Global trade credit risk management group Coface has forecast global growth of 2.6% this year, a slight easing from 2.8% in 2025. The forecast was made before 28 February when the US-Israel vs Iran military conflict began.
Arch Insurance Australia has promoted Ms Carey Sturgiss to the position of Southern Region Professional Indemnity (PI) Underwriting Manager.
The Insurance Council of Australia (ICA) has declared the conflict in the Middle East a "Significant Event", in an effort to amplify industry support. The declaration assists the ICA, insurers and policymakers to assess the insurance impact of the conflict.
Respondents in Asia Pacific have identified global supply chain paralysis and global Internet outrage as the two most plausible Black Swan scenarios, according to a Allianz Risk Barometer analysis.
QBE Insurance Group, the Australia-headquartered general insurer and reinsurer, is poised to take full ownership of Raheja QBE General Insurance Company, pending regulatory clearance.
Australians are divided over who should pay for insurance premiums that are surging as a result of climate change, according to a new survey report by Charles Stuart University of Australia.
Gallagher Re has promoted Mr Richard Jones to the position of Chairman, APAC, and Mr Roshan Perera to the position of Managing Director, Head of APAC.
Zurich-based catastrophe insurance data provider PERILS has reported that the Victoria bushfires, which struck south-eastern Australia from 7 to 13 January 2026, led to insurance losses of A$786m (US$559m).
The Insurance Council of Australia (ICA) has lodged four submissions to a federal parliamentary inquiry into small business insurance, urging reforms to insurance taxation, climate resilience, workplace mental health and cyber risk management. The inquiry, chaired by Senator Deb O'Neill, is examining how to improve the affordability and accessibility of cover for Australia's 2.5m small businesses.
The Insurance Council of Australia (ICA) has backed draft laws that would give regulators new powers to crack down on unfair trading practices. It also wants strong enforcement once the legislation is passed.