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Analysis

Change is in the air

20 June 2016

The insurance industry has to change, and as KPMG points out in a report last week, minor tweaks just aren’t going to cut it…

Media storm follows a familiar pattern

14 June 2016

While last week’s images of backyards, walls and swimming pools collapsing into the sea off the NSW suburb of Collaroy were extraordinary, the media storm that followed the recent east coast low, storm surge and king tides was all too familiar…

Reinsurance renewals: signs of a rates respite?

06 June 2016

We’re into a crucial renewals period for the reinsurance industry, and while rates are still only heading in one direction there is a general consensus that the signs of stabilisation are there…

Insurance leaders must rise to the challenge of a changing world

30 May 2016

Change is a constant the insurance industry understands well. The industry’s profitability has always been dependent on how acutely it understands its customers, the communities in which they live and work, and the economic and regulatory environment in which insurers operate…

Death-trap buildings work on hold

23 May 2016

The double dissolution of Federal Parliament may have put an end to the crucial Senate inquiry into non-confirming building products for now. But the message from the Economics References Committee is clear – this important piece of work must be finished or the safety of Australians is at risk…

No easy return from rock bottom

16 May 2016

Insurance pricing may have finally hit the bottom, according to Standard & Poor’s – but don’t expect significant rises any time soon…

Death Dive: is this where the Winley funds went?

09 May 2016

Insurers counting their multimillion-dollar losses from the collapse of Perth-based authorised representative company Winley in April may have been unwittingly bankrolling an amazing global event organised by the couple accused of emptying Winley’s broker trust fund.

Insurtech: the race to swipe appy consumers

02 May 2016

It usually pays to be ahead of the game, and Suncorp’s $US5 million investment in US-based technology developer Trov could be the shape of things to come…

ASIC funding: a fair cop?

26 April 2016

The Federal Government’s $127 million reform package to strengthen the Australian Securities and Investments Commission has been widely welcomed…

The Winley collapse: an open secret

11 April 2016

The collapse of Winley Insurance Group in Perth was a major talking point among insurers last week. And no wonder; some of them have found themselves millions of dollars out of pocket. But it’s the manner in which they discovered they had been dudded that has set alarm bells ringing…

Broking: now for the hard part

14 March 2016

The proportion of SME businesses using insurance brokers appears to have stabilised, halting a worrying shift to the direct market – but that doesn’t mean brokers can rest on their laurels…

When the going gets tough...

29 February 2016

The general insurance market continues to be a tricky place to operate, but Australia’s listed insurers and broker cluster groups appear to be rising to the challenge…

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