28 September 2023
General insurance intermediaries invoiced about $18.49 billion in premium in the first six months of the year, up from $16.6 billion a year earlier, the Australian Prudential Regulation Authority says in a bi-annual update today...
28 September 2023
New Zealand insurer Tower says it has successfully renewed reinsurance terms for the next 12 months, with moderate increases in pricing and excesses...
28 September 2023
A complainant whose partner took her vehicle while drunk and crashed it when she was not home will not be covered for the damage after a dispute ruling found that the man had express consent to drive the car...
28 September 2023
The Australian and New Zealand Institute of Insurance and Finance has revealed the finalists for its upcoming New Zealand Insurance Industry Awards...
27 September 2023
Victorian Supreme Court approval is being sought for a settlement of the local government class action against JLT, with a legal notice showing that councils won’t receive compensation from the firm under the proposals...
27 September 2023
The Insurance Council of New Zealand, Te Kahui Inihua o Aotearoa, has announced CEO Tim Grafton will step down from his position next year...
27 September 2023
The Bureau of Meteorology has created a tropical cyclone forecast to improve weather event preparedness in Australia...
27 September 2023
Taylor Fry's Radar report, which examines trends in all the major insurance classes, is the main point of discussion on the latest Insurance News podcast...
26 September 2023
Suncorp expects the Australian Competition Tribunal to deliver a decision by the end of February on the proposed $4.9 billion sale of the company’s bank to ANZ...
26 September 2023
Allianz wants a nationwide "workplace realignment" and mental health solutions for employees after a survey indicated widespread fatigue and burnout...
26 September 2023
The annual global diversity and inclusion Dive In event starts today as key findings from a survey reveal the insurance industry has much to do in areas like mental health and gender equality...
26 September 2023
A farmer who says a fungal disease outbreak that reduced the harvest yield for his faba bean crop was caused by a hailstorm has lost his claims dispute...
22 September 2023
Irrational underwriting behaviours are driving a “relatively shambolic state” in the directors’ and officers’ market, with sharp rate declines and widening coverages increasing potential loss severity, a Lloyd’s senior executive has warned...
22 September 2023
The NSW Court of Appeal has overturned a decision to award a woman $91,117 after she slipped on grandstand steps and fell heavily on the concrete while attending a National Rugy League game...
22 September 2023
Australia’s ageing transportation networks are in need of a “comprehensive” seismic risk assessment, Risk Frontiers says in a briefing note...
22 September 2023
A landlord whose property was severely damaged by a fire caused by a tenant’s illegal drug operations will not have her claim paid after a dispute ruling backed her insurer’s application of a policy exclusion...
21 September 2023
Action to address issues in the loss-making householders class is a priority for the general insurance industry, which made an overall profit last financial year after investment results rebounded, the latest Radar report from actuarial consultancy Taylor Fry shows...
21 September 2023
A traveller who suffered a hip injury during her holiday in Cairo will be awarded additional compensation after a dispute ruling found her insurer unnecessarily delayed its decision to accept the claim...
21 September 2023
Insurers are urging Australians to "not be complacent” and prepare for all forms of wild weather after the Bureau of Meteorology declared an El Nino event this week and severe weather warnings were issued for large parts of Australia's south east...
21 September 2023
The Bureau of Meteorology has released a formal record of the record-breaking floods across eastern Australia during last spring...