Daily
Chubb names new Asia-Pacific head as McNamee promoted
11 July 2024
Chubb has appointed Marcos Gunn as regional president for Asia-Pacific, with responsibility for the general insurance business in Australia, New Zealand and 11 other markets...
QBE uses ‘valuable insights’ from 2022 floods to bolster claims support
11 July 2024
QBE has invested in several initiatives to strengthen its claims handling functions in response to the 2022 record floods...
Last chance to secure early bird tickets for Insurance News tech conference
11 July 2024
Tomorrow is the final chance to secure discounted early bird tickets for the upcoming Insurance News Moving Forward Faster technology seminar...
Cracking claim dispute ends in win for homeowner
11 July 2024
A homeowner who claimed for damage caused by ground movement stemming from a leaking pipe will be mostly covered following an Australian Financial Complaints Authority ruling...
ANZIIF reveals award finalists
10 July 2024
The Australian and New Zealand Institute of Insurance and Finance has unveiled the list of finalists for its industry awards event, to be held in Sydney on August 22...
Flood inquiry seeks north Queensland perspective
10 July 2024
The federal parliamentary inquiry into insurers’ handling of 2022 flood claims will travel to northern Queensland later this month to gain input on communities’ experiences after more recent disasters...
NIBA crowns NSW/ACT top brokers
10 July 2024
The National Insurance Brokers Association named the winners of its NSW/ACT awards today at a gala lunch at the Fullerton Hotel in Sydney...
INsight podcast: get moving on relocation
10 July 2024
A call by academics for the establishment of a National Relocation Authority is the main topic of debate on the latest episode of the Insurance News podcast...
ASIC details $21 million industry levy estimate
09 July 2024
The insurance industry will pay about $21.332 million in levies to fund the Australian Securities and Investments Commission’s supervision of the sector for last financial year...
Affordability campaign ramps up as Queensland election looms
09 July 2024
A coalition of consumer and strata owner groups is pressing the Queensland government to address an “escalating crisis of insurance affordability”, as pressure is stepped up before an October election...
Liberty casualty line pioneer calls time on ‘outstanding’ career
09 July 2024
Noel MacCarthy retired last week after 25 years at Liberty Specialty Markets...
Insurer’s sinkhole doubts prove well-founded
09 July 2024
A homeowner who discovered a large pit on his property will not be reimbursed for damage after the hole was found to have been a decommissioned well...
New agency offers financial lines, casualty for small businesses
05 July 2024
Artisan Underwriting will add to insurance options for small businesses when it launches next month with backing from Liberty Specialty Markets...
Industry eyes next wave of reforms after commission laws pass
05 July 2024
The industry is preparing for the next phase of advice reforms after legislation requiring brokers to seek commission consent when providing personal advice to retail clients finally passed yesterday...
Suncorp lifts reinsurance protection as ‘stability returns’
05 July 2024
Suncorp has locked in reinsurance protection for losses up to an increased limit of $6.75 billion, with the overall cost of the program expected to be broadly in line with last year given offsetting changes...
Christmas storms bill climbs to $1.56 billion
05 July 2024
Deadly storms that struck Australia’s east coast in December led to insured losses of $1.56 billion, the largest catastrophe loss of last year, analyst Perils says...
Battery fires pile on the pain for waste operators
04 July 2024
Insurers’ appetite for covering waste and recycling sites has weakened further due to the rise in lithium-ion battery fires in recent years...
Festive fracture proves costly for trampoline maker
04 July 2024
A physiotherapist has won more than $700,000 in damages after breaking his foot jumping on a trampoline...
Insurtech Australia chief to lead expert seminar panel
04 July 2024
Simone Dossetor, the CEO of Insurtech Australia, will chair a panel titled Are We Ready for Insurance 3.0? at an Insurance News seminar in Sydney on August 6...
Strata specialist Flex adds Lloyd’s underwriting capacity
04 July 2024
Residential strata specialist Flex Insurance has entered into a “significant underwriting binder” with a Lloyd’s syndicate for policies with sums insured up to $25 million...