016 // Berkshire Hathaway Specialty Insurance Company (BHSI) has launched four new executive and professional lines policies in Australia and named Sami Jaghbir as senior underwriting manager, Executive & Professional Lines,...
Jan 5 2016 // The El Niño that disrupted weather worldwide last year has peaked. Now forecasters are predicting what may be next for the world’s climate.A number of El Niño-Southern Oscillation indicators suggest that the...
Dec 29 2015 // Losses from wildfires that destroyed more than 100 homes along a popular tourist stretch in southeastern Australia more than doubled in two days to A$53 million ($38 million) and are expected to climb further, the...
Dec 28 2015 // Arthur J. Gallagher & Co. has acquired 100 percent of the capital stock of Strathearn Insurance Group Pty Ltd., headquartered in Perth, Australia. Terms of the transaction were not disclosed.Founded in 1993, Strathearn...
Dec 17 2015 // The Insurance Council of Australia (ICA) has declared a catastrophe after storms struck New South Wales, in particular Sydney’s eastern and southern suburbs.The ICA’s bulletin notes that the “storms...
Dec 14 2015 // Suncorp Group Ltd., Australia’s largest insurer by market value, plunged the most since 2009 after saying margins in its general insurance business will be hit by storm claims and increased costs due to a weaker...
Dec 10 2015 // As the El Niño weather phenomenon makes the U.S. Northeast warmer, the Midwest drier, and the South and the West wetter this winter, Eric Marshall, portfolio manager of the $2 billion Hodges Small Cap fund, is not one of...
Dec 9 2015 // Allied World Global Markets has introduced enhanced coverage options for hospitals and other healthcare organizations in the UK, Asia and Australia.“The healthcare landscape is becoming increasingly complex,”...
Dec 8 2015 // Impact Forecasting, Aon Benfield’s catastrophe model development team, has issued the latest edition of its monthly Global Catastrophe Recap report, which evaluates the impact of natural disaster events that occurred...
Nov 23 2015 // ACE Ltd. announced key leaders it intends to appoint for the Asia Pacific region of the new Chubb Group’s Overseas General Insurance division, which includes Australia, China, Hong Kong, Indonesia, Korea, Macao,...
Nov 18 2015 // Specialist insurer Beazley launched in Australia “Weather Guard,” an insurance policy to protect Australian businesses from weather-related revenue shortfalls.Weather Guard covers weather-related perils that...
Oct 29 2015 // Talbot Underwriting Australia, the Sydney-based branch of Talbot Risk Services Pte Ltd., has established a crisis management practice with the appointment of two leading underwriters to drive growth in specialty lines in...
Oct 27 2015 // Berkshire Hathaway Specialty Insurance Company (BHSI) has begun underwriting Marine, Transport & Logistics Liability Insurance in Australia and New Zealand. It has also appointed Barton Phillips, Head of Transport and...
Oct 16 2015 // When Insurance Australia Group, the country’s largest general insurer, announced ambitious plans in June to ramp up its business in Mainland China, several institutional investors including Jason Kim were seriously...