17 October 2022
The High Court of Australia decision against hearing appeals on covid-triggered business interruption cover largely concludes the industry test case process in favour of insurers but the resolution of claim disputes and other legal action may take some time yet...
10 October 2022
The insurance industry has raised its voice on resilience, and is achieving political cut through following natural catastrophes, but the crucial role it can play worldwide in delivering new technologies that lower emissions tends to fly under the radar...
03 October 2022
Doors opened to the biggest ever annual Dive In festival last week as industry leaders and inspirational guest speakers called on the insurance industry to herald in a “braver culture” at 150 events in 40 countries....
26 September 2022
The Bureau of Meteorology has declared another La Nina is underway. This means Australia’s east coast will likely endure yet another wet, and relatively cool, spring and summer...
19 September 2022
Actuarial consultant Taylor Fry has released the annual Radar report, its “class-by-class" insights for insurers...
12 September 2022
The Insurance Council of Australia released two significant reports on natural catastrophes last week...
05 September 2022
After years of debate over the line between general and personal advice and rules related to each, the closely watched Quality of Advice review has put a plan on the table that cuts a swathe through previous discussions...
29 August 2022
People buy insurance so that they’re looked after when disaster strikes – but how prepared are they for the realities of the claims process after a major natural catastrophe?...
22 August 2022
Actuaries have painstakingly crunched the numbers on insurance affordability for Australia's 10 million households and the conclusion is clear: the current regime of taxes, building codes and land planning must change...
15 August 2022
Reinsurers are seeking more stability in a volatile environment that has changed significantly in recent times, with uncertain implications for pricing and capacity, a report from AM Best indicates...
08 August 2022
The legal test case process triggered by declined pandemic-related business interruption claims will head into a third year as the wheels of justice turn slowly and clarity is still sought over the issues...
01 August 2022
The Commonwealth Scientific and Industrial Research Organisation has released a major new report outlining seven megatrends that will shape our society over the next 20 years...
25 July 2022
There’s momentum building on an insurance issue that could theoretically invalidate thousands of home and contents policies, and has consumer groups throwing around accusations of “junk” cover...
18 July 2022
After years of conjecture and the sale of various other financial services business in recent times, Suncorp has made the decision to divest its bank and focus entirely on insurance...
11 July 2022
Scrutiny of broker remuneration and heat over commission payments and transparency was always going to rise this year as the Government’s Quality of Advice review commenced and various parties faced off from familiar corners...
04 July 2022
When the Morrison government announced in February that its upcoming cyclone reinsurance pool would provide premium savings of up to 50% and more, there was widespread scepticism across the insurance industry...
27 June 2022
Insurers have been at the vanguard of calls to “build back better” after Australia’s record-breaking floods catastrophe – and rightly so...
20 June 2022
Covid-19 dominated much of the world’s attention in the last few years, until this February when Russian President Vladimir Putin ordered a “special military operation” in neighbouring Ukraine...
06 June 2022
A series of obstacles have constrained insurers as they battle half a million claims from a string of some of the worst catastrophes ever experienced in Australia...
30 May 2022
Readers of the insuranceNEWS.com.au Daily news service will know that we provide regular summaries of key general insurance industry dispute rulings...