Latest Australia Headlines
All the headlines from our Australia Topic Page, ordered by recency.
Willis Re Taps Aon’s McDowell to Lead Bermuda Unit; Harden as APAC President
Aug 23 2016 // Willis Re announced the appointment of Chris McDowell as CEO of Willis Re Bermuda. Effective Jan. 1, 2017, he will succeed Michael Harden, CEO of Willis Re Bermuda since 2014, who is returning to the Asia Pacific region as...
BHSI & Tego to Provide Medical Indemnity Cover for Doctors in Australia
Aug 16 2016 // Berkshire Hathaway Specialty Insurance Co. (BHSI) and Tego Insurance announced they have entered into an exclusive underwriting agreement to provide medical indemnity insurance to medical practitioners in...
Malaysia Confirms Pilot’s Simulator Contained Flight 370 Course
Aug 9 2016 // Malaysia acknowledged for the first time that one of the pilots of Malaysia Airlines Flight 370 had plotted a course on his home flight simulator to the southern Indian Ocean, where the missing jet is believed to have...
BHSI Launches Cyber Liability Cover in Australia; Osgood Leads Product Line
Jul 21 2016 // Berkshire Hathaway Specialty Insurance Company (BHSI) announced it has introduced cyber liability insurance in Australia and named Emma Osgood as head of Cyber Liability in the region. BHSI is focusing on the...
BHSI Enters Australia A&H Market, Appoints Product Leaders
Jul 6 2016 // Berkshire Hathaway Specialty Insurance Co. (BHSI) announced it has launched a full suite of Accident & Health Insurance products in Australia and appointed Daniel Kenny as head of Accident & Health and Shaun...
Insured Losses from Australia’s Storms Rise to $41.6M
Jun 8 2016 // The Insurance Council of Australia (ICA) has expanded the footprint of the latest insurance catastrophe to include the east coast of Victoria and Tasmania’s northern and eastern coastlines. The declaration increases...
Australia’s Storms Estimated to Cost Insurers $28 Million: Insurance Council
Jun 6 2016 // The Insurance Council of Australia (ICA) has declared an insurance catastrophe after the storms that pounded the east coast of Queensland and New South Wales (NSW) over the weekend. By Monday, June 6, insurers had received...
StarStone, Subsidiary of Enstar, Creates Australian Underwriting Hub
May 20 2016 // StarStone, the global specialty insurer and subsidiary of Enstar Group Ltd., announced the creation of an underwriting capability in Australia. The new hub will operate alongside Enstar’s existing Australian...
Australian Tech Entrepreneur Confirms He Is Bitcoin Creator: BBC Report
May 2 2016 // Australian tech entrepreneur Craig Wright told the BBC on Monday he was the creator of controversial digital currency bitcoin, ending years of speculation about a person who until now has gone by the name of Satoshi...
Investors Back Trov, On-Demand Platform for ‘Insurable Moments’ and Items, with $39M
Apr 26 2016 // Investors have pledged $39 million for a technology platform that allows consumers to insure their valuable things and turn the coverage on and off whenever they want with swipe of a finger on their smartphone. In the...
Australia Nears Record for Fewest Cyclones Since 1970 – Thanks to El Niño
Apr 25 2016 // El Niño is getting some of the credit as Australia nears a record for the fewest tropical cyclones since 1970. “With the end of the season approaching and only three cyclones so far, the 2015-16 Australian region...
Ironshore International Buys Sydney-Based Savannah Insurance Agency
Mar 28 2016 // Ironshore International has acquired the Savannah Insurance Agency of Sydney, Australia, effective immediately. The Savannah Agency team of underwriters will join Ironshore Australia offices, broadening its regional...
Chubb Appoints P&C Risk Engineering Leadership Team in Asia Pacific
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...
Part from Missing Malaysia Flight 370 Said to Have Been Found off Mozambique
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...
Fiji’s Strongest-Ever Cyclone Flattens Entire Villages; Death Toll Rises
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...
January Weather Cost Global Economy $4 Billion-Plus: Impact Forecasting
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...
Allied World Appoints Herron as VP in Australia Professional Liability Team
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...
XL Catlin Opens Brisbane Office, Continuing Regional Expansion
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...
BHSI Launches D&O & PI Cover in Australia, Expands Team
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,...
Weather Forecaster Warns La Niña Could Follow on Heels of El Niño
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...
