Daily
P&C premium 'to top $74 billion by 2032'
25 May 2022
Australia’s general insurance market is projected to be worth at least €49.1 billion ($74 billion) by 2032, representing growth of about 3.9% on a compound annual basis over the next 10 years, according to a new report from Allianz...
Man who left 'hidden' key in car loses theft claim dispute
25 May 2022
A man who left his key in his car at the time it was stolen has lost his appeal to the Australian Financial Complaints Authority to have his insurance claim paid...
INsight podcast: new government, new priorities
25 May 2022
The new Labor Federal Government and its approach to the insurance industry is the main topic discussed on the latest Insurance News podcast...
Chances increase for above-average winter rainfall
24 May 2022
Climate drivers in the Pacific and Indian oceans are pointing to an increased chance of above-average winter rainfall in eastern Australia, the Bureau of Meteorology says...
Home premiums rising fast, warns GlobalData
24 May 2022
Home premiums in Australia are rising at the fastest rate in seven years, pushing insurance out of reach for some, a report from analyst GlobalData warns...
'I should, but I haven't': micro businesses oblivious to cyber
24 May 2022
Small businesses with turnover under $10 million a year are largely ignoring cyber risk, adopting a “head in the sand” attitude even as attacks escalate and rapid adoption of technology leaves them exposed, Cameron Research says...
Insured who failed to disclose debt agreement loses claim dispute
24 May 2022
A motorist has lost her claim dispute after she failed to disclose a debt agreement during the renewal of her insurance policy...
ICA stands by outspoken resilience stance on election eve
20 May 2022
As Australians head to the polls tomorrow, the Insurance Council of Australia has made a final plea to politicians to invest in disaster resilience measures, saying that the industry body “needs to be part of the conversation”...
'Heart-breaking': flood claims reaching 'difficult point', says Gallagher
20 May 2022
It’s crunch time for many claims from the devastating east coast flood catastrophe, but some claimants' lack of cover will leave them exposed, broker Gallagher says...
NIBA names Tasmania/Victoria broker award winners
20 May 2022
The National Insurance Brokers Association has named winners of its 2022 broking awards for Tasmania and Victoria...
Insurer fails in attempt to write off vehicle due to its own faulty repairs
20 May 2022
A Queensland driver has won a claim dispute after her insurer sought to have her car written off at current market value - six years after it organised problematic repair work - rather than pay a $14,000 rectification bill...
Steadfast appoints technology chief as CIO departs
19 May 2022
Steadfast has appointed Chris Rouse as EGM of Technology, and announced the departure of CIO Nathan Hillery...
'Pushing down premiums': Greens commit to flood resilience grants
19 May 2022
Homeowners with properties at risk from flood could receive a $20,000 grant as part of a $7.8 billion Greens plan aimed at tackling insurance unaffordability...
Driver wins outstanding parts delay stoush
19 May 2022
A NSW motorist who questioned the roadworthiness of his car after being told to return a rental vehicle and resume driving his own while his insurer’s repairer waited up to six weeks for some outstanding parts has won a claim dispute and been awarded compensation...
Podcast series launches to bring in-depth broker insight
19 May 2022
A new series of podcasts focusing on the detailed findings of Vero’s latest SME Index has been launched...
Chubb appoints new Head of Distribution
18 May 2022
Chubb has appointed Demetra Day as Head of Distribution for Australia and New Zealand, effective from the start of July...
'Walk the talk': insurers urged to lift climate resilience gameplan
18 May 2022
Insurers may not be matching their rhetoric with action when it comes to addressing climate change impact on their business, a report from non-profit financial services body Efma and consultancy Capgemini has found...
NIBA names Vic/Tas finalists, honours Graham Stevens
18 May 2022
The National Insurance Brokers Association has named the Victorian/Tasmanian finalists for its Broker of the Year and Young Broker of the Year awards...
INsight podcast: income inequality and what it means for insurance
18 May 2022
Income inequality and the implications for insurance are a key focus for the panel in the latest edition of the Insurance News podcast...
Election campaign home buyer focus overlooking quality issues: SCA
17 May 2022
Housing policies released during the federal election campaign are aiming at first home buyer affordability concerns while overlooking quality issues, the Strata Community Association said today...