Daily
NIBA names broker of the year finalists
03 July 2024
Sixteen finalists are in the running to win the National Insurance Brokers Association broker of the year award...
Flood inquiry to visit Tasmania
03 July 2024
Federal MPs will hold a hearing in northern Tasmania as they continue their inquiry into the insurance industry’s response to the record floods of 2022...
Liberty unveils ‘scientific’ fire and hail cover for orchards, vineyards
03 July 2024
Liberty Specialty Markets has launched a bushfire and hail product for Australian vine and orchard growers...
INsight podcast: insurer code review progresses
03 July 2024
The General Insurance Code Governance Committee's submission to the ongoing code review is the main topic of discussion on the latest episode of the Insurance News podcast...
WTW appoints Aon veteran to lead region
02 July 2024
James Baum has been appointed WTW head of Australia and New Zealand from July 15...
Reinsurance renewals ‘find balance’ as supply rises
02 July 2024
Australian mid-year property catastrophe reinsurance renewals have been described as relatively flat with some price reductions after a reset and more benign conditions, and with global capacity increasing...
Steadfast boosts broker services team
02 July 2024
Steadfast has appointed Kasun Jayaratne to a newly created role in its broker and insurer services division as it moves to expand the business...
Argenta axes Sydney office after review
02 July 2024
Argenta Underwriting Asia’s office in Sydney has been shut, with existing books and future business to be managed from London...
IAG simplifies reinsurance cover with five-year program
28 June 2024
IAG has revamped part of its reinsurance through a simplified five-year program that aims to better protect earnings from volatility caused by extreme weather...
Suncorp eyes July bank exit after Treasurer backs $4.9 billion sale
28 June 2024
Federal Treasurer Jim Chalmers has approved the sale of Suncorp’s banking business to ANZ, clearing one of the last remaining hurdles for the $4.9 billion deal...
‘Next phase of development’: UK law firm buys Proclaim
28 June 2024
Claims manager Proclaim has agreed to be acquired by UK law firm DWF...
Homeowners win payout over defective roof repairs
28 June 2024
The Australian Financial Complaints Authority has ordered RACQ Insurance to replace a home's roof and patio after finding the insurer failed to address faulty workmanship following a storm in 2020...
Household premium growth eases but pain lingers for consumers
27 June 2024
Home and motor insurance prices surged 14% in the year to May after a record 16.5% jump in the year to April, according to the latest consumer price index indicator...
Insurance News seeks star start-ups for insurtech pitch contest
27 June 2024
Insurtechs will pitch their innovative solutions at the Insurance News technology seminar in August...
AFCA slams bank for ‘environment of inappropriate selling’ on CCI
27 June 2024
Two homeowners have won a refund of their consumer credit insurance premiums after the complaints authority found the policy was inappropriately sold to them by a National Australia Bank agent...
AMI sounds alarm over hot water system thefts
27 June 2024
IAG-owned insurer AMI has warned homeowners after data showed water heating system thefts lead to the costliest burglary claims in New Zealand...
Theatres win limited BI cover for covid closures
26 June 2024
A court has delivered Melbourne theatres a partial business interruption insurance victory after shows including Harry Potter and the Cursed Child and Billy Elliot the Musical were closed during the pandemic...
NSW plans strata law reforms on commission disclosure, penalties
26 June 2024
The NSW government will introduce strata laws aimed at improving commission disclosure and weeding out “bad behaviour” in the sector...
HDI Australia shakes up regional leadership
26 June 2024
Stefan Feldmann will take an expanded leadership role at HDI Global in Australia and New Zealand, with responsibility for commercial and specialty business, while Mark Fleiser will depart the insurer...
INsight podcast: ministers prioritise resilience at last
26 June 2024
Incorporating climate resilience into the National Construction Code is the main topic of conversation on the latest episode of the Insurance News podcast...