Daily
Berejiklian drops another shot at ESL reform
22 January 2019
The NSW Government has rejected introducing a property-based levy to fund emergency services if it wins the March election...
Welcome to 2019: it’s going to be a ‘challenging’ year
22 January 2019
This year will see difficult conditions for many insurance buyers as the market continues to harden and underwriters pull out of certain classes, broking leaders have warned...
Is standard cover the answer to consumers’ PDS blues?
22 January 2019
A revised and improved standard cover regime could do away with the discredited product disclosure statement, a leading broker advocate says...
Where the money went: The 10 biggest causes of claims
14 December 2018
Aviation-related claims are the biggest driver of insured losses in Australia, according to an Allianz Global Corporate & Specialty annual report...
NZ extreme weather losses near historic highs
14 December 2018
New Zealand is counting the mounting cost of extreme weather, with insured losses this year reaching the second-highest total since full-year records began in 1969...
Crawford names new Australian business chief
14 December 2018
Loss adjuster Crawford & Company has appointed Tim Jarman as President Australia following the promotion of Andrew Bart to a global role.
EML makes rocky start in NSW workers’ comp role
13 December 2018
EML’s performance as the NSW workers’ compensation scheme agent has been criticised in a statutory review that highlights rising complaints...
Industry moves: Blue Zebra completes double swoop
13 December 2018
Underwriting agency Blue Zebra has raided QBE and Marsh to appoint two regional managers as it continues to grow...
Global warming: ‘extreme’ El Nino events looming
13 December 2018
New research shows that climate change will lead to more extreme and frequent El Nino events, which could lead to more severe impacts on Australia...
QBE is on the right path, say analysts
12 December 2018
QBE’s cost-cutting plan and new reinsurance program have largely received a tick from analysts, but lingering caution remains over the delivery of performance improvements...
Hayne fallout: NIBA worries brokers could take a hit
12 December 2018
The National Insurance Brokers Association is worried brokers could be caught up in the Hayne royal commission’s final report detailing ways to reform the financial services sector...
Terror pool loses bid to expand into cyber
12 December 2018
A review of Australia’s terrorism reinsurance pool says the scheme should continue, but has rejected a proposed extension to include cyber terrorism...
QBE targets $180 million in cost cuts
11 December 2018
QBE is targeting cost savings of $US130 million ($180 million) under a three-year efficiency program announced today...
Cyclone Owen forecast to reform, threaten Queensland again
11 December 2018
Cyclone Owen may threaten Queensland for a second time and at greater intensity, the Bureau of Meteorology says...
No confidence: ASIC slams complaints process
11 December 2018
Financial services providers, including general insurers, must improve complaints handling after ASIC highlighted problems with internal dispute resolution processes...
JLT slams ‘utter nonsense’ as NSW councils file lawsuit
07 December 2018
JLT will “vigorously defend” a class action filed in the NSW Supreme Court on behalf of local councils that claim they paid excessive premiums…
CEO goes as Allianz Worldwide Partners restructures
07 December 2018
Allianz Worldwide Partners Australia CEO Craig Dalzell has left the business following a review of its leadership structure…
Gallagher moves into aviation brokerage
07 December 2018
Gallagher has acquired “significant elements” of the Boston Marks Insurance Group, giving it specialist aviation capability in the local market…
Not working: NSW businesses call for workers' comp review
06 December 2018
The NSW Business Chamber has called on the Treasurer to commission an urgent review of the state’s workers' compensation system following employer complaints...
AIG appoints new regional chief
06 December 2018
AIG has announced the creation of a new CEO Asia-Pacific role, with oversight of Australia and New Zealand...