About $50 million from the Emergency Response Fund would be earmarked annually for mitigation works, a move the Insurance Council of Australia has called “a leap in the right direction”...

AIG has appointed Toni Ferrier as New Zealand CEO, effective from January 20...

Financial services product disclosure laws have failed to protect consumers as intended, a study by the Australian Securities and Investments Commission has found...

A scathing report into Total and Permanent Disability insurance has found the sector riddled with industry-wide problems in design and claims-handling processes that have left it little better than junk insurance...

Analytics consulting firm Finity has appointed global climate expert Rade Musulin to lead its Climate Risk practice...

Typhoons Hagibis and Faxai, which lashed Japan this month and last respectively, are not expected to have a material impact on the capitalisation of the country’s three major insurers, according to AM Best...

Insurance Council of Australia President Richard Enthoven’s “state of the industry” speech at the National Insurance Brokers Association Convention on the Gold Coast last week was brutally honest on the trials heading the industry’s way. But it also contained plenty of hope, pride – and new information...