06 April 2020
The insurance response to the coronavirus pandemic, which played out over the past week, was supposed to be an industry-wide solution to keep SME businesses insured and engaged. But it ended up being a solution that angered brokers and caused a great deal of debate...
30 March 2020
Make no mistake, the general insurance industry wants to do all it can to help consumers and small businesses get through COVID-19...
23 March 2020
Most economic losses stemming from the deadly COVID-19 pandemic will not be insured, and the most notable takeaway for insurers is likely to be the magnitude of the protection gap...
16 March 2020
Declarations of insurance catastrophes haven’t been all that uncommon over the past six months, but the COVID-19 outbreak is unlike anything that has gone before...
09 March 2020
The insurance industry has been pushing governments to invest more in disaster mitigation for more than a decade – but this summer’s bushfire catastrophe appears to have brought the debate to boiling point…
02 March 2020
The spread of the coronavirus to a rising number of countries has triggered emergency responses, thrown international stock markets into a tailspin and is causing Australians to reassess travel plans and question their insurance...
24 February 2020
Okay, so the stage is set for a bushfires royal commission, one that Prime Minister Scott Morrison says he "thought very deeply" about before deciding to make good on his words and go ahead with it...
17 February 2020
Not that many years ago cyber risk was viewed as no more than just a mid-tier peril, not something that would give business executives too much to worry about...
10 February 2020
The decision by Insurance Council of Australia CEO Rob Whelan to step aside after nearly 10 years in the role presents the organisation’s board with some interesting possibilities...
03 February 2020
"Spring blazes promise a summer from hell", warned the headline on the cover of December’s Insurance News magazine...
16 December 2019
As part of its annual General Insurance Industry Review, KPMG outlined 10 emerging trends for Australian insurance companies. Here’s our summary of the findings...
09 December 2019
Victoria is set to become the latest state to begin a workers’ compensation review as the nation continues to grapple with a mish-mash of models, different levels of private and public participation and questions over their performance...
02 December 2019
We’ve all been there. The home and contents renewal notice drops into your inbox and the premium has gone through the roof...
25 November 2019
Australia remains acutely exposed to cyber attack, and a string of measures – including consideration of a reinsurance pool – are required to shore up defences, risk experts say...
18 November 2019
Like many others before it, the latest report into what ails the building industry delivered little in the way of new insights into a shambolic state of affairs...
11 November 2019
AM Best’s latest market report, an examination of the London insurance market, has uncovered a “blurring” of the once-rigid divisions between the roles of brokers, insurers and reinsurers...
04 November 2019
Parametric insurance is growing fast, and it’s likely to keep doing so as climate change continues to bite...
28 October 2019
In the quarter-century that the threat of global warming has been hanging over general insurance in Australia, the debate has become fragmented and absurdly complex...
21 October 2019
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...
14 October 2019
It’s routinely flagged as one of the top business threats across the globe, but many Australian SMEs think they’ve got cyber risk covered. The trouble is they almost certainly haven’t...