Daily
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...
Crash causes: Rear-ending most common culprit
06 December 2018
Almost a third of all car crashes are caused by rear-ending the car in front, according to research released by AAMI today.
Lives at risk: Committee demands urgent action on dodgy building products
05 December 2018
A plague of dodgy building products is increasingly putting lives at risk and forcing up insurance premiums, a Senate inquiry report warns.
Customer, climate change: Issues keeping CEOs awake
05 December 2018
Concerns over climate change and staying relevant to customers are some of the pressing issues on insurance bosses’ minds, according to a KPMG survey...
AFCA complaints soar, but insurance bucks the trend
05 December 2018
Complaints to the newly-launched Australian Financial Complaints Authority soared by 47% last month, but general insurance improved with a drop of 5%.
Angry insurers say Fels has stepped over line
04 December 2018
The ICA has made an official complaint against NSW Emergency Services Levy Insurance Monitor Allan Fels, accusing him of stepping outside his remit and failing to listen to industry concerns...
Owen weakens as Queensland’s fiery heatwave ends
04 December 2018
Tropical Cyclone Owen has failed to strengthen as expected, but heavy rainstorms are still predicted for much of Queensland...
Dirty business? QBE takes heat over coal ties
04 December 2018
QBE is facing pressure from environmentalists after an annual scorecard ranked the insurer among the worst when it comes to moving away from coal-related businesses...
Wasted millions: Report slams NSW’s levy backflip
30 November 2018
The NSW Government’s last-minute cancellation of reforms to the Emergency Services Levy has been slammed in a parliamentary report released today...
Sydney storm claims climbing, but Queensland firefighters keep losses low
30 November 2018
Insurance losses from the torrential rainfall that hit Sydney this week have risen to $13.5 million...
WA parliamentarians want ACCC probe into insurers
30 November 2018
A WA parliamentary committee wants the ACCC to look into possible anti-competitive conduct by insurers in the smash repair industry...
QBE creates new role as revamp gathers pace
29 November 2018
QBE has announced more changes as part of a recent restructure that resulted in dozens of managerial roles being made redundant...
As Queensland burns, forecasts point to a high-risk summer
29 November 2018
Weather experts say the risk of above-normal bushfires persists in large areas of southern Australia as more than 100 fires continue to burn across Queensland...