13 May 2021
An inability to secure work visas for candidates located outside Australia is hampering the ability of insurance companies to source specialised experts, and recruiters say demand will only intensify for niche and experienced insurance professionals...
13 May 2021
QBE’s business interruption test case involving Educational World Travel and Victorian property law is set to be heard by the Federal Court in July...
12 May 2021
The Federal Budget has allocated $1.2 billion for measures to improve resilience, including the Government’s new mitigation program and spending on natural disaster responses...
12 May 2021
Austbrokers has acquired a 50% stake in YDR Chartered Loss Adjusters, an independently owned insurance service provider of loss adjusting, engineering and surveying expertise...
12 May 2021
A landlord who agreed to accept a reduced rate of rent from his hotel-operator tenant when COVID restrictions ate into guest bookings has lost a claim dispute with his insurer...
12 May 2021
The Insurance News podcast focuses on two major industry talking points of the last decade that have come to a head in recent days – reinsurance pools and significant investment in disaster mitigation measures...
11 May 2021
Businesses are often not confident their systems are protected from sophisticated cyber criminals and many aren’t sure their data breach response plan meets requirements, a Gallagher Australia report has found...
11 May 2021
Suncorp CEO Steve Johnston has voiced support for the Federal Government’s $10 billion guarantee to set up a cyclone reinsurance pool for northern Australia, saying the insurer is keen to use its knowledge of the region to help with the design of the scheme...
11 May 2021
The Australian Financial Complaints Authority has defended its decision not to determine car dealer add-on insurance cases if the complainants have not opted out of a class action lodged against Allianz, dismissing as “without merit” criticism from claims management firm Claimo that the move was unfair to its clients...
11 May 2021
The Federal Government has identified 22 flood mitigation projects around the country that will share $50 million released from the Emergency Response Fund...
07 May 2021
The Federal Government’s $10 billion cyclone reinsurance pool has been widely and publicly welcomed by the insurance industry – but not so very long ago there was almost universal opposition...
07 May 2021
The Australian Financial Complaints Authority has upheld a decision by Commonwealth Insurance to decline a claim for fire damage at an investment property that was likely caused by electrical equipment installed by the tenant for cultivating cannabis...
07 May 2021
Swiss Re Corporate Solutions says it has introduced an initiative to help Asia-Pacific companies assess physical climate risk impacts on their global portfolios as businesses face increasing scrutiny over potential exposures...
07 May 2021
The Australian and New Zealand Institute of Insurance and Finance will host its annual awards celebration at The Star Event Centre in Sydney on October 26...
06 May 2021
Claims data for NSW flooding in March won’t reflect the full extent of damage as prohibitive insurance costs meant many people with properties at risk from inundation had not taken out cover, Risk Frontiers says following research on Mid North Coast impacts...
06 May 2021
Reinsurance brokerage Guy Carpenter has launched an Asia Pacific Catastrophe Advisory Group, to be led by Sydney-based Senior Vice President Jeremy Waite...
06 May 2021
General rates for marine cargo in Australia are set to rise by as much as 10% over the next two years, driven in part by growing market losses, Aon says in a quarterly update...
06 May 2021
A new property owner seeking rectification costs from his insurer for a carport and patio addition made in 1979 has lost a claim dispute...
05 May 2021
The Federal Government says $600 million will be invested in a new disaster preparation and mitigation program to be managed by a National Recovery and Resilience Agency...
05 May 2021
QBE Insurance Group is pushing ahead with the “orderly transition” of its business towards climate goals set by the Paris Agreement and is aiming to have more women in its leadership and board ranks, Chairman Mike Wilkins told shareholders at today’s AGM...