15 March 2023
The Allianz Commercial business in Australia will be led by Phuong Ly following changes in global group arrangements that aim to improve the delivery of offerings across large and mid-sized customers...
15 March 2023
Hollard-owned PetSure has been granted a standalone general insurance licence by the Australian Prudential Regulation Authority in a change the company says will give it greater flexibility and independence to achieve its objectives...
15 March 2023
A restaurant owner has won a claims dispute over “sudden and unexpected” cracks despite being challenged by a ruling on the cause of the damage...
15 March 2023
The latest Vero SME Insurance Index is the main discussion point on the most recent episode of the Insurance News podcast...
14 March 2023
The Bureau of Meteorology has issued an El Nino watch and says there’s about twice the normal likelihood that the climate influence associated with heatwaves and bushfires could form later this year...
14 March 2023
The Envest Group has appointed Macquarie’s David Ball as Chief Investment Officer and has restructured its existing leadership team as it positions for further expansion...
14 March 2023
Catastrophe data firm Perils has finalised its loss estimate for the NSW/Queensland flood catastrophe in February/March last year at $6.527 billion...
14 March 2023
A complainant who lodged a claim for a car accident after her policy expired will not be compensated after a dispute ruling found that her insurer acted appropriately, and did not know that she was suffering from an illness later diagnosed as terminal cancer...
10 March 2023
Consumer advocates remain opposed to a proposed “good advice” duty as recommended by the Quality of Advice Review but have indicated one of the suggestions around lengthy compliance statements merits further consideration...
10 March 2023
The Queensland Government has settled more than 100 sale contracts under a $741 million program that allows flood-hit home owners to sell their properties for pre-disaster values and move to safer ground...
10 March 2023
IAG says it has significantly accelerated home repair pass rates with early use of Indoor Environmental Professional experts before repairs begin on property claims where there is storm or flood damage...
10 March 2023
Landlords who said their property was damaged by a foul smell due to their tenants cooking “strong curries” will not be compensated for their losses after losing a claims dispute...
09 March 2023
Direct market insurance buyers are increasingly considering using brokers, while the percentage of businesses buying cover through a mix of channels has continued to grow, the latest Vero SME Insurance Index shows...
09 March 2023
Lloyd’s underwriting results improved last year, lifted by organic growth and rate increases in key markets including Australia, the business says in a preliminary update...
09 March 2023
Auckland-based underwriting agency Delta Insurance is merging its property business with Delta Insurance New Zealand, to be led by Andrew Beaton...
09 March 2023
A company that lodged a complaint against its insurer’s decision to settle a third-party accident claim and charge excess fees has lost its dispute after an Australian Financial Complaints Authority determination...
08 March 2023
Removing barriers to opportunity remains critical even as the insurance industry makes progress on advancing gender equality, leaders and executives have said today in marking International Women’s Day...
08 March 2023
Profitability at property and casualty insurers in New Zealand will dip substantially this year in the face of record weather event claims, inflationary pressures and ballooning reinsurance charges, S&P Global Ratings says...
08 March 2023
The latest industry statistics released by the Australian Prudential Regulation Authority are the main topic of discussion on the latest episode of the Insurance News podcast...
08 March 2023
A complainant has lost a challenge against her insurer’s decision not to renew her comprehensive motor policy due to the “unacceptable risk” associated with her daughter’s claims history...