Daily

Cyclone Alfred loss hits $2.5 billion: Perils

23 April 2025

Catastrophe data specialist Perils says insured losses from Cyclone Alfred have passed $2.56 billion – making it the largest cyclone loss event since Tracy hit Darwin in 1974...

Fair weather brightens outlook for Tower

22 April 2025

Tower has raised its profit guidance for the year to September due to unusually favourable weather, lower inflation and fewer total loss house claims...

Telematics app reveals scale of dangerous phone use

17 April 2025

Australians use their phones during one in every seven car trips, putting road users and pedestrians at risk, IAG brand ROLLiN’ says after evaluating more than 18 million kilometres of customer driving data...

Vintage caravan owner wins payout lift

16 April 2025

A Youi policyholder has secured an increased payout after a dispute over a caravan damage claim, despite failing to complete repairs after a previous cash settlement...

INsight podcast: Labor sparks LMI outcry

16 April 2025

Labor's home loan guarantee extension pledge and the existential threat it poses to the lenders' mortgage insurance market is the main topic on this week's Insurance News podcast...

Catastrophe lull helps industry to $6 billion profit

15 April 2025

Australian general insurer profits surged to $6.1 billion last year amid a reprieve from natural catastrophes and a boost from investments, but the industry is far from making super-normal earnings, KPMG says...