Daily

Where the money went: The 10 biggest causes of claims

14 December 2018

Aviation-related claims are the biggest driver of insured losses in Australia, according to an Allianz Global Corporate & Specialty annual report...

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NZ extreme weather losses near historic highs

14 December 2018

New Zealand is counting the mounting cost of extreme weather, with insured losses this year reaching the second-highest total since full-year records began in 1969...

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Crawford names new Australian business chief

14 December 2018

Loss adjuster Crawford & Company has appointed Tim Jarman as President Australia following the promotion of Andrew Bart to a global role.

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EML makes rocky start in NSW workers’ comp role

13 December 2018

EML’s performance as the NSW workers’ compensation scheme agent has been criticised in a statutory review that highlights rising complaints...

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Industry moves: Blue Zebra completes double swoop

13 December 2018

Underwriting agency Blue Zebra has raided QBE and Marsh to appoint two regional managers as it continues to grow...

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Global warming: ‘extreme’ El Nino events looming

13 December 2018

New research shows that climate change will lead to more extreme and frequent El Nino events, which could lead to more severe impacts on Australia...

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QBE is on the right path, say analysts

12 December 2018

QBE’s cost-cutting plan and new reinsurance program have largely received a tick from analysts, but lingering caution remains over the delivery of performance improvements...

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Hayne fallout: NIBA worries brokers could take a hit

12 December 2018

The National Insurance Brokers Association is worried brokers could be caught up in the Hayne royal commission’s final report detailing ways to reform the financial services sector...

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Terror pool loses bid to expand into cyber

12 December 2018

A review of Australia’s terrorism reinsurance pool says the scheme should continue, but has rejected a proposed extension to include cyber terrorism...

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QBE targets $180 million in cost cuts

11 December 2018

QBE is targeting cost savings of $US130 million ($180 million) under a three-year efficiency program announced today...

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Cyclone Owen forecast to reform, threaten Queensland again

11 December 2018

Cyclone Owen may threaten Queensland for a second time and at greater intensity, the Bureau of Meteorology says...

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No confidence: ASIC slams complaints process

11 December 2018

Financial services providers, including general insurers, must improve complaints handling after ASIC highlighted problems with internal dispute resolution processes...

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JLT slams ‘utter nonsense’ as NSW councils file lawsuit

7 December 2018

JLT will “vigorously defend” a class action filed in the NSW Supreme Court on behalf of local councils that claim they paid excessive premiums…

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CEO goes as Allianz Worldwide Partners restructures

7 December 2018

Allianz Worldwide Partners Australia CEO Craig Dalzell has left the business following a review of its leadership structure…

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Gallagher moves into aviation brokerage

7 December 2018

Gallagher has acquired “significant elements” of the Boston Marks Insurance Group, giving it specialist aviation capability in the local market…

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Not working: NSW businesses call for workers' comp review

6 December 2018

The NSW Business Chamber has called on the Treasurer to commission an urgent review of the state’s workers' compensation system following employer complaints...

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AIG appoints new regional chief

6 December 2018

AIG has announced the creation of a new CEO Asia-Pacific role, with oversight of Australia and New Zealand...

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Crash causes: Rear-ending most common culprit

6 December 2018

Almost a third of all car crashes are caused by rear-ending the car in front, according to research released by AAMI today.

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Lives at risk: Committee demands urgent action on dodgy building products

5 December 2018

A plague of dodgy building products is increasingly putting lives at risk and forcing up insurance premiums, a Senate inquiry report warns.

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Customer, climate change: Issues keeping CEOs awake

5 December 2018

Concerns over climate change and staying relevant to customers are some of the pressing issues on insurance bosses’ minds, according to a KPMG survey...

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