Global insurance trends

GlobalData Report Looks at Australian Life Sector

The latest market snapshot from GlobalData looks at the Life sector; The Australian life insurance industry is projected to grow at a compound annual growth rate (CAGR) of 5.9% from AUD33.6 billion ($23.3 billion) in […]

Global insurance trends

Australian Insurance Market Looks Set to Grow, Says New Report

Latest data snapshot from GlobalData, who see strong growth in Australia. The Australian general insurance industry is set to grow at a compound annual growth rate (CAGR) of 9.1% from AUD86.8 billion ($60.1 billion) in […]

News

Deals: BMS Buys GARD Insurance Pty

BMS Group, the independent specialist insurance and reinsurance broker, has acquired GARD Insurance Pty Ltd, which includes ALE underwriting. The terms of the transaction have not been disclosed. GARD was founded in 2015 and provides public […]

Global insurance trends

Deals: BMS Buys Australian Broker

BMS Group, the independent specialist insurance and reinsurance broker, has entered into an agreement to acquire West Australian specialist broker Western United Financial Services (WUFS). The terms of the transaction have not been disclosed. WUFS […]

Motor Insurance

Greater Than Working With DKG Down Under

Greater Than (GREAT: ST), recently announced a partnership with DKG, one of Australia’s leading providers of innovative risk measured insurance solutions. DKG will launch Fuse Fleet, a behavior-based insurance solution that will revolutionize the Australian […]

News

Allianz Announces Key Regional Commercial/Corporate Appointments

As part of the implementation of its ‘Integrated Commercial’ strategy to better serve the full Commercial segment, Allianz Group today announced the leadership for four of its largest Property and Casualty Commercial insurance markets: Australia, […]

Global insurance trends

Canopius Opens New Office in Melbourne

Canopius Group, a leading global specialty (re)insurer, today announced the opening of a new trading office in Melbourne, Australia. The operation will be led by David Mutton, who joins Canopius as Casualty Underwriter, APAC with […]

Global insurance trends

Medibank Is On The Up Down Under, Says GlobalData

Latest from GlobalData; Medibank regained its position as the leading Australian health insurer in 2022, ending the six-year dominance of Bupa, says GlobalData, a leading data and analytics company. GlobalData’s Insurance Database reveals that in a highly […]