Daily

QBE reveals Regan’s severance payout details

09 September 2020

Former QBE Group CEO Pat Regan, who departed the insurer following a probe into his communications with a female employee, will get a severance payout of $310,000 in lieu of a reduced notice period plus statutory leave entitlements...

NSW names new icare chairman in overhaul

09 September 2020

icare Chairman Michael Carapiet will step down later this month and be replaced by former NSW Labor Party leader John Robertson, as the state insurer undergoes an overhaul and the Government fast-tracks a review into its operations and regulation...

Australians to suffer more extreme weather events: IAG

09 September 2020

Climate change will result in more frequent and intense extreme weather events across Australia, resulting in greater property, personal and economic damage, warns IAG’s latest Severe Weather in a Changing Climate report...

'We don't discourage pandemic claims': brokers

08 September 2020

Insurance broker representatives have rebutted a media report that suggests intermediaries discouraged SMEs from lodging coronavirus-related business interruption claims as the pandemic took hold...

Airline administration not covered by travel policy: AFCA

08 September 2020

Zurich has successfully defended a complaint lodged by a traveller who believed he was entitled to claim for losses incurred from buying a new return ticket when the airline he was booked to fly with in March went into administration...

NZ marks decade since Canterbury quakes

04 September 2020

New Zealand has marked the 10-year anniversary of the start of the Canterbury earthquake sequence, the biggest insured event in the country’s history and at the time the fourth most expensive global natural disaster...

icare personal injury executive departs

04 September 2020

NSW state insurer icare says Group Executive, Personal Injury Beth Uehling is departing the organisation after five years to take up the next opportunity in her career...

Former CBA advice firm hit with class action

04 September 2020

A class action has been filed in the Federal Court against Count Financial, a financial advice firm that was previously owned by Commonwealth Bank of Australia...

Casino sues Chubb to recover BI losses

03 September 2020

Casino operator The Star Entertainment Group has commenced legal action against Chubb Insurance Australia and other insurers, seeking compensation for business interruption losses suffered as a result of COVID-19 trading curbs imposed by governments...

NIBA implores SME inquiry to consider insurance tax reform

03 September 2020

The National Insurance Brokers Association has urged Australian Small Business and Family Enterprise Ombudsman Kate Carnell to take into account the impact tax reform could have on premium affordability for SMEs...

Zurich unveils digital unit, new regional CEO

02 September 2020

Zurich has announced a new global unit to expand digital services and capitalise on changing customer behaviour, to be run by current Asia Pacific CEO Jack Howell...

AIG announces trio of appointments

02 September 2020

AIG Australia has announced three key appointments including the promotion of company stalwart Dan Collinson to Head of Commercial Insurance...