Final industry loss estimate is slightly lower than third estimate of A$1.9bn

Insurance regulator hopes to contribute to ‘regional AI hub’

ICA says severe weather caused nearly $2.5bn in insured losses in 2025

Insured losses hiked to nearly A$3bn for New South Wales and Queensland tempests at the end of November

January bushfires in Victoria burned more than 4,000 square kilometres

Mark Cloutier steps into advisory role as Aspen’s Stanford named Sompo UK chief executive

South African group’s branch will write marine, property, engineering and other reinsurance contracts

Sale is latest step in Australian giant’s portfolio optimisation strategy

Sailesh Divakaram joins from Gallagher Re to lead broker’s regional treaty expansion

Firms could exclude some foreign reinsurance from calculating capital base

Jimmy Tong becomes Singapore chief executive of Liberty’s newly unified brand

Loss aggregator warns loss estimate could increase further

Claims for current policy year higher than expected but in line with wider market, P&I clubs says

Move will broaden members’ access to English law and claims advice

Executive will continue as chief executive of broker’s aerospace practice across Asia-Pacific

Insured losses from ex-Tropical Cyclone Alfred surpass $1.5bn