Daily

QBE appoints data chief

31 May 2022

QBE Insurance Group says Christopher Bannocks has joined as Group Chief Data Officer based in the insurer’s London office...

RACQ forms Advocacy department

27 May 2022

RACQ has appointed Joshua Cooney to head a new Advocacy department and is looking to hire sustainability and government relations and policy leaders as part of the team...

Lismore pressing for floods retreat plan funding

27 May 2022

Lismore City Council GM John Walker says state and federal funding totalling hundreds of millions of dollars will be required for a property retreat plan to go ahead, as the city seeks to protect the community from future devasting floods...

Industry sinks to $428 million loss as floods take a toll

26 May 2022

The general insurance industry slumped to a $428 million net loss in the first three months of the year, as the February/March floods drove up gross incurred claims, Australian Prudential Regulation Authority statistics released today show...

Business loses dispute over lockdown BI cover

26 May 2022

The Australian Financial Complaints Authority has found in favour of an insurer in a dispute over stock damage and business interruption losses incurred during a covid lockdown...

Australian protection gap surges: Aon

25 May 2022

Australia’s insurance protection gap jumped to 57% last year as a result of the diverse range of natural catastrophes that affected the country, Aon says...

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...

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”...