29 January 2018
The Federal Government accepts disaster mitigation is the only sustainable way to reduce premiums in catastrophe-prone northern Australia. That’s the good news coming out of its long-awaited response to the region’s insurance pricing issues…
11 December 2017
Henry Ford observed that “history is bunk”, which may be correct – who are we to argue with dead American billionaires? – but it nevertheless throws up lessons that are as true today as they were long ago…
04 December 2017
It is only three months since a Senate committee handed down its report on the general insurance industry – one among a plethora of recent reviews…
27 November 2017
Convincing governments to increase mitigation spending is tough, but the Australian Business Roundtable for Disaster Resilience & Safer Communities has upped the ante in its latest report on the benefits of action and costs of inaction…
20 November 2017
The latest KPMG General Insurance Industry Review presents a buoyant picture, with profitability on the rise as rates increase, while the industry has also seen cost benefits from technological change…
13 November 2017
The wide-ranging fifth review of the General Insurance Code of Practice needs to show the industry can meet higher community and regulatory expectations amid an ever-sharper focus on financial sector standards and behaviour…
06 November 2017
The claims process can be tricky at the best of times, but in a hardening market challenges can be exacerbated…
30 October 2017
On the evening of July 7 this year, the worst aviation disaster on record very nearly happened…
23 October 2017
Finity Consulting’s latest “health check” on general insurance adds to an improving prognosis for the industry after years of weak premium growth and subdued investment returns…
16 October 2017
Insurers are not suffering from an innovation deficit, according to the latest Swiss Re Sigma report, which largely debunks the widely held perception of an industry out of step with the new economy’s needs…
09 October 2017
The surge in general insurance complaints handled by the Financial Ombudsman Service last year is bad news for an industry that faces regular inquiries and often ranks poorly in public image surveys…
02 October 2017
Insurance businesses risk kicking an own goal if a laser-like focus on traditional profit measures causes them to overlook employee diversity and inclusion…
25 September 2017
Insurers and brokers need no reminding that the digital age has unleashed a wave of disruptive forces that could demote them to fringe player status…
18 September 2017
Destructive US hurricanes have helped put this year’s Reinsurance Rendezvous spotlight on the global insurance protection gap and innovative opportunities to extend cover in traditional and new areas…
11 September 2017
Insurers are adeptly navigating a treacherous environment that includes rising catastrophe risks, low investment yields and the threat from disrupters, a report from S&P Global Ratings suggests…
04 September 2017
So-called challenger brand Hollard is closing in on its ambition to write $1 billion in premium, thanks to another major acquisition…
28 August 2017
Predictions on the future of the financial services industry have come thick and fast in the past few years: fintechs were going to change the world and make traditional incumbents an irrelevance…
21 August 2017
Like their Australian counterparts, US insurers are looking to improve distribution practices to drive growth…
14 August 2017
Towards the end of last year the Senate Economics References Committee was tasked with examining transparency, competition and rising prices in general insurance, along with any potential benefits of a government-run insurance comparator…
07 August 2017
Insurers face an uncertain future amid increasing pressure from insurtechs, according to interviews with industry leaders…