COVID recession 'will spark fraudulent claims' 18 September 2020 Insurance fraud will worsen in the coming months as the coronavirus recession bites deeper, industry watchers say... Read More...
Former AFL player has $1.4 million concussion claim paid 18 September 2020 Ex-AFL player Shaun Smith has been paid a $1.4 million total and permanent disability insurance claim by MLC Life... Read More...
COVID not slowing pet premium growth: insurer 18 September 2020 Hollard-owned PetSure says most of its brands have achieved double-digit growth in both policy numbers and gross written premium in the past six months, countering analyst predictions that the market will slow as consumers look to save money... Read More...
Woman wins $50,000 payout for ring lost on outdoor deck 18 September 2020 A homeowner who lost her engagement ring after falling through her deck has been awarded $50,000 for the jewellery in a claim dispute hearing... Read More...
Insurers urged to keep up digital investment during recession 14 September 2020 Accenture has urged insurers to avoid making sweeping cost-cutting measures as a way of out the recession... Read More...
Suncorp’s axe tipped to fall lightly on insurance staff 14 September 2020 Insurance staff numbers are not expected to be “drastically affected” by Suncorp’s plan to reduce its workforce by 550, according to company sources... Read More...
Industry welcomes legislative framework review 14 September 2020 Insurance industry representatives have welcomed an Australian Law Reform Commission review of financial services regulation legislation... Read More...
Coronavirus fears ‘raise demand for financial advice’ 14 September 2020 Concerns over the economic impact of the virus-induced recession will see more Australians engaging with financial advisers over the next two years, according to research house Investment Trends... Read More...
Another tech manager leaves Steadfast 14 September 2020 Steadfast has confirmed the departure of EGM Underwriting Agency Technology Services Niels Laaper... Read More...
Moody’s cuts reinsurers’ outlook to negative 14 September 2020 Moody’s has cut the reinsurance sector outlook to negative from stable despite the best pricing environment in over a decade, as the industry faces low interest rates and uncertainty around ultimate pandemic-related losses... Read More...
Quiet Monte Carlo reflects a sombre reinsurance season 14 September 2020 Hopes for a festive mood at the annual Monte Carlo Rendez-Vous de Septembre have been doubly dashed this year, with the event cancelled due to the coronavirus pandemic and reinsurers facing tough times despite long-awaited rising rates... Read More...