17 February 2025
Opposition Leader Peter Dutton has threatened to force divestment in the insurance market as premium costs spiral – but the industry says it won’t help consumers because coverage issues are caused by rising risks, not a lack of competition...
10 February 2025
A global insurance outlook from consultancy EY outlines strategies for growth in a softening market, as industry players look to maintain positive momentum...
03 February 2025
The General Insurance Code Governance Committee is finally showing its enforcement teeth as it uses one of its strongest sanctions to punish an errant insurer for the second time in eight months...
16 December 2024
It’s been a busy year in the insurance industry, and the team at insuranceNEWS.com.au has published almost 2800 articles so far...
09 December 2024
The corporate regulator has demanded insurers act immediately on complaints handling failings, toughening its messaging as the three-year anniversary of the Queensland and northern NSW floods approaches...
02 December 2024
A simple, open-ended question in this year’s Insurance News wellbeing survey – “Can you tell us what you do and don’t like about working in insurance?” – garnered almost 1100 anonymous and frank replies...
25 November 2024
Insurance News held a half-day cyber seminar in Sydney last Thursday, with more than 100 industry professionals attending...
18 November 2024
The Australian Financial Complaints Authority has updated its datacube resource, which provides statistics on disputes by product or company...
11 November 2024
Actuarial group Taylor Fry’s Radar report has examined climate, affordability, technology and regulation impacts on insurers while looking behind industry headline figures to identify positive and negative developments in each of the major classes...
04 November 2024
A range of market interventions may be required as climate change unravels traditional insurance models, the Australia Institute warns today...
28 October 2024
Significant reforms to Victoria’s building regulator and builders’ warranty insurance scheme have been broadly welcomed, as the state moves towards a “first resort” model...
21 October 2024
The parliamentary inquiry into the record-breaking floods of two years ago has placed significant weight on achieving improvements through a code of practice overhaul, backed by greater oversight from the Australian Securities and Investments Commission...
14 October 2024
Australia is seeking to be the first country to require that ransoms paid to cybercriminals be reported to the government...
07 October 2024
The Senate inquiry into the impact of climate risk on insurance premiums is getting one message loud and clear: axing taxes on insurance would be the easiest and most direct way for governments to ease affordability pressure...
30 September 2024
Ten years ago, Dive In began in London with 100 people...
23 September 2024
Most industry watchers understand that insurers have needed to push through steep rate rises in recent years to ensure a profitable and sustainable future...
16 September 2024
More stringent insurance disclosure rules may be just one of the repercussions from last week’s Four Corners program alleging malpractice in the strata sector...
09 September 2024
The independent panel reviewing the industry code of practice has pressed ahead with reform proposals targeting many of the problems highlighted during the federal flood inquiry...
02 September 2024
The industry’s attention turns to Monte Carlo soon for the Rendez-Vous de Septembre, the annual talkfest on the state of the reinsurance market after the mid-year catastrophe renewals...
26 August 2024
Half the population of southwest Queensland, NSW’s Northern Rivers, regional WA and the NT face home insurance premiums that exceed a month’s income...