All the headlines from our Australia Topic Page, ordered by recency.
Mar 25 2022 // Greenlight Re Innovations (GRI), part of Greenlight Capital Re Ltd., announced an investment in AuditCover Australia Pty Ltd., a tax audit insurtech.The amount of the investment was not disclosed. AuditCover is an...
Mar 15 2022 // An Australian court on Tuesday overturned a groundbreaking ruling from last year that required the country’s environment minister to consider harm to children from climate change as part of the approval process for a...
Mar 14 2022 // Australia and the Netherlands started legal proceedings against Russia over the downing of Malaysia Airlines Flight MH17, more than seven years after the deadly crash.The move, at the International Civil Aviation...
Mar 9 2022 // Australia’s Prime Minister Scott Morrison conceded that a changing climate is making the country a more difficult place to live as he declared recent destructive flooding on the east coast a national...
Mar 4 2022 // Property and auto insurers in Australia have received 60,163 claims related to the ongoing disastrous flooding in South-East Queensland and New South Wales. Based on previous flood events, the Insurance Council of...
Mar 3 2022 // Sydney was preparing on Wednesday for dangerous flash flooding as population centers farther north began a massive cleanup operation after record floods that have claimed at least 14 lives along Australia’s east...
Feb 17 2022 // Industrial insurer HDI Global SE has restructured its Asia Pacific operations in a move designed to simplify reporting structures in the region and strengthen its offering for customers and business partners.The reform of...
Feb 14 2022 // Cyber criminal gangs are getting increasingly adept at hacking and becoming more professional, even setting up an arbitration system to resolve payment disputes among themselves, according to a new report by the United...
Feb 1 2022 // A report released by Rio Tinto on Tuesday outlined a culture of bullying, harassment and racism at the global mining giant, including 21 complaints of actual or attempted rape or sexual assault over the past five...
Jan 31 2022 // io.insure, the world’s first online mergers and acquisitions (M&A) insurance marketplace for small and medium-sized business (SME) transactions, announced it has launched in Australia.The io.insure marketplace is...
Dec 27 2021 // MELBOURNE – India’s Adani Group is preparing to ship the first coal cargo from Australia’s most controversial mine, after battling a seven-year campaign by climate activists and defying a global push away...
Dec 13 2021 // The initial industry loss estimates for Southern Australia’s severe storms, which occurred during the period of Oct. 28-30, 2021, are A$1.03 billion (US$739 million), according to PERILS, the independent Zurich-based...
Dec 3 2021 // Severe flooding episodes across vast swathes of eastern Australia this week show no signs of relenting as costs to farmers continue to mount, with another bout of heavy rain on course to hit the already sodden growing...
Dec 2 2021 // Arthur J. Gallagher & Co. announced the acquisition of Caulfield, Victoria-based Sound Insurance Services in Australia.Terms of the transaction were not disclosed. Gallagher Completes $3.25B Purchase of Willis’...
Nov 30 2021 // Westpac Banking Corp. agreed to pay A$113 million ($80.6 million) in penalties after the Australian regulator alleged the lender had widespread compliance failures that included charging dead people.The case includes a...
Nov 23 2021 // Australia’s weather bureau said on Tuesday a La Niña weather phenomenon had developed in the Pacific Ocean for the second year in a row that could bring above average rainfall across the country’s center,...
Nov 19 2021 // Australia’s corporate regulator said on Friday it was suing MLC Life Insurance for causing financial harm of A$17.5 million ($12.73 million) to over a quarter million customers by not paying benefits and charging...
Oct 29 2021 // The Insurance Council of Australia (ICA) has declared an insurance catastrophe for parts of South Australia, which were hit by significant hail, rain, and strong winds over the past 24 hours.Insurers have received more...
Oct 26 2021 // SYDNEY – A small Australian publisher is calling for the government to enforce a new law to compel Facebook Inc to negotiate a content deal, prompting the architect of the rule to say he was “concerned” about...
Oct 15 2021 // Australia’s corporate regulator commenced civil proceedings against a unit of Insurance Australia Group on Friday, for failing to pass on discounts worth A$60 million ($44.51 million) to nearly 600,000 customers.The...